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    Saudi Aramco

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    • Sunday, 12 March, 2023
      Saudi Aramco posts record $161bn profit on back of strong crude prices

      World’s biggest oil major will increase production capacity to 13mn barrels a day

    • Thursday, 12 January, 2023
      The Big Read
      Saudi Aramco bets on being the last oil major standing

      While some western energy companies prepare for a future less reliant on fossil fuels, the world’s biggest supplier is doubling down

    • Thursday, 17 November, 2022
      Saudi Arabia
      Saudi Aramco leads Riyadh’s $30bn investment push into South Korea

      Deals announced by Saudi Arabia as Crown Prince Mohammed bin Salman visits Seoul

    • Monday, 14 November, 2022
      COP27
      Fossil fuel producers flex their muscle at UN climate summit

      Campaigners question legitimacy of having oil and gas companies participate in official programme

    • Tuesday, 1 November, 2022
      Oil & Gas industry
      Bumper profits raise pressure on oil majors

      Saudi Aramco makes $42.4bn quarterly profits as BP steps up share buybacks

    • Monday, 24 October, 2022
      Saudi Aramco exec spent week in Indian jail for having satellite phone

      Head of investor relations at the largest oil company broke rules introduced after Mumbai terror attack

    • Friday, 14 October, 2022
      Sport
      Saudi Aramco cricket deal marks kingdom’s latest move into sport

      Sponsorship agreement comes days after tie-up between Shell and British Cycling

    • Tuesday, 4 October, 2022
      Saudi Aramco chief sounds alarm over global oil capacity

      Head of world’s biggest producer says ‘world should be worried’ about supply limitations

    • Monday, 15 August, 2022
      Lex
      Saudi Aramco: vast scale of NOCs diminishes supermajors to bit players Premium content

      Profits of Riyadh-listed group and other national oil companies matter to the fate of the planet

    • Monday, 15 August, 2022
      FT News Briefing podcast8 min listen
      Will oil prices keep falling?

      Saudi Arabia renews $3bn deposit to Pakistan

    • Sunday, 14 August, 2022
      Saudi Aramco hits fresh profit record as high energy prices deliver windfall

      State-owned oil group records 90% year-on-year increase in net income in second quarter

    • Monday, 1 August, 2022
      Saudi Aramco to buy Valvoline’s products arm for $2.65bn

      World’s biggest oil producer says deal will help it expand its downstream activities

    • Monday, 23 May, 2022
      InterviewAmin Nasser
      Energy shock shows need to rethink green transition, Aramco chief says

      Amin Nasser tells FT the west needs to continue investing in oil and gas until renewables can address disruptions

    • Tuesday, 17 May, 2022
      Lex
      Saudi Aramco: crude colossus takes the crown Premium content

      Demand for the 2.5% of shares owned by foreign investors has risen with Russia’s pariah status

    • Sunday, 15 May, 2022
      Saudi Aramco profits surge 82% in first quarter

      Soaring energy prices boost oil exporter, which recently overtook Apple as world’s most valuable company

    • Wednesday, 11 May, 2022
      Saudi Aramco overtakes Apple as world’s most valuable company

      Rallying oil prices lift state-backed energy group while tech stock sell-off hits iPhone maker

    • Friday, 1 April, 2022
      Yemen
      Yemen’s warring sides agree two-month truce, says UN envoy

      Terms will allow fuel into Houthi-controlled port and flights from capital in first mutual ceasefire since 2016

    • Sunday, 20 March, 2022
      Saudi Aramco to boost oil production spending to help meet rise in demand

      Net income at energy group doubles to $110bn as a result of higher crude prices

    • Monday, 14 February, 2022
      LexClariant AG
      Clariant/Saudi Aramco: whistleblowers rock Swiss chemicals group Premium content

      Delayed results and a pending investigation into accounting irregularities have hit the company’s share price

    • Sunday, 13 February, 2022
      Saudi government transfers 4% Aramco stake to sovereign wealth fund

      Injection worth about $80bn comes as PIF plans to raise public debt

    • Wednesday, 12 January, 2022
      LexOil & Gas industry
      Oil and gas capex: investment in fossil fuels is far from fossilised Premium content

      Private oil groups will want to maximise income from existing portfolios, hence continued spending beyond the state-owned sector

    • Tuesday, 7 December, 2021
      Lex
      Saudi Aramco/BlackRock: pipeline deal shows kingdom is open to FDI Premium content

      Sale of $15.5bn stake in gas network to consortium led by US asset manager suggests green compromises are being made

    • Monday, 6 December, 2021
      Saudi Aramco warns of ‘social unrest’ if fossil fuels ditched too quickly

      Chief executive Amin Nasser says leaders must still invest in oil and gas to stave off soaring inflation

    • Monday, 22 November, 2021
      Reliance Industries Ltd
      Reliance shares hit after $15bn refinery sale to Saudi Aramco is scrapped

      Mukesh Ambani-controlled group had appointed head of Saudi sovereign wealth fund to its board

    • Sunday, 31 October, 2021
      Saudi Aramco profits hit post-listing high as global oil demand rebounds

      World’s biggest oil exporter maintains dividend at $18.8bn despite generating free cash flow of $28.7bn

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