Sign Up for FREE Daily Energy News
 
BREAKING NEWS:
Hazloc Heaters
Copper Tip Energy Services
Precision Well Servicing
Precision Well Servicing
Hazloc Heaters
Copper Tip Energy

Saudi Aramco’s 2018 Profit = Apple + Google + Exxon Mobil: Chart


Mar 31, 2019, by Anthony DiPaola and Dan Murtaugh
(Bloomberg)

Saudi Aramco was the world’s most profitable company in 2018, according to an extract of the oil producer’s accounts published by Moody’s Investors Service. The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petrochemical group Sabic worth about $69 billion. Aramco will mostly use cash to pay for the purchase over the next three years.



Share This:



More News Articles


New SHOWCASE Directory Companies

 

CFR Chemicals
Osprey Informatics
Vision Integrity Engineering Ltd.
Stream-Flo
Ironhub
Scovan Engineering
Silverstream Energy Solutions
Nationwide Boiler Inc