1. Saudi Aramco’s quarterly earnings rise nearly a third  Financial Times
  2. Saudi Aramcos first-quarter profits up by 30% amid higher crude oil prices  Business Standard
  3. Saudi Aramco Beats Q1 Profit Forecast, Keeps Dividend as Oil Rebounds  FX Empire
  4. Start-up of the week: Samar Allarakia - Creating art to wear  Arab News
  5. Saudi Aramco Q1 profit rose 30% on stronger oil market  Economic Times
  6. View Full coverage on Google News
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DUBAI (Reuters) -Saudi Arabian state oil producer Aramco on Tuesday beat analysts' forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.DUBAI (Reuters) -Saudi Arabian state oil producer Aramco on Tuesday beat analysts' forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.

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Read more about Saudi Aramco's first-quarter profits up by 30% amid higher crude oil prices on Business Standard. Aramco is more than 98 per cent owned by the Saudi governmentAramco is more than 98 per cent owned by the Saudi government

Saudi Aramco's first-quarter profits up by 30% amid higher crude oil prices | Business Standard News

Net income rose to $21.7 billion for the quarter to March 31 from $16.7 billion a year earlier.Net income rose to $21.7 billion for the quarter to March 31 from $16.7 billion a year earlier.

Saudi Aramco Q1 profit rose 30% on stronger oil market - The Economic Times

RIYADH: Arabian Drilling Co., a Saudi oilfield-services company partly held by Schlumberger , is preparing an initial public offering (IPO) that could give it a valuation of around $2 billion, according to people familiar with the matter, Bloomberg reported. Arabian Drilling, also owned by Saudi Arabia’s Industrialization & Energy Services Company (Taqa), has asked banks toRIYADH: Arabian Drilling Co., a Saudi oilfield-services company partly held by Schlumberger , is preparing an initial public offering (IPO) that could give it a valuation of around $2 billion,

Schlumberger-backed Arabian Drilling plans for Saudi IPO | Arab News

Saudi Aramco said Tuesday that profit rose in the first quarter of the year, driven by higher oil prices and an improved economic environment. The Saudi...Saudi Aramco said Tuesday that profit rose in the first quarter of the year, driven by higher oil prices and an improved economic environment. The Saudi...

Saudi Aramco profit boosted by higher crude prices - MarketWatch

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State-run oil producer Saudi Aramco (2222.SE) beat analysts' forecasts on Tuesday with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.State-run oil producer Saudi Aramco (2222.SE) beat analysts' forecasts on Tuesday with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.

Saudi Aramco beats quarterly profit forecast, maintains dividend | Reuters

The Saudi government is in advanced talks with several Chinese entities to sell a 1 per cent stake in its flagship company, and this marks a decisive move away from the core deal it has with the U.S.The Saudi government is in advanced talks with several Chinese entities to sell a 1 per cent stake in its flagship company, and this marks a decisive move away from the core deal it has with the U.S.

The Wider Ramifications Of A China-Aramco Deal | OilPrice.com

Net profit reaches $21.7bn as developed economies recover from Covid-19 and energy demand picks upNet profit reaches $21.7bn as developed economies recover from Covid-19 and energy demand picks up

Aramco's Q1 net profit surges 30% on higher oil prices | The National

Oil giant's results will bring a lot of cheer to government, investors after volatile 2020Oil giant's results will bring a lot of cheer to government, investors after volatile 2020

Saudi Aramco's Q1-2021 profits are up a robust 30% to $21.7b | Energy – Gulf News

Oil giant's results will bring a lot of cheer to government, investors after volatile 2020Oil giant's results will bring a lot of cheer to government, investors after volatile 2020

Saudi Aramco's Q1-2021 profits are up a robust 30% to $21.7b | Energy – Gulf News

