The state-owned behemoth is targeting capital investments of between $52 billion and $58 billion this year, as it continues to progress its growth strategy and on its plans to sizeably boost the count ...

Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from ...

Project is part of Aramco's coveted long term agreement framework, which has offered EPCI contracts worth $2 billion to $3 ...

Policymakers and energy executives need to rethink energy transition plans and stop doubling down on elements of the ...

DUBAI, United Arab Emirates — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze ...

Riyadh (Saudi Arabia) (AFP) – Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom's ambitious economic reform plans.

Aramco's dividend, the highest in the world, has played a key role in beefing up Saudi Arabia's state coffers. The announced cut will hit the kingdom's budget deficit. Saudi state oil producer ...

Saudi Aramco, in collaboration with Siemens Energy, has inaugurated the kingdom’s inaugural direct air capture unit, a pilot facility designed to extract 12 tonnes of carbon dioxide annually from the ...

UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced its collaboration with Aramco, one of the world’s leading integra ...

FILE - Saudi Arabia's state-owned oil company Armco and stock market officials walk under a screen displaying the value traded and the volume traded of Aramco's initial public offering (IPO ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze the ...