News

What is the circular carbon economy? Most economies discard a significant amount of materials as waste after their initial use. The circular economic system is built around the re-use of these ...
Aramco has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited (“HORSE”) valuing the target at €7.4 billion enterprise value. Renault Group and Geely each retain ...
Second-highest ever net income, total dividends paid rises 30% year-on-year Second highest ever net income of $121.3 billion (2022: $161.1 billion) Total dividends of $97.8 billion paid in 2023, up 30 ...
Transaction marks one of the world’s largest energy infrastructure deals and Aramco’s second major pipeline transaction of 2021 $15.5 billion in sale proceeds to be generated for Aramco upon ...
Aramco, one of the world’s leading integrated energy and chemicals companies, has entered into discussions with Hengli Group Co., Ltd. (“Hengli Group”) regarding the potential acquisition of a 10% ...
Flying high: how drones are optimizing Aramco’s operations We are finding new ways of using drones to help improve the safety, efficiency, and environmental performance of our operations.
One of the world’s largest energy infrastructure deals Newly-formed entity, Aramco Oil Pipelines Company, to lease usage rights of Aramco’s stabilized crude oil pipeline network over 25-year period ...
Aramco targets value creation opportunities in sustainability, technology, industrial and energy services, and advanced materials Program aims to drive economic growth and diversification in Saudi ...
The Saudi Arabian Oil Company (“Aramco” or “the Company”) today published its first sustainability report, which outlines ways in which the Company plans to further tackle emissions while delivering ...
Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of a major integrated refinery and petrochemical complex in northeast China.
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum ...
A significant step towards a sustainable hydrogen usage and a circular carbon economy 40 tons of high-grade blue ammonia already dispatched for use in zero-carbon power generation, a successful ...