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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.

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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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Reliance'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".

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Saudi 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.

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Saudi 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

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Saudi 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.

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Saudi 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

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Aramco 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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