Saudi Arabia âhas exported 4.355 million barrels per day of crude so âfar â in March, data from analytics firm Kpler showed, down from 7.108 million bpd in February.
The producer is trying to boost crude exports via âYanbu to âoffset the â Strait of Hormuz disruption, with loadings seen rising to record volumes in âMarch. China‘s top refiner Sinopec (600028.SS), opens new tab is âset â to load about 24 million barrels of Saudi crude from Yanbu in March.
The United States and Saudi Arabia signed an economic partnership agreement and a number of energy deals between Saudi oil giant Aramco and American companies during the visit of U.S. President Donald Trump to the Kingdom on Tuesday.
(12.03.2023)
Aramco boosted its dividend â a crucial source of funding for the Saudi Arabian government â to $19.5 billion for the final quarter, up 4% from the previous three-month period.
US and European peers such as Chevron Corp. and Shell Plc also reported blowout earnings and are returning billions of dollars to shareholders through larger dividends and buybacks. Aramco, until now, has instead focused on using its extra cash to increase output.
The announcement came off the back of energy prices rising after Russia launched its war on Ukraine in February 2022, with sanctions limiting the sale of Moscow‘s oil and natural gas in Western markets. Aramco‘s results mirror the huge profits seen at U.S. and British oil giants.
Der saudi-arabische Ălkonzern war erst 2019 an die Börse gegangen. Er ist das zweitwertvollste Unternehmen der Welt nach Apple. 2022 meldeten auch fĂŒnf weitere Ălgiganten Rekordgewinne: Shell, Chevron, ExxonMobil, BP und TotalEnergies.
(17.10.2022)
Riyadhâs alignment with Russia definitively started during that War and was irrevocably strengthened when Moscow agreed to support then-beleaguered Saudi Arabia and OPEC in their first post-Oil Price War production announcement at the end of 2016, forming âOPEC+â (âplusâ Russia) in the process. And Saudi Arabiaâs move towards the autocracies of the East, with which its own autocracy is naturally aligned, was definitively concluded with China when Beijing allowed Saudi Crown Prince Mohammed bin Salman (MbS) to save face, and probably his eventual succession to the kingship as well, by offering to privately buy in 2017 all five percent of his disastrously conceived initial public offering of Saudi Aramco. Last weekâs Saudi-led shock two million barrels per day (bpd) collective crude oil production cuts shows that MbS personally has nothing but contempt for the U.S., so it is little wonder that key figures in the West Wing of the White House are taking it so personally.
When ground radios failed to work, Saudi pilots had to fly low enough to use their cellphones to communicate with mission control. Mohammed bin Salman had assured his father and U.S. officials the Yemen operation would be over in a couple of months. Five years on, the Saudi-led air campaign continues. Airstrikes have killed thousands of civilians, and Yemen is now considered the largest humanitarian disaster in the world.
Saudi Arabiaâs oil company Aramco gained 10% in its first moments on the stock market Wednesday in a dramatic debut that held until closing and pushed its value up to $1.88 trillion, surpassing Apple as the largest listed company in the world.
Teil des geplanten Deals ist der Einstieg von SAMI bei Rheinmetall Denel Munition (RDM), dem sĂŒdafrikanischen Ableger der DĂŒsseldorfer Waffenschmiede Rheinmetall, an dem Denel 49 Prozent hĂ€lt. RDM hat bereits eine Munitionsfabrik fĂŒr die staatseigene saudische MIC (Military Industries Corporation) gebaut, in der seit MĂ€rz 2016 Mörser- und Artilleriemunition sowie 500- bis 2.000-Pfund-Bomben fĂŒr die saudische Luftwaffe gefertigt werden. Berichten zufolge betreut RDM die Fabrik weiterhin (german-foreign-policy.com berichtete [4]). Wie es jetzt heiĂt, will SAMI den Denel-Anteil an RDM teilweise oder ganz ĂŒbernehmen.[5] Dies geschieht offenbar in der Absicht, mit Hilfe des Rheinmetall-Ablegers den Aufbau der saudischen RĂŒstungsindustrie weiter zu forcieren. Als sĂŒdafrikanisches Joint Venture ist RDM von deutschen RĂŒstungsexportvorschriften nicht betroffen und kann frei ĂŒber seine Zusammenarbeit mit SAMI entscheiden. Unklar ist, ob der geplante Deal auch Thema bei den GesprĂ€chen ist, die BundesprĂ€sident Frank-Walter Steinmeier in diesen Tagen in Pretoria fĂŒhrt.
Die Tagung am Sitz der PĂ€pstlichen Akademie der Wissenschaften stand unter dem Thema âEnergiewende und Sorge fĂŒr unser gemeinsames Hausâ. Zu den Teilnehmern gehörten die geschĂ€ftsfĂŒhrenden Manager von BP und Exxon, Bob Dudley und Darren Woods, der Chef des Vermögensverwalters BlackRock, Larry Fink, der frĂŒhere US-Energieminister Ernest Moniz und der Leiter des japanischen Pensionsfonds, Hiro Mizuno, zudem Mark Moody-Stuart als Direktor von Saudi Aramco und die Chefin des Ălkonzerns Occidental Petroleum, Vicki Hollub.