Saudi Aramco, long known for stable payouts, slashed its dividend by 30%, signaling financial strain and shifting priorities. Since its 2019 IPO, Aramco has significantly underperformed both ...

Kuwait’s Heavy Engineering Industries and Ship-building Company (Heisco) has announced that it has secured a contract to provide civil and mechanical work at Saudi oil giant Aramco’s Abqaiq ...

Kuwait’s Heavy Engineering Industries and Ship-building Company (HEISCO) said on Monday it has signed a contract for civil and mechanical work at Saudi Aramco’s Abqaiq oil facilities in Eastern Saudi ...

Saudi Aramco discovers 7 new oil and gas deposits ... Published July 1st, 2024 - 08:05 GMT. A general view of Saudi Aramco's Abqaiq oil processing plant on September 20, 2019.

T HE MANAGERS of Saudi Aramco could have the cushiest jobs in the energy business. The oil colossus produces 11m barrels of oil a day, more than any other firm and a tenth of the world’s total ...

Boot Camp. Subscribe My account. Log in. Newsletters ... Saudi Aramco's Abqaiq oil processing plant. FAYEZ NURELDINE/Getty Images 2024-05-31T12:33:44Z ...

Saudi Aramco’s Shaybah oil field Courtesy of Saudi Aramco. By Vivienne Walt. May 30, 2024 7:31 AM EDT. Big Oil often suggests ExxonMobil or Chevron.

The release last week of Saudi Aramco’s Q1 2024 results comes at a time that Saudi Arabia is ... but also after the September 2019 attacks by the Iran-backed Houthis on its Abqaiq and ...

Up till now, Saudi Arabia was firmly in the American camp, ... Perhaps a major wake-up call in Riyadh came in the shape of the 2019 drone attacks targeting Aramco’s oil facilities in Abqaiq and ...

Saudi Aramco on Tuesday posted a 39-percent jump in third-quarter profits year on year boosted by higher oil prices resulting largely from Russia's invasion of Ukraine.The announcement came as the ...

A Saudi Aramco plant in Abqaiq, Saudi Arabia. ... Saudi Aramco, the world’s largest oil company, said on Tuesday that it had earned $42.4 billion in net income in the third quarter.