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Latest Articles in saudi aramco

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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Rosneft, Aramco Unlikely To Bid For BPCL Stake

India's government, which is looking to finance welfare schemes and bridge a fiscal deficit that has already topped the annual target, had aimed to raise $8 billion to $10 billion through the sale of its stake in BPCL.

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Ant Launches Blockchain-Based Cross-Border Trade Platform Ahead Of $35 Billion IPO

Ant is seeking to raise about $35 billion in the dual IPO after assessing early investor interest and based on a higher valuation of about $250 billion or more

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Saudi Aramco Discovers Two New Oil And Gas Fields - Energy Minister

Hadabat al Hajara gas field in al-Jof region has a daily production rate of 16 million cubic feets of natural gas, along with 1944 bpd of oil condensate, according to the minister.

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Saudi Aramco Eyes Growth Opportunities With New Development Organisation

The company's CEO Amin Nasser said that the organisation would focus on opportunities for growth in order to maximise value for Aramco's shareholders.

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Saudi Aramco's Profit Plunges, Sees Signs Of Oil Market Recovery

Net profit fell to 24.6 billion riyals ($6.57 billion) for the quarter to June 30 from 92.6 billion riyals a year earlier.

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Apple dethrones Saudi Aramco to become world's most valuable company

Apple dethrones Saudi Aramco to become world's most valuable company

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India Is One Of Our Most Important Strategic Partners & We Are Prioritizing Investment Opportunities: Saudi Arabia Ambassador Saud Bin Mohammed Al Sati

India – Saudi Arabia bilateral relations which earlier revolved around crude oil, have evolved into strategic partnership and greater investments. Crown Prince Mohammed bin Salman forges relationship with PM Modi crucially on Defence & Security as well. Saudi Arabia’s ambassador to India, Saud bin Mohammed Al Sati gives shapes to such dialogue with India. Ambassador gets candid in an exclusive interview with BW Businessworld’s Manish Kumar Jha & discusses diverse issues from energy to investment and peace process in Yemen to export of terrorism from Iran.

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