Browsing Tag
Jafurah
2 posts
Aramco Q1 2026 profit jumps 26% to $33.6bn as East-West Pipeline absorbs Hormuz shock
Hormuz was closed for ten weeks. Aramco still beat consensus by $2.4bn, ramped its East-West Pipeline to max, and declared a $21.9bn dividend.
Aramco secures $11bn Jafurah midstream deal with GIP-led consortium
Aramco secures $11B Jafurah midstream deal with GIP-led investors, boosting Saudi gas expansion, Vision 2030, and global investor appeal.