At CERAWeek 2025, Saudi Aramco’s CEO Amin Nasser challenged the IEA’s forecast of peak oil demand.' The IEA maintained that ...
Aramco said it expected to declare total dividends of $85.4 billion in 2025, down sharply from last year's payout of over $124 billion, which it said was, however, based on 2023 and 2024 earnings.
DUBAI, March 20 (Reuters) - Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from the atmosphere, it said on Thursday.
Also known as Saudi Aramco (SA:2222), the company reported net income for 2024 fell to $106.2 billion from $121.3 billion in 2023. Standing out in the report was Aramco's dividend payment - it ...
Aramco’s 1.5 million bpd forecast is closer to the consensus Aramco’s forecast of 1.5 million barrels per day (bpd) for global oil demand growth in 2024 aligns closely with market consensus ...
Calpers, the largest pension fund in the US, has classified more than $3 billion of holdings in oil drillers, coal miners, and other major greenhouse gas producers as “climate solutions.” ...
Dhahran: Oil giant Saudi Aramco announced Monday it has completed the acquisition of a 50 per cent stake in Saudi Arabia-based developer Blue Hydrogen Industrial Gases Company (BHIG). The company ...
(Bloomberg) -- Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving stress on its own finances. Saudi Aramco expects the ...
Aramco's 2024 profit drops over 12% to $106.2 billion Signals nearly 30% lower dividends for 2025 Average realised oil prices fell to $80.2 in 2024 Aramco plans $52-58 billion in capital ...
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