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Latest Articles in saudi aramco

RIL Reboots Aramco Deal, To Re-evaluate Structure After New Energy Forays

To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.

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Clean Tech Next Hypergrowth Opportunity For Reliance, Say Brokerages

Ambani expects to conclude sale of a 20 per cent stake in O2C business to Saudi Aramco this year but the extent of upfront cash component in the transaction will determine the extent of the benefit to RIL

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Saudi Aramco Chairman To Be On Board Of Reliance Industries

Harvard educated, Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed desire to retire, Ambani said at the company's annual shareholder meeting.

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Saudi Aramco Rep On Reliance Board?

RIL had in 2019 put USD 75 billion as the value of O2C business after signing a non-binding letter of intent with Saudi Aramco.

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Reliance, Saudi Aramco Discuss Cash And Share Stake Deal: Report

Reliance had in 2019 put USD 75 billion as the value of the O2C business after signing a non-binding letter of intent with Saudi Aramco.

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Saudi Aramco Cuts February Crude Supply To Some Asian Refiners

Most OPEC+ producers will hold production steady in the face of new coronavirus lockdowns.

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India condemns missile attack on oil facility in Saudi Arabia

India condemns missile attack on oil facility in Saudi Arabia

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Saudi Aramco Says Domestic Supplies Unaffected By Attack On Jeddah Plant

Aramco's oil production and export facilities are mostly in Saudi Arabia's Eastern Province, more than 1,000 km (620) from Jeddah.

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Aramco Markets Five-Tranche Bonds, Seeking Cash Amid Cheap Oil

Aramco needs the money to pay dividends of $37.5 billion for the second half of 2020 and fund its $69.1 billion purchase of 70% of Saudi Basic Industries (SABIC).

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Aramco Plans Debt Market Comeback With Multi-Tranche Bond Deal

Aramco needs cash to pay $37.5 billion in dividends for the second half of 2020 and to fund its $69.1 billion acquisition of 70% of Saudi Basic Industries (SABIC), for which it will pay instalments through 2028.

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BPCL Privatisation: Bid Closes On Monday, All Eyes On Reliance

BPCL will give buyers ready access to 15.3 per cent of India's oil refining capacity and 22 per cent of the fuel market share in the world's fastest-growing energy market.

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Reliance's Deal Talks With Saudi Aramco Gaining Momentum

The deal, estimated to be about $15 billion as of August last year, had stalled over price, Reuters reported earlier this year.

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Reliance's Deal Talks With Saudi Aramco Gaining Momentum

Reliance's shares have been on a tear in 2020, rising more than 35% so far this year, as it raised billions of dollars from global investors for its digital and retail arms.

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Saudi Aramco Third-Quarter Profit Slumps 44.6% As Pandemic Chokes Demand

The company said it would distribute a dividend of $18.75 billion for the third quarter of this year, in line with its plan to pay a base dividend of $75 billion for 2020.

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Ant Group's IPO Sees Record $3 Trillion In Retail Demand

Ant's dual listing is set to raise about $34.4 billion, split fairly evenly between Shanghai's STAR Market and Hong Kong, topping Saudi Aramco's $29.4 billion listing last December.

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