The deal comes as Aramco … DUBAI, United Arab Emirates — Saudi Aramco's net profit fell 44.6% in the third quarter of 2020 compared to the same period last year, reflecting continued damage to … Saudi Aramco profit of $49 billion in 2020 is down from $88.2 billion in 2019 and $111.1 billion in 2018. It The earnings of Saudi Arabia’s giant oil company have long been a mystery, kept under wraps by the country’s government. Still, Aramco … Still, Aramco remains one of the world’s most valuable companies. RIYADH, April 10 — Energy giant Saudi Aramco said it has struck a 12.4-billion-dollar (RM51.2 billion) deal to sell a minority stake in a newly formed oil pipeline business to a consortium led by US-based EIG Global Energy Partners. In December 2019, Saudi Aramco made its much-anticipated debut on the Saudi Stock Exchange, becoming the world’s largest initial public offering on record. Saudi Arabia has stopped disclosing projected revenue from oil following the listing of Aramco, as doing so could give clues about the state energy giant’s dividend plans. Energy giant Saudi Aramco said it has struck a 12.4-billion-dollar deal to sell a minority stake in a newly formed oil pipeline business to a consortium led by US-based EIG Global Energy Partners. Still, Aramco remains one of the world’s most valuable companies. Saudi Aramco profit of $49 billion in 2020 is down from $88.2 billion in 2019 and $111.1 billion in 2018. Saudi Aramco, Saudi Arabia's behemoth state oil firm, reported net income of $49 billion in 2020, down from $88.19 billion in 2019. Still, Aramco remains one of the world's most valuable companies. Saudi Aramco profit of $49 billion in 2020 is down from $88.2 billion in 2019 and $111.1 billion in 2018. Still, Aramco remains one of the world’s most valuable companies. Energy giant Saudi Aramco said it has struck a 12.4-billion-dollar deal to sell a minority stake in a newly formed oil pipeline business to a consortium led by US-based EIG Global Energy Partners. Saudi Aramco profit of $49 billion in 2020 is down from $88.2 billion in 2019 and $111.1 billion in 2018.
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