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Latest Articles in saudi aramco
Saudi Aramco Net Profit Soars 82% In Q1 On High Oil Prices
The world's top oil exporter was forecast to post a net income of $38.5 billion, according to a median estimate from 12 analysts provided by the company
Read MoreHouthis Attack Saudi Aramco's Distribution Station In Jeddah
The Saudi energy ministry said the kingdom strongly condemned the "sabotage attacks", reiterating that it would not bear responsibility for any global oil supply disruptions resulting from such attacks, state news agency SPA reported, citing an official in the ministry
Read MoreRIL 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.
Read MoreClean 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
Read MoreSaudi 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.
Read MoreSaudi 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.
Read MoreReliance, 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.
Read MoreSaudi Aramco Cuts February Crude Supply To Some Asian Refiners
Most OPEC+ producers will hold production steady in the face of new coronavirus lockdowns.
Read MoreIndia condemns missile attack on oil facility in Saudi Arabia
India condemns missile attack on oil facility in Saudi Arabia
Read MoreSaudi 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.
Read MoreAramco 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).
Read MoreAramco 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.
Read MoreBPCL 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.
Read MoreReliance'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.
Read MoreReliance'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.
Read More