Luberef’s net profits hit SAR 745.53 million in the first nine months (9M) of 2025, while the revenues amounted to SAR 6.53 ...

Luberef, a refining unit of Saudi oil giant Aramco has hired major international banks to manage its imminent initial public offering on the Saudi stock market that could raise around $1 billion, ...

Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of "lower crude oil prices and weakening refining margins," but maintained a 31.05 billion dividend.

DUBAI: Most Gulf stock markets closed higher on Sunday following a positive early turn in the talks between the United States ...

Aramco's 2024 profits declined due to lower oil prices and production cuts, resulting in a significant decrease in dividends for 2025. The reduced dividends will strain Saudi Arabia's finances, as the ...

Saudi Aramco and Commonwealth LNG sign long-term supply deal Saudi Aramco and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter ...

Aramco declared total dividends for the third quarter of $31.1 billion, maintaining this year's increased base dividend of $20.3 billion even as debt deepened and oil prices fell. Image by alberto ...

Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive Read ...

Saudi Aramco has long been the world’s biggest oil company, but this year it gained the distinction of having the worst-performing shares among its peers. While Western oil majors saw a rebound in ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The world’s top crude oil exporter, Saudi Aramco, reported on Tuesday a 20% ...