A 3D printed natural gas pipeline on February 8, 2022.
Ruvic Cube | Reuters
Saudi oil giant Aramco reported second-quarter net profit of $29.1 billion, a decline of 3.2% in comparison with the identical period last yr as production volumes remained low.
Aramco reiterated its second-quarter base dividend of $20.3 billion and announced a performance-based dividend of $10.8 billion to be paid within the third quarter.
The crude oil producer had a production of 8.99 million barrels per day within the second quarter, in accordance with a OPEC report from July Citing secondary sources.
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