Search results
Results from the WOW.Com Content Network
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. In an ...
A major reason for the high cost of housing is the high cost of land. In urban areas, the price of land has been bid up because nearly all of it is owned by the Saudi elite (members of the royal family or other wealthy Saudis), who have lobbied the government for land "giveaways". [148] Landlords have seen prices rocket by 50% from 2011 to 2013 ...
Saudi oil giant Aramco reported half-year profits Tuesday of $56.3 billion, down from the year before amid worries about a slowing global economy. Aramco, formally known as the Saudi Arabian Oil ...
QatarEnergy (Arabic: قطر للطاقة), formerly Qatar Petroleum (QP), [1] is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage.
Also, in February 2020, Aramco initiated a plan to invest $110 billion to develop gas reserves in Al-Jafurah field, Al-Ahsa Governorate, to start production by 2024 to 2036 when fully developed, which is expected to hold 5.7 trillion m 3 (200 trillion cu ft) of wet gas, 21,000 cubic metres (130,000 bbl) per day of ethane and 79,000 cubic metres ...
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues. Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $111.1 billion over the quarter, the company said in a filing on Riyadh's ...
Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices. The results still marked the company's second highest ever ...
Get breaking news and the latest headlines on business, entertainment, politics, world news, tech, sports, videos and much more from AOL