(Bloomberg) -- Arabian Drilling Co., a Saudi oilfield-services company partly held by Schlumberger NV, is preparing an initial public offering that could give it a valuation of around $2 billion, according to people familiar with the matter.The firm, also owned by Saudi Arabia’s Industrialization & Energy Services Company, known as Taqa, has asked banks to pitch for a role on the potential share sale, the people said, asking not to be identified as the information is private.Arabian Drilling may complete a deal on Riyadh’s stock exchange before the end of the year, they said. No decisions have been finalized and the owners may decide against an IPO, the people said.The company was founded in 1964 and counts Saudi Aramco, the kingdom’s state energy producer, among its main customers. Taqa owns 51% and Schlumberger the rest.Arabian Drilling didn’t respond to requests to comment.Hot MarketThe discussions about a deal come as Aramco and other national oil firms in the Middle East step up plans to raise billions of dollars from foreign investors, including through asset sales and IPOs. Abu Dhabi National Oil Co. is considering a listing of its drilling business, which could raise more than $1 billion.Riyadh has been the busiest IPO market in the Middle East over the past two years. That trend looks set to continue with a fresh wave of offerings planned, thanks in part to the country’s economic recovery following last year’s coronavirus lockdowns and crash in oil prices.Saudi Basic Industries Corp. is aiming to list its specialty chemicals business, and Saudi Telecom Co. may sell a stake in its internet-services unit. The company running the stock exchange, Saudi Tadawul Group, is also planning an IPO later this year.(Updates with company ownership)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.(Bloomberg) -- Arabian Drilling Co., a Saudi oilfield-services company partly held by Schlumberger NV, is preparing an initial public offering that could give it a valuation of around $2 billion, according to people familiar with the matter.The firm, also owned by Saudi Arabia’s Industrialization & Energy Services Company, known as Taqa, has asked banks to pitch for a role on the potential share sale, the people said, asking not to be identified as the information is private.Arabian Drilling may complete a deal on Riyadh’s stock exchange before the end of the year, they said. No decisions have been finalized and the owners may decide against an IPO, the people said.The company was founded in 1964 and counts Saudi Aramco, the kingdom’s state energy producer, among its main customers. Taqa owns 51% and Schlumberger the rest.Arabian Drilling didn’t respond to requests to comment.Hot MarketThe discussions about a deal come as Aramco and other national oil firms in the Middle East step up plans to raise billions of dollars from foreign investors, including through asset sales and IPOs. Abu Dhabi National Oil Co. is considering a listing of its drilling business, which could raise more than $1 billion.Riyadh has been the busiest IPO market in the Middle East over the past two years. That trend looks set to continue with a fresh wave of offerings planned, thanks in part to the country’s economic recovery following last year’s coronavirus lockdowns and crash in oil prices.Saudi Basic Industries Corp. is aiming to list its specialty chemicals business, and Saudi Telecom Co. may sell a stake in its internet-services unit. The company running the stock exchange, Saudi Tadawul Group, is also planning an IPO later this year.(Updates with company ownership)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Schlumberger-Backed Arabian Drilling Planning Saudi IPO

Sources at five Asian refiners expected the June OSP for flagship Arab Light crude to decrease by an average of 28 cents a barrel, which would become ..Sources at five Asian refiners expected the June OSP for flagship Arab Light crude to decrease by an average of 28 cents a barrel, which would become ..

Saudi Aramco: Saudi Arabia expected to cut June crude prices for Asia - survey, Energy News, ET EnergyWorld

DUBAI, United Arab Emirates - Saudi Aramco said Tuesday its profits soared by 30% in the first-quarter of the year, compared to last year, riding on t...DUBAI, United Arab Emirates - Saudi Aramco said Tuesday its profits soared by 30% in the first-quarter of the year, compared to last year, riding on t...

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Saudi Aramco’s profits soared by 30 per cent for the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices, Saudi Aramco’s profits soared by 30 per cent for the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices, the oil company said Tuesday. The company’s financial results show a net income of $21.7 billion for the first three months of the year, compared to the same period in 2020 when Aramco’s earnings plunged to $16.7 billion as the early effects of the coronavirus pandemic were beginning to dramatically drive down global demand for oil, reports the Associated Press. Aramco said the increase in profits primarily reflects the impact of higher crude oil prices brought on by increased global demand for crude amid ongoing vaccination programmes and the reopening of the economy in several countries. The company also confirmed it would deliver on a promised dividend payout of $18.75 billion for its shareholders. Aramco is more than 98 per cent owned by the Saudi government, with 1.7 per cent traded on the Saudi stock exchange.

Saudi oil firm Aramco’s first-quarter profits soar by 30pc

Aramco said the increase in profits primarily reflects the impact of higher crude oil prices brought on by increased global demand for crude.Aramco said the increase in profits primarily reflects the impact of higher crude oil prices brought on by increased global demand for crude.

Saudi oil firm Aramco’s first-quarter profits up by 30% | Northwich Guardian

Saudi Aramco’s profits have soared by 30% in the first-quarter of the year, compared to last year, riding on the back of higher crude oil pricesSaudi Aramco’s profits have soared by 30% in the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices

Saudi oil firm Aramco's first-quarter profits up by 30% United Arab Emirates Brent Mohammed bin Salman China Dubai | The Independent