As part of our ESG responsibility, followed by Luberef's commitment to keep supplying the world with high-quality base oils, #Luberef and KAUST, represented by uODS, have signed a new research agreement on new technology for producing low-sulfur base oils.

Saudi Aramco Base Oil Company - Luberef announced its H1 2024 financial results, reporting total revenue of approximately SAR 4.9 Billion and net income of approximately SAR 538 Million. Net income decreased by 40% compared to the same period in 2023 due to a decline in base oil and by-products crack margins.

Luberef is proud to be ranked among the Middle East’s Top 100 Listed Companies for 2024 in the Forbes Middle East Magazine. According to the classification of Forbes