Saudi Arabia's state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. The result still represents Aramco's second-highest ever net income.

Saipem, Subsea 7 deal may lead to price hikes, EU antitrust regulators warn Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 may lead to price hikes and less innovation, EU ...

Saudi Aramco Base Oil Co. engages in the construction and operation of refineries lubricating oils. The firm also purchases, sells, transports, markets, imports, and exports lubricating oils, ...

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Energy giant Saudi Aramco (TADAWUL: 2222) posted its tenth ...

Under pressure to increase payouts to Saudi Arabia, the Kingdom’s state oil giant Aramco is considering selling up to five gas-fired power plants in deals that could raise some $4 billion, sources ...

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, in a press release today announced the ...

Halliburton (NYSE: HAL) was awarded lump sum turnkey (LSTK) contracts by Aramco in multiple onshore fields in the Kingdom of Saudi Arabia. The awards expand Halliburton’s role in the program and ...

Halliburton has been awarded lump sum turnkey (LSTK) contracts by Aramco in multiple onshore fields in the Kingdom of Saudi Arabia, as the energy giant seeks to maintain capacity targets and boost gas ...

Halliburton (HAL) said Thursday it was awarded lump-sum turnkey contracts by Aramco (ARMCO) in multiple onshore fields in Saudi Arabia, the company's second Saudi award in as many days; financial ...

The oil giant cut its dividend to balance shareholder payouts with rising capital investments amid lower crude prices and evolving market conditions. Saudi Arabian Oil, better known as Aramco, is ...