Aramco, Saudi Vision 2030 and oil prices

Low energy prices sting Aramco profits and squeeze Saudi development plans
Saudi Arabia's state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze the kingdom's multi-trillion-dollar development plans.
Saudi Aramco profits drop 12 percent on lower prices, volumes
Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom's ambitious economic reform plans.The world's biggest crude exporter said profits were down more than 12 percent to $106.
Saudi Aramco Slashes Dividend as Profit Dips on Lower Oil Prices
Aramco reported a drop in 2024 profits and announced a 30% reduction in total dividends for 2025, impacting Saudi Arabia's finances.
Saudi Aramco Cuts Dividend 30% as Oil Profits Plunge
Oil giant Saudi Aramco, which is majority owned by the Saudi Arabia government, has announced that it is cutting its dividend payout this year
Aramco's Profit Squeeze: Lower Oil Prices Impact Saudi Development
Saudi Arabia's Aramco reported a $106.25 billion profit in 2024, a 12% drop from the previous year due to lower energy prices. This impacts the kingdom's development plans, including the $500 billion NEOM project.
Saudi Oil Giant Aramco Reports $106 Billion Profit in 2024, Down 12% on Lower Energy Prices
Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices
Alert: Saudi Arabian oil giant Aramco reports a $106.25 billion profit in 2024, down 12% from prior year on lower energy prices
Saudi Arabian oil giant Aramco reports a $106.25 billion profit in 2024, down 12% from prior year on lower energy prices. Got a question? Put a reporter on it. Ever think of a question that you wish someone would answer?
Aramco Trims World’s Biggest Payout in Blow to Saudi Budget
Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving ...
Middle Eastern bourses end mixed, Aramco drags Saudi
Stock markets in the Gulf ended mixed on Tuesday as new U.S. tariffs threatened to escalate global trade tensions, while ...
Upstream14h
Saudi Aramco targets up to $58 billion capital investment in 2025 despite 12.5% decline in net income
Saudi state giant continues to make progress on projects to maintain its maximum sustainable crude oil capacity, expand its ...
اخبار 2413d
Saudi Arabian Oil Co.
Q2 at SAR 106.2B 6 M 2024 Aramco’s Q1 2024 net profit drops 12% to SAR 103.4B 3 M 2024 Saudi Aramco profit dips 24% to SAR 452.8B in 2023; Q4 at SAR 102.9B 12 M 2023 ...
Most Gulf markets in red on global trade war fears, Aramco weighs on Saudi
Most stock markets in the Gulf fell in early trade on Tuesday as new U.S. tariffs threatened to escalate global trade ...
Upstream21h
Landmark project: Contracting heavyweight poised to win huge Saudi Aramco CCS deal
Project comprises the first phase of Aramco’s accelerated CCS development at Jubail, which is likely to have capacity of 9 ...
The New York Times12d
What to Know About the Saudi Crown Prince’s Role in Global Diplomacy
It included increasing the number of Saudis in private employment, including women; soliciting foreign investment; and selling shares of Saudi Aramco, the state oil monopoly, to raise capital to ...
Aramco signals sharply lower dividends as special payout shrinks
Saudi oil giant Aramco signalled on Tuesday it will slash its dividend payouts by nearly a third this year, meaning fewer ...