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Latest Articles in aramco

Saudi Arabia May Cut June Crude Prices To Asia From Record Highs

Global markets were rattled last month by western sanctions on Russia, the world's biggest combined crude and oil products exporter, that could curb supplies, pushing Middle East spot premiums and term prices to record highs

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Surging Crude Oil Prices Takes Equity Benchmarks Into Red Zone

The 30-share pack Sensex declined 571.44 points or 0.99 per cent to close at 57,292.49. Its broader peer NSE Nifty slumped 169.45 points or 0.98 per cent to 17,117.60

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Why Reliance Called Off $15 Billion Deal With Aramco

Reliance-Aramco Deal: Talks broke down over how much Reliance's oil-to-chemicals business should be valued as the world seeks to move away from fossil fuels.

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Reliance Backs Appointment Of Aramco Chairman On Board

In a stock exchange filing, Reliance said the appointment will "help strengthen the Board''s diversity and skill-sets and benefit Reliance through the transition from oil to chemicals and the aim to achieve Net Carbon Zero by 2035."

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Reliance's Proposed Business Reorganisation Credit Neutral: Fitch

The transfer will be on a slump sale basis subject to attaining the requisite approvals. The consideration for transfer will be in the form of long-term interest-bearing debt of 25 billion dollars to be issued by O2C to RIL.

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Reliance announces O2C business into 100 pc subsidiary

Reliance announces O2C business into 100 pc subsidiary

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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 Value In Bank Research Varies By More Than $1 Trillion: Sources

Fund managers are poring over bank research after Aramco on Sunday announced its intention to float on the Riyadh stock market.

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Saudi Aramco Kick-Starts What Could Be World's Biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

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Saudi Assures India To Meet All Oil Supply Commitment

Indian Oil (IOC) Chairman Sanjiv Singh said Saudi Arabia has again assured that all supply commitments to India will be met.

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Saudi Aramco Tells Indian Refiner It Will Get Oil: Source

Aramco has lost half of its production capacity after attacks on its facilities on Saturday and it remains unclear how long it will take the company to fix the damage.

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Cost Of India Refinery Project With Aramco To Rise: Oil Minister

The project is expected to cost $60 billion, sources told Reuters at the time, but is still expected to be commissioned in 2025.

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Reliance To Roll Out Fibre Broadband, Unveils Oil Stake Sale To Aramco

The big tech push comes as the group bolsters its consumer-focused retail and telecoms units to match the strength of its key oil-and-gas business. Its startup Jio has upended the telco sector by providing cheap data connectivity and becoming India's top mobile operator by subscribers in just three years.

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Saudi Aramco To Buy Reliance Stake, Reports 12% Earnings Slide

Aramco signed a letter of intent to take a 20 per cent stake in Reliance's oil-to-chemicals business in one of the largest ever foreign investments in India, Reliance announced.

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Reliance To Sell 20% Stake In Oil To Chemicals Business To Saudi Aramco

"(This is) the biggest foreign investment in the history of Reliance." Ambani said at the company's annual general meeting in India's financial capital Mumbai.

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