Saudi Aramco profits soar by almost a third as oil prices rally

Saudi Aramco profits soar by almost a third as oil prices rally on the back of vaccine rollouts By Francesca Washtell For The Daily Mail Published: 23:41 BST, 4 May 2021 | Updated: 23:55 BST, 4 May 2021 Saudi Aramco’s profits soared by almost a third after vaccine rollouts brought hope of an economic recovery … Read more

Saudi state oil company Aramco pays £54bn dividend

Saudi state oil company Aramco pays £54bn dividend despite lockdowns and international travel bans hitting profits By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 March 2021 | Updated: 21:50 GMT, 21 March 2021 The Saudi state oil company Aramco has paid a mammoth £54billion dividend despite lockdowns and international travel bans hammering … Read more

Houthi rebels’ drone strike on Aramco site sends oil to two-year high

Drone strike on Saudi site sends oil to two-year high: Iran-backed rebels target Aramco HQ By Francesca Washtell For The Daily Mail Published: 22:17 GMT, 8 March 2021 | Updated: 22:17 GMT, 8 March 2021 Oil prices rose to their highest levels in almost two years following an attack on a huge crude facility in … Read more

Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends

Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends Saudi Aramco racked up costs of almost £27bn last year, but could cut to £20bn  The state-backed energy giant went public in December in the biggest ever float It will pay £3.2bn in dividends for … Read more