Tag: Saudi Aramco

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Aramco affirms support for China’s energy secrutiy

Saudi Arabian oil giant Aramco affirmed on Sunday its support for China's long-term energy security and development, the company's CEO Amin Nasser said in...

Saudi Aramco reports record profit of $161.1 billion in 2022

Saudi Arabian oil giant Aramco (2222.SE) on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the previous year on...

Saudi Aramco to pump $7 billion into biggest petchem investment in South Korea

Saudi Aramco (2222.SE) plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products,...

Saudi Aramco posts second-highest profit on oil price surge

Saudi Aramco reported its second-highest earnings thanks to a surge in oil and gas prices, though its refining and chemicals business was hit by...

Saudi Aramco launches $1.5 bln fund, says energy transition plan flawed

Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi officials said the switch...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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