Saudi Aramco has lost around $800bn of its market value since its peak in 2022, a drop of nearly 40 percent. On Tuesday, the ...

In its second-quarter breakdown, the Saudi Arabian Oil Company said it earned $22.7 billion in net profit. The firm also ...

Exxon Stock Slips After Earnings. The CEO Might Have Spooked Investors. Second-quarter earnings of $1.64 a share at the oil giant top analysts' estimates. The solar energy company posted ...

Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess.

Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it ...

In the second quarter (Q2) of 2025, Luberef witnessed an annual drop of 17.95% in net profit to SAR 245.19 million, compared to SAR 298.84 million. The revenues plunged by 17.57% YoY to SAR 2.24 ...

In the period from April to June, revenues from sales and other related sources amounted to 407.14 billion riyals, which is ...

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Riyadh: Saudi Aramco has maintained substantial dividend payouts to shareholders, affirming its commitment to rewarding investors even during turbulent times and despite a decline in global oil prices ...

Officials in the southern Mexico state of Oaxaca accused sportswear giant Adidas of cultural appropriation after the fashion ...

An Italian media group majority-owned by late leader Silvio Berlusconi's family moved closer to taking over a German ...