Aramco

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Former U.S. Vice President Al Gore speaks during a session at the COP27 U.N. Climate Summit, Wednesday, Nov. 9, 2022, in Sharm el-Sheikh, Egypt. (AP Photo/Peter Dejong)

Gore announces fossil fuel emissions inventory at UN summit

By Samy Magdy - Associated Press

FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021. Saudi oil company Aramco’s half-year profits peaked just shy of $88 billion for the first half of the year as oil prices remain high globally. The oil and gas company, which is nearly entirely state-owned, said Sunday, Aug. 14, 2022, it also saw a 90% surge in net profits for the second quarter of 2022 compared to the same time last year. (AP Photo/Amr Nabil, File)

High oil prices help Saudi Aramco earn $88B in first half

By Aya Batrawy - Associated Press

FILE- In this Dec. 12, 2019, file photo, a trader talks to others in front of a screen displaying Saudi stock market values at the Arab National Bank in Riyadh, Saudi Arabia. Saudi Aramco said Tuesday, May 4, 2021, it's profits soared by 30% for the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices as some of the world's biggest economies claw their way out of recession and ease restrictions amid vaccine roll-outs against COVID-19.(AP Photo/Amr Nabil, File)

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

By AYA BATRAWY - Associated Press

FILE - In this Dec. 11, 2019, file photo, Saudi Arabia's state-owned oil company Aramco and stock market officials celebrate the debut of Aramco's initial public offering on the Riyadh Stock Market, in Riyadh, Saudi Arabia. Aramco paid the Saudi government 30% less in taxes in 2020, the company reported Monday, March 22, 2021, as the region’s largest economy grapples with the pressures of the coronavirus pandemic and low oil prices. Despite Aramco’s steep losses, the company managed to keep its dividend pledge to shareholders by taking on a ballooning amount of debt. (AP Photo/Amr Nabil, File)

Saudi oil giant Aramco reports 30% drop in payments to state

By ISABEL DEBRE - Associated Press

In this Sept. 20, 2019, file photo, engineers walk in front of an oil separator at a Saudi Aramco processing facility in Abqaiq, Saudi Arabia. Saudi Arabia's state-backed oil giant Aramco announced Sunday, March 21, 2021, that its 2020 profits fell sharply in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets. (AP Photo/Amr Nabil, File)

Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

By ISABEL DEBRE - Associated Press

FILE - In this Wednesday, April 8, 2020, file photo, the sun sets behind an idle pump jack near Karnes City, USA. Oil prices pressed higher Monday, March 8, 2021, after strikes on major oil facilities in Saudi Arabia, the world’s largest oil exporter, shook energy markets. (AP Photo/Eric Gay, File)

Attack on Saudi oil site fuels upward march for crude prices

By CATHY BUSSEWITZ and ELAINE KURTENBACH - Associated Press

FILE - In this Dec. 11, 1973, file photo, Ahmed Zaki Yamani, the Saudi Arabian oil minister is pictured at a press conference at the Waldorf Astoria in New York. Yamani, a long-serving oil minister in Saudi Arabia who led the kingdom through the 1973 oil crisis, the nationalization its state energy company and later found himself kidnapped by the assassin Carlos the Jackal, died Tuesday, Feb. 23, 2021, in London. He was 90. (AP Photo/Harry Harris, File)

Long-serving Saudi oil minister Ahmed Zaki Yamani dies at 90

By JON GAMBRELL - Associated Press

Saudi golf Ladies European Tour kicks off with prize of $1M

By AYA BATRAWY - Associated Press

FILE - In this Dec. 11, 2019, file photo, Saudi Arabia's state-owned oil company Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia. Saudi Arabia's oil and gas giant Aramco announced Tuesday, Nov. 3, 2020, third quarter profits of nearly $12 billion, a significantly higher net income from its dramatically lower second quarter earnings. (AP Photo/Amr Nabil, File)

Aramco earnings up in Q3, but still far less than last year

By AYA BATRAWY - Associated Press

In this Dec. 11, 2019, file photo, Saudi Arabia's state-owned oil company Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia. On April 2, 2020, President Trump said the Saudi government had assured him it was cutting back on oil production. News of the agreement gave a boost to oil prices and the stock market. (AP Photo/Amr Nabil, File) **FILE**

Saudi Aramco to boost capacity; Abu Dhabi to increase supply

By AYA BATRAWY - Associated Press

A woman walks past a poster depicting the 1859 painting by Italian artist Francesco Hayez, ll Bacio (The Kiss), hanging on a facade of the Pinacoteca di Brera Museum, in Milan, Italy, Wednesday, March 11, 2020. Italy is mulling even tighter restrictions on daily life and has announced billions in financial relief to cushion economic shocks from the coronavirus. Premier Giuseppe Conte says he will consider requests to toughen an already extraordinary lockdown For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Luca Bruno)

Market swings and a wave of cancellations as virus spreads

By The Associated Press - Associated Press

Saudi oil company Aramco says it will increase production capacity to 13 million barrels per day, up

Associated Press

FILE - In this March 5, 2013 file photo, then Saudi Aramco President and CEO Khalid Al-Falih speaks at the IHS CERAWEEK energy conference in Houston, Texas. Saudi Arabia's monarch Tuesday, Feb. 25, 2020, appointed Al-Falih as the country's new minister of investment a prominent figure in the kingdom who previously served as energy minister and board chairman of Saudi oil company Aramco before before being relieved of both posts in the run-up to the company's partial public offering late last year. (AP Photo/Pat Sullivan, File)

Saudi king names ousted oil minister to lead investment draw

Associated Press

FILE- In this Dec. 11, 2019, file photo, the Saudi stock market officials watch the stock market screen displaying Saudi Arabia's state-owned oil company Aramco after the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia. Saudi Arabian oil company Aramco's initial public offering raised $29.4 billion, more than previously announced after the company said Sunday it used a so-called &quot;greenshoe option&quot; to sell an additional 450 million shares to satiate investor demand. (AP Photo/Amr Nabil)

Aramco’s ‘greenshoe option’ pushes IPO to record $29.4B

By AYA BATRAWY - Associated Press

Saudi stock market officials watch the market screen displaying Saudi Arabia's state-owned oil company Aramco after the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)

Saudi Aramco inches near $2 trillion in day 2 of trading

By AYA BATRAWY - Associated Press

This Sept. 15, 2019, file photo, shows storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, 2019, set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

By Aya Batrawy - Associated Press

FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)

Saudi Aramco plans $25.6B share sale in biggest ever IPO

By AYA BATRAWY - Associated Press

Saudi oil producer Aramco announces $25.6 billion share sale, valuing company at $1.7 trillion in wo

Associated Press

FILE - In this Oct. 14, 2019 file photo, Saudi Arabia's King Salman attends the official welcome ceremony for Russian President Vladimir Putin in Riyadh, Saudi Arabia. On Wednesday, Nov. 20, 2019, Salman touted his country’s reforms in his annual address and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. King Salman also commended a decision to grant tourist visas, describing the move as a way to attract investments and showcase Saudi heritage and culture. (AP Photo/Alexander Zemlianichenko, Pool, File)

Saudi king touts reforms, Aramco IPO in annual address

By ABDULLAH AL-SHIHRI and AYA BATRAWY - Associated Press

FILE - This May. 3, 2009 file photo shows an oil facility in Jubeil, about 600 kilometers (370 miles) from Riyadh, Saudi Arabia. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Hassan Ammar, File)

Saudi Aramco seeks record-setting IPO with value up to $1.7T

By JON GAMBRELL and MALAK HARB - Associated Press