Aramco

Saudi state oil company Aramco pays £54bn dividend

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Saudi state oil company Aramco pays £54bn dividend despite lockdowns and international travel bans hitting profits By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 March 2021 | Updated: 21:50 GMT, 21 March 2021 The Saudi state oil company Aramco has paid a mammoth £54billion dividend despite lockdowns and international travel bans hammering … Read more

Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends

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Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends Saudi Aramco racked up costs of almost £27bn last year, but could cut to £20bn  The state-backed energy giant went public in December in the biggest ever float It will pay £3.2bn in dividends for … Read more