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War on Gaza
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War on Gaza
11/7/2023 11:16:47 AM
Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter, the result of lower oil prices and production cuts.
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Business
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Energy
9/28/2023 2:59:05 PM
Saudi Aramco on Thursday announced its first global investment in liquefied natural gas, part of a broader bid by the energy giant to expand beyond oil.
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Business
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Energy
8/7/2023 8:21:47 PM
Saudi state-run oil giant Aramco on Monday reported $30 billion in second quarter profit, a nearly 40% decline from the same period the previous year that it attributed to lower oil prices.
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Business
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Markets & Companies
6/24/2023 3:58:38 PM
Saudi Aramco and France's TotalEnergies on Saturday signed contracts to start building an $11-billion petrochemicals facility in the Gulf kingdom, the two companies said.
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Business
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Markets & Companies
5/9/2023 10:13:31 AM
Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.
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Business
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Economy
4/16/2023 12:35:08 PM
Saudi Arabia has put a second four-percent chunk of shares of the Aramco oil giant, worth tens of billions of dollars, under the control of the country's sovereign wealth fund, state media said Sunday.
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Business
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Markets & Companies
3/27/2023 9:12:21 PM
Saudi Arabia's state-owned oil giant Aramco will invest billions of dollars in China's downstream petrochemicals industry, including the construction of a new refinery, the company said in deals announced Sunday and Monday.
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Business
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Energy
3/15/2023 9:41:26 AM
Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from the United States for refusing to ramp up production to keep oil prices down as Russia continues to mount its offensive in Ukraine.
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Business
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Economy
3/12/2023 11:24:40 AM
Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world's biggest crude exporter.
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Business
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Energy
1/30/2023 9:26:39 PM
Saudi Arabia plans to invest more than $266 billion to produce cleaner electricity and expand its power grid, the kingdom's energy minister said Monday.
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Business
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Markets & Companies
11/1/2022 12:35:59 PM
Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, buoyed by the higher global energy prices that have filled the kingdom's coffers but helped fuel inflation worldwide.
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COP27
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Focus
10/26/2022 9:03:10 PM
Saudi oil and gas company Aramco unveiled a $1.5 billion fund on Wednesday for sustainable investments, part of efforts to burnish the state-owned company's green credentials in an announcement ahead of the U.N. climate conference next month in Egypt.
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Business
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Markets & Companies
8/14/2022 4:49:00 PM
Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.
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World
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Region
3/26/2022 10:29:00 AM
A raging fire erupted Friday at an oil depot in the Saudi city of Jiddah ahead of an F1 race there, according to witnesses and video footage, with Yemen's Houthis rebels acknowledging they had launched a series of attacks on the kingdom.
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Business
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Economy
3/3/2022 3:16:01 PM
Saudi energy giant Aramco's shares hit a record high for a second straight day on Thursday, as global oil prices surged after Russia's invasion of Ukraine.
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World
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Region
2/13/2022 10:19:38 AM
Energy-giant Saudi Aramco on Sunday said it had transferred four percent of its shares to the kingdom's Public Investment Fund, the state news agency SPA reported.
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World
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Region
8/9/2021 3:10:12 PM
This puts Aramco back squarely where it was before the pandemic struck and sunk earnings to $23.3 billion in the first six months of 2020
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Business
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Region
6/17/2021 4:48:57 PM
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Business
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Economy
4/28/2021 12:05:29 AM
The prince neither named the company nor the country
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Business
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Economy
3/31/2021 2:53:29 PM
'This is a voluntary programme. It's on the private sector to bring these projects, to ask for incentives,' Aramco Chief Executive Amin Nasser told Reuters in an interview about Shareek
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