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Tag : Saudi Aramco

Business

IPMAN calls for local refining to fix petroleum sector

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File Photo Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its...
Business

US sanctions 11 entities for aiding Iran’s oil sector

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The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping...
Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Business

Apple crosses $2 trillion market cap as world’s most valuable company

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Just two years after becoming the first U.S. company to reach a $1 trillion market capitalization, Apple has officially doubled its value to $2 trillion....
Business

Saudi Aramco profits dive 73% as coronavirus batters oil demand

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Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis...