H&P is still bullish on its own prospects in Saudi Arabia as well. The company has five of its FlexRigs in the country, with ...
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Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
If something cannot go on forever, it will stop. Saudi Aramco, the world’s largest oil company, isn’t an exception — despite ...
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil ...
Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening ...
According to Aramco's statement, the company's total revenues dropped by 5% to 465 billion Saudi riyals ($123.9 billion) ...
Lower global oil prices, weaker demand and prolonged OPEC production cuts led by Saudi Arabia continue to impact crude prices ...
Oil giants on both sides of the Atlantic suffered from lower oil prices and weaker refining margins in the quarter.
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Saudi Aramco reported a 15.4% decline in Q3 earnings due to lower oil prices, but maintained its $31.1 billion dividend payout to support Saudi Arabia's Vision 2030.
(Bloomberg) -- Saudi Arabia’s oil giant Aramco kept up its $31 billion dividend to help feed state coffers, despite rising debt. The company, majority owned by the Saudi state, is maintaining ...