Saudi Aramco News

Saudi Aramco Unveils Major Discovery: 14 New Oil and Gas Fields Found in Eastern Province and Empty Quarter

Saudi Aramco has discovered 14 new oil and gas fields in the Eastern Province and Empty Quarter, including six oil fields and two reservoirs, plus two gas fields and four reservoir...

Aramco Reports a 12% Drop in 2024 Net Income to $106.2 Billion Amid Global Oil Demand Surge

Saudi Aramco's 2024 financials show a 12% net income drop to $106.2B, with a slight revenue decrease to $436.6B. Despite challenges, the company announced a 4.2% dividend increase,...

Aramco Reports 12% Drop in 2024 Net Income to $106.2 Billion Amid Global Oil Demand Surge

Saudi Aramco's 2024 financial results show a 12% decrease in net income to $106.2 billion, with total revenue slightly down to $436.6 billion. The company announced a 4.2% increase...

Saudi Aramco Ventures into Lithium Production to Broaden Economic Horizons Beyond Oil

Saudi Aramco is investing in lithium production as part of Saudi Arabia's strategy to diversify its economy beyond oil. The kingdom plans to establish lithium processing facilities...