Browsing Tag
SATORP
5 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.
May 12, 2026
TotalEnergies Q1 2026 earnings beat: Adjusted net income jumps 29% to $5.4bn as Patrick Pouyanne lifts dividend 5.9% despite Middle East shutdowns
TotalEnergies posted $5.4B adjusted net income but lost 15% of production to Middle East shutdowns. Pouyanne's dividend hike answers a different question entirely.
April 29, 2026
TotalEnergies shuts down 15% of global output as Middle East conflict disrupts Qatar, Iraq, and UAE offshore production
TotalEnergies confirms 15% of global output is offline across Qatar, Iraq, and UAE offshore as Middle East conflict escalates. Read why the company says an $8/b Brent rise offsets the 2026 cash flow loss.
March 15, 2026
NextChem bags engineering and technology services contract with SATORP
NextChem, a subsidiary of MAIRE focused on sustainable technology solutions, has secured a three-year contract with Saudi Aramco…
March 7, 2025
TAQA, JERA secure financial closing for 475MW cogeneration plant in Saudi Arabia
Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc. (JERA) have announced the successful financial closure…
August 24, 2024