Aramco

Oil Giant Saudi Aramco Says Quarterly Profits Up as Crude Prices Surge

This is Beirut, 10/05 12:30 - Reading : 3 minute(s)

Saudi Aramco Iran Gulf USA USIranWar Economy

Saudi oil giant Aramco said Sunday its net profit rose by 25.5 percent in the first quarter compared to the same period last year, after the Middle East war sent oil and gas prices soaring. The result comes as uncertainty plagues global markets over the conflict's trajectory, with Iran restricting the passage of hydrocarbons through the strategic ...

Saudi Aramco Profit Drops 22 Percent on Lower Prices

This is Beirut, 2025-08-05 10:05 - Reading : 1 minute(s)

Gulf Middle East Saudi Energy Oil Aramco

Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices hit revenues, the oil giant said on Tuesday. Aramco, the world's biggest oil exporter and driver of the Saudi economy, has now seen profits decline for 10 straight quarters since record results in late 2022. "The decrease in ...

Aramco and BYD unveil car technology alliance

This is Beirut, 2025-04-22 19:00 - Reading : 2 minute(s)

Saudi Arabia Aramco Vehicles

Saudi Aramco and the Chinese electric vehicle giant BYD announced Monday an agreement to work together on what they called new-energy vehicle technologies. The Saudi oil giant is already a partner with Renault of France and the Chinese automaker Geely in a joint venture to produce thermal engines. Its subsidiary, Saudi Aramco Technologies ...

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