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DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...
Saudi Aramco, long known for stable payouts, slashed its dividend by 30%, signaling financial strain and shifting priorities. Since its 2019 IPO, Aramco has significantly underperformed both ...
FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021. (AP Photo/Amr Nabil ...