MoUs and agreements with a potential value approximately worth $90 billion MoUs and agreements aim to further advance Aramco’s long-term strategy, maximize shareholder value, and build on longstanding ...

Agreement lays groundwork for major growth in petrochemicals investment Engineering studies underway for new, fully-integrated petrochemical complex at Yasref refinery in Yanbu Planned expansion would ...

Partnership aims to accelerate industrial carbon reduction and encourage growth of the hydrogen economy Aramco, one of the world’s leading integrated energy and chemicals companies, and Air Products ...

Pilot plant established with Siemens Energy assessing commercial scale-up of emissions-reduction technologies Aramco, one of the world’s leading integrated energy and chemicals companies, has launched ...

Aramco to extend brand, retail offerings and Valvoline-branded lubricants to select retail stations in the Philippines Transaction represents further progress in the strategic expansion of Aramco’s ...

Collaboration harnesses Aramco’s extensive geoscience data, digital capabilities, and subsurface knowledge and Ma’aden’s decades of mining expertise Aramco identifies promising lithium concentrations ...

Net income: $106.2 billion (2023: $121.3 billion) Cash flow from operating activities: $135.7 billion (2023: $143.4 billion) Free cash flow 1: $85.3 billion (2023: $101.2 billion) Gearing ratio 1: 4.5 ...

Aramco to acquire additional Petro Rabigh shares from Sumitomo Chemical Companies agree mechanism to improve Petro Rabigh’s financial position and facilitate turnaround strategy Aramco, one of the ...

Aramco and Air Products Qudra join forces to develop lower-carbon hydrogen production business Companies agree shared ownership of Jubail firm, with plans to supply hydrogen through a pipeline network ...

Phase two of ambitious Jafurah gas development commences with award of contracts worth around $12.4bn Contracts worth around $8.8bn awarded for phase three expansion of Company’s Master Gas System 23 ...

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 ...

In 2018, Yanbu Refinery kicked off a strategic 5-year digital transformation plan By harnessing Fourth Industrial Revolution (4IR) technology, the refinery improved its production capacity, increased ...