oil giant

Saudi Aramco Saudi Aramco, the world’s largest oil exporter, is increasing its shareholder payout as it introduces a performance-linked dividend. The total payout, including the performance-linked component, will amount to …

Shell Pakistan ISLAMABAD: Pakistan Refinery Ltd and Air Link Communication are keen to acquire a majority stake in Shell Pakistan. “We, Next Capital Limited, hereby submit a Public Announcement of …

Saudi oil giant Aramco leaves far behind Bill Gates, Jeff Bezos in earning profit. Aramco’s one-year profit is very close to the total wealth of Elon Musk (now $180 billion). …

Oil giant Saudi Aramco recently reported a 124% net profit surge for last year, hours after Yemeni rebels attacked its facilities causing a “temporary” drop in production.

Aramco’s profit was slightly above the median of economists’ estimate of $24.7 billion — Bank of America predicted $24 billion; JPMorgan estimated $23.7 billion, while Al-Rajhi Capital had the highest …