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Latest Articles in saudi aramco

Saudi Arabia To Hike Oil Output Capacity By 1 Million Barrels Per Day

OPEC's concerns are that a drastic increase in oil distribution will flood global energy markets and place further pressure on prices.

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Saudi Arabia Has Asked Aramco To Boost Oil Capacity - CEO

Saudi Arabia has been pumping around 9.7 million bpd in the past few months, but has extra production capacity it can turn on. It also has hundreds of millions of barrels of crude in store.

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Saudi Arabia To Hike Oil Output Above 10 Million Barrels Per Day In April After OPEC+ Deal Collapse

OPEC+ has been effectively cutting production by 2.1 million bpd, as Saudi Arabia has been reducing its own output by more than agreed.

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Aramco Secures Unconditional EU Okay For $69 Billion SABIC Deal

Aramco announced the deal in March last year, a move key to its diversification into refining and petrochemicals.

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Saudi Aramco Launches Largest Shale Gas Development Outside U.S.

Saudi Arabia fought a price war aimed at putting the U.S. shale industry out of business just six years ago, which ultimately failed.

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Aramco To Win Unconditional EU Clearance For $69 Billion SABIC Deal

Aramco announced the deal to acquire the controlling stake from sovereign investor Public Investment Fund (PIF) in March last year, a move key to its diversification into refining and petrochemicals.

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Aramco Trading Locks In Long-Term Crude, Naphtha Supplies

Saudi Aramco holds shares in refining and petrochemical projects at two sites in China, one in Japan, one in Malaysia, and owns a large stake in South Korean refiner S-Oil Corp, according to the company's website.

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Saudi Aramco Shares Briefly Hit $2 Trillion Before Easing

The shares hit 38.7 riyals ($10.32) before easing to around 37 riyals after about 15 minutes of trade, up 5 per cent.

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Asian Shares Climb On Dovish Fed, But Brexit Hurdle Looms

That helped MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.98 per cent to the highest since Nov. 11.

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Saudi Aramco Shares Indicated Up 10% From IPO Price Ahead Of Debut

Saudi Arabia relied on mainly domestic and regional investors to buy a 1.5% stake in Aramco after lukewarm interest from abroad.

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Saudi Aramco In Race For IPO Record With $1.7 Trillion Top Value

Aramco cannot sell its shares directly to investors in the United States and other markets, as the IPO will be restricted to Saudis.

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Saudi Oil Prices For Asia Expected To Jump In November After Attack

Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.

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Saudi Aramco Offers Alternative Crude Oil Grade To Indian Oil Corp: Source

IOC will receive full allocated volumes from Saudi Aramco in September and October, the source said, declining to be named as he was not authorised to speak with the media.

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