Formally known as the Saudi Arabian Oil Co., Aramco reported a profit of $32.5 billion for the quarter ending March 31. The state-owned company had reported a 12% decline in annual profits in 2025.
“Recent events have clearly demonstrated the vital contribution of oil and gas to energy security and the global economy, and are a stark reminder that reliable energy supply is critical,” Nasser said in a statement. “Despite these headwinds, Aramco remains focused on its strategic priorities and is leveraging both its domestic infrastructure and its global network to navigate disruption.”
