Por: MarketWatch Business April 16, 2023
“The transfer will also solidify PIF’s strong financial position and credit rating,” the statement about the deal said. It gave no possible investment targets for either Sanabil or the PIF. Saudi Aramco , formally known as the Saudi Arabian Oil Co., acknowledged the shares going to Sanabil. It said the Saudi government remains the oil firm’s biggest shareholder, with over 90% of its stock. “This is a private transfer between the state... + full article
ABC News USA Business May 09, 2023
DUBAI, United Arab Emirates -- Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns. The firm known formally as the n Oil Co. blamed the drop... + más
Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B | ABC News
Oil giant Saudi Aramco announces record profit of $161B in 2022 | Fox Business
ABC News USA World May 09, 2023
ABC News USA Business April 16, 2023
DUBAI, United Arab Emirates -- Saudi Arabia's crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom's sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond... + más
Saudi Aramco to invest billions in Chinese petrochemicals | ABC News
Associated Press USA Business April 16, 2023
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond... + más
Saudi prince gives 4% Aramco stake to public investment firm | ABC News
ABC News USA Business March 27, 2023
RIYADH, Saudi Arabia -- Saudi Arabia's state-owned oil giant Aramco will invest billions of dollars in 's downstream petrochemicals industry, including the construction of a new refinery, the company said in deals announced Sunday and Monday.The announcements came as... + más
Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In for Oil Giants | The New York Times
Fox Business USA Business March 12, 2023
Hightower Resource Advisors CEO Tracy Shuchart provides insight on the stock market and the influence of China on 'Making Money.' Global announced Sunday it earned a record-high profit of $161.1 billion during 2022, attributing its massive jump in earrings to higher... + más
Oil giant Saudi Aramco makes a historic $161B profit in 2022 | ABC News
The New York Times USA Business November 01, 2022
Saudi Aramco, the world’s largest oil company, said on Tuesday that it had earned $42.4 billion in net income in the third quarter. The figure was more than double the nearly $20 billion that Exxon Mobil earned for the period.It also enabled Saudi Aramco, which is... + más
Oil giant Saudi Aramco has $42.4B profit in third quarter | Associated Press
Fact Check: Did Trump admin sell largest U.S. oil refinery to Saudi Arabia? | Newsweek
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