Saudi Arabian Oil Co. (Saudi Aramco) completed today, March 24, the acquisition of a 50% stake in the Jubail-based Blue Hydrogen Industrial Gases Co. (BHIG), a wholly-owned subsidiary of Air Products ...

DUBAI, March 20 (Reuters) - Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from the atmosphere, it said on Thursday.

Saudi oil giant Aramco said on Tuesday that it expects to declare total dividends of $85.4 billion in 2025, a near 30 per cent drop from payouts in 2024 as it faced lower sales and higher costs.

Saudi Arabian Oil Co. (Saudi Aramco) is considering a potential bid to acquire BP’s lubricants assets, including those operating under the Castrol brand, Bloomberg reported, citing sources.