Aramco

Companies

Aramco profit surges to another record on bumper oil market

portnews - August 15, 2022

The state Saudi Arabian oil giant posts another major profit in a market with elevated crude prices and ”healthy” demand.

Energy

Saudi crude prices to Asia may hit record highs in September

portnews - August 2, 2022

Top oil exporter Saudi Arabia could raise September crude prices for customers in Asia for a third month even though refining margins have declined...

Companies

Saudi Aramco to buy Valvoline’s lubricants unit in $2.65bn deal

portnews - August 2, 2022

Saudi Arabian Oil Company (Aramco) has agreed to acquire Valvoline’s lubricants unit, Valvoline Global Products (VGP), in a deal worth $2.65bn. Valvoline Global Products is...