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Latest Articles in saudi aramco
Aramco Offers Struggling Refiners Sweeter Terms For Crude
Saudi Arabia's national oil company offered through unnamed Saudi banks in recent weeks, are also seen as part of the Kingdom's ongoing efforts to increase its market share
Read MoreSaudi Arabia To Hike Oil Output Capacity By 1 Million Barrels Per Day
OPEC's concerns are that a drastic increase in oil distribution will flood global energy markets and place further pressure on prices.
Read MoreSaudi Arabia Has Asked Aramco To Boost Oil Capacity - CEO
Saudi Arabia has been pumping around 9.7 million bpd in the past few months, but has extra production capacity it can turn on. It also has hundreds of millions of barrels of crude in store.
Read MoreSaudi Arabia To Hike Oil Output Above 10 Million Barrels Per Day In April After OPEC+ Deal Collapse
OPEC+ has been effectively cutting production by 2.1 million bpd, as Saudi Arabia has been reducing its own output by more than agreed.
Read MoreAramco Secures Unconditional EU Okay For $69 Billion SABIC Deal
Aramco announced the deal in March last year, a move key to its diversification into refining and petrochemicals.
Read MoreSaudi Aramco Launches Largest Shale Gas Development Outside U.S.
Saudi Arabia fought a price war aimed at putting the U.S. shale industry out of business just six years ago, which ultimately failed