Saudi Aramco reported a net income of $26 billion for the first quarter of 2025 on Sunday, marking a 4.8% decrease from $27.3 billion in the same period last year.
The company declared $21.3 billion in total dividends for the quarter and invested $12.5 billion in capital expenditures, while pursuing new ventures including a 25% stake in Unioil Petroleum Philippines and a 50% interest in Blue Hydrogen Industrial Gases Company. Aramco reported a free...