Tag:
Aramco
Energy News
Aramco awards over $25 bn in contracts for strategic gas expansion
Aramco has announced the awarding of contracts exceeding $25 billion as part of its strategic plan to expand gas production by over 60 percent...
Energy News
Aramco signs 20-year LNG purchase deal with NextDecade
Aramco has signed a non-binding Heads of Agreement (HoA) with NextDecade Corporation to buy LNG from the US-based company.
Aramco, as part of the 20-year liquefied...
Energy News
Saudi Arabia to Raise Over $11.2 bn in Aramco Share Sale
Saudi Arabia is set to raise more than $11.2 billion by selling shares in its oil giant Aramco, after pricing the stock at the...
Energy News
Aramco records 14% drop in Q1 net income in first-quarter
Saudi Aramco, the energy giant, revealed a 14 percent decrease in its first-quarter net income to $27.3 billion, compared to $31.9 billion recorded in...
Energy News
Aramco Explores Strategic Investment in Hengli Petrochemical
Aramco, a leader in integrated energy and chemicals, has initiated talks with Hengli Group for buying 10 percent stake in Hengli Petrochemical.
The proposed deal,...
Energy News
Aramco Awards $7.7 bn EPC Contracts for Fadhili Gas Plant Expansion
Aramco has announced the engineering, procurement, and construction (EPC) contracts worth $7.7 billion for the expansion of Fadhili Gas Plant situated in the Eastern...
Energy News
Aramco Reports Second-Highest Net Income Despite Economic Challenges
Aramco, the Saudi Arabian oil giant, announced its financial results for the year 2023, revealing a net income of $121.3 billion.
While this marks a...
Energy News
Aramco Boosts Reserves at Jafurah Unconventional Field
Aramco, a leader in integrated energy and chemicals, has announced a substantial increase in proven gas and condensate reserves at the Jafurah unconventional field...