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Houthis attack Aramco oil facility in Saudi Arabia's Jeddah: Arab Coalition
- No casualties reported, says Saudi-led coalition
Saudi Aramco's income more than doubles amid plans to raise output by 2027
- Company to raise crude production capacity by 2.8 million barrels per day by 2027
Aramco to develop major refinery, petrochemical complex in China
- Liquids-to-chemicals complex in Panjin, to start in 2024, will help will help meet China's growing demand for energy and chemical products
Saudi Aramco signs crude supply deal with Egyptian petrochemicals firm
- Aramco will supply 100,000 barrels per day of Arabian Crude to planned refining and petrochemical complex in Egypt’s Suez Canal Economic Zone
EU banks still providing funds for fossil fuels
- HSBC, Barclays and BNP Paribas have provided over $400B to 50 oil companies including ExxonMobil, Saudi Aramco, Shell, BP since 2016, ShareAction says
Oil increases as Aramco’s price rise signals bullish demand
- Aramco's decision to raise crude prices for Asian consumers comes one day after OPEC+ agreed to keep December output unchanged
Revenues of oil giants increase 46% in 1H21
- Saudi Aramco, Chevron, Equinor and Lukoil record highest year-over-year revenue rises
Oil down as deep Saudi price cut signals demand slip in Asia
- Further price declines are limited by supply disruptions in US after Hurricane Ida
Oil giants increase profits to $46 billion in Q121
- BP records highest year-over-year rise in profit
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Saudi oil giant Aramco reports 30% profit rise in 1Q21
- Aramco's first quarter 2021 profits hit $21.7 billion compared to $16.6 billion in same period of last year
Aramco, SABIC to realign petchems & fuel product sales
- Saudi Arabia’s national oil firm Aramco bought 70% stake in chemical manufacturer SABIC for $70 billion in June last year
Saudi Arabia in talks to sell 1% stake in Aramco
- Firm's IPO is part of Vision 2030 initiative to steer country away from oil dependency
Brent leaps over alleged attacks on Aramco facilities
- Tensions in region were already heightened after cyber-attack on Iran’s main nuclear facility on Sunday
Aramco signs $12.4B infrastructure investment deal
- Newly-formed Aramco subsidiary, Aramco Oil Pipelines Company, will lease usage rights in Aramco’s stabilized crude oil pipelines network for 25-year period
Aramco in talks to sell over $10B oil pipeline stake
- Deal to transfer up to 49% share to consortium including US, Chinese and local investors could be announced this week
Siemens Energy signs long-term service deal with Aramco
-15-year agreement covers power supply at four major oilfields of Saudi Arabia’s state oil company
Revenues of oil giants decline 35.4% in 2020
- Royal Dutch Shell records highest year-over-year decline in revenue
Oil, gas still relevant alongside renewables: S. Aramco
- Cleaner gas, including Blue Hydrogen and Blue Ammonia, will be area of growth for company, says head of upstream business
Saudi oil giant Aramco reports 44% profit slump in 2020
- Aramco's 2020 profits hit $49B compared to $88.2B in 2019
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Saudi Arabia contains fire at oil facility after attack
- Yemen's Houthi rebel group says earlier Aramco oil company targeted with 6 drones
Revenues of oil giants decline 35.8% in 3Q20
- Royal Dutch Shell records highest year-over-year decline in revenue
Aramco, Baker Hughes form JV for non-metallic products
- Facility to produce onshore non-metallic pipelines, including reinforced thermoplastic pipes from composite materials
US, Saudi firms to form joint venture in MENA region
-Saudi Aramco, Baker Hughes will each own 50% share to manufacture non-metallic, composite materials, says Turkish Competition watchdog
Saudi official says terror attack behind oil tank blast
- Houthi spokesman confirms targeting Aramco distribution station in Jeddah
Aramco signs oil and gas deals with 8 firms
-Company expects deals to support growth in employment and development of workforce in Saudi Arabia
Saudi Aramco reveals plans to sell bonds
- Oil price slump from coronavirus pandemic makes it hard for Aramco to meet $75 billion shareholder commitment
Saudi Aramco's net income declines 44% in third quarter
- However, 3rd quarter net income is 79.5% higher than $6.57 billion income posted in second quarter of this year
Saudi Arabia discovers two new oil, gas wells
- Country holds 269 billion barrels, or 17.2%, of total global reserves after Venezuela