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Latest Articles in saudi aramco
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.
Read MoreAnt 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.
Read MoreRosneft, 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.
Read MoreAnt 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
Read MoreSaudi 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.
Read MoreSaudi 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.
Read MoreSaudi 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.
Read MoreApple dethrones Saudi Aramco to become world's most valuable company
Apple dethrones Saudi Aramco to become world's most valuable company
Read MoreIndia 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.
Read MoreReliance's Stake Sale Talks With Aramco Stall Over Valuation, Sources Say
Reliance Chairman Mukesh Ambani told shareholders on Wednesday a deal had been delayed due to "unforeseen circumstances in the energy market and the COVID-19 situation".
Read MoreSaudi Aramco Cuts August Heavier Crude Supply For Asian Refiners
OPEC's Joint Ministerial Monitoring Committee (JMMC) will meet on Tuesday and Wednesday to recommend the next level of cuts after compliance in the group hit 107% in June, up from 77% in May.
Read MoreSaudi Aramco Completes $69 Billion SABIC Stake Deal, Extends Schedule
The deal values Saudi Basic Industries Corp (SABIC) at 123.39 riyals ($32.90) per share, 27.5% above the company's share price of 89.40 riyals
Read MoreSaudi Aramco's Bahri Puts LNG Tanker Plan On Hold
Aramco signed a 20-year agreement to buy LNG from Sempra Energy's planned Port Arthur export terminal and also agreed to buy a 25% equity stake in the first phase of the multi-billion dollar project.
Read MoreSaudi Aramco To Supply Full May Crude Volumes To Asian Refiners
The Organization of the Petroleum Exporting Countries and allies including Russia agreed to reduce production and ease a supply glut exacerbated
Read MoreAramco Offers Struggling Refiners Sweeter Terms For Crude
Saudi Arabia's national oil company has offered through unidentified Saudi banks, are also seen as part of the country's efforts to increase its market share
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