Aramco rakes in $39.5bn of profit in first quarter
Significantly higher oil prices and robust downstream margins help Saudi energy giant register an 82 per cent year-on-year increase in net income15 May 2022
Sabic first-quarter profit rises 33 per cent
The Saudi petrochemicals giant’s profit was $1.72bn in the first quarter of this year, owing to higher product prices and volumes13 May 2022
Aramco becomes world’s most valuable company
Robust oil prices this year have boosted the Saudi energy giant's earnings, while technology leader Apple’s incomes have declined13 May 2022
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