The company's net income rose 158% year-on-year in Q3 2021
Aramco’s net income for Q3 2021 rose 158% year-on-year (yoy) to $30.4 billion and the company declared a dividend of $18.8 billion to be paid in the fourth quarter. The increase in net income was primarily the result of higher crude oil prices and volumes sold and stronger refining and chemicals margins in Q3, which […]
Saudi Aramco has focused on boosts to business in the past year, including a partnership with stc to launch Dammam 7, a supercomputer among the top ten most powerful globally. The supercomputer is designed to push forth exploration and production using sophisticated imaging and deep-learning algorithms. The company is also vocal about the energy transition, […]
Saudi Aramco has focused on boosts to business in the past year, including a partnership with stc to launch Dammam 7, a supercomputer among the top ten most powerful globally. The supercomputer is designed to push forth exploration and production using sophisticated imaging and deep-learning algorithms. The company is also vocal about the energy transition, […]
Throughout the pandemic, with falling oil and gas prices and stress to go around, petrochemicals is gathering more and more attention
The Saudi oil giant reported net income of $21.7 billion for the first quarter of 2021
The company reported a net income of $49 billion for 2020
Find out who won at the 2020 Middle East Energy Awards
The pandemic has placed renewed emphasis on the urgency of the energy transition and sustainability measures
The Saudi oil giant has made increasing investments into downstream inside and outside of the kingdom
Join us on 14 December for this year’s virtual edition of the Middle East Energy Awards
