Saudi Aramco reported record annual profits for 2022 and raised its dividend, riding high oil prices fueled by the Ukraine war
DUBAI—Saudi Arabia’s national oil company reported record annual profits for 2022 and raised its dividend, riding high oil prices fueled by the Ukraine war to earn $161 billion.
“Given that we anticipate oil and gas will remain essential for the foreseeable future, the risks of underinvestment in our industry are real—including contributing to higher energy prices,” Mr. Nasser said. With the West largely avoiding Russian oil and gas in the wake of sanctions imposed on Moscow over its invasion of Ukraine, Middle East petrostates, such as Saudi Arabia, now have a new market in Europe after years of focusing on sales to Asia. Saudi Aramco sees Europe as a market of the future because of shifting geopolitics and its move to replace all Russian energy imports by as early as mid-2024.
“We are engaged with so many governments,” Prince Abdulaziz said at an industry event in October. “Just to give you an example, Germany, Poland, the Czech Republic, Croatia, Romania and others.”
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Saudi Aramco reports record profit of $161.1 billion in 2022Saudi Arabian oil giant Aramco on Sunday reported a record net profit in 2022, boosted by higher energy prices, increased volumes sold and improved margins for refined products.
Consulte Mais informação »
Oil giant Saudi Aramco has profits of $161B in 2022DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday it earned a $161 billion profit last year, attributing its earnings to higher crude oil prices. The firm, known formally as the Saudi Arabian Oil Co., said in its annual report that the profit represented “its highest annual profits as a listed company.'
Consulte Mais informação »
Saudi oil giant Aramco posts record $161.1 billion profit for 2022Saudi state-controlled Aramco achieved a record profit last year, boosted by higher energy prices and firmer sale volumes.
Consulte Mais informação »
Ukraine war live updates: Biden hosts top EU official as Ukraine reels from hypersonic missile attacksUkrainian emergency services are rushing to repair critical energy infrastructure in the areas hit by the latest wave of Russian missiles and drones.
Consulte Mais informação »
Ukraine live briefing: Ukraine presses Pentagon for air defenses; battle for Bakhmut rages onThe head of Ukraine’s armed forces renewed Kyiv’s call for better air defenses in a telephone call with the Pentagon’s top general, Mark A. Milley.
Consulte Mais informação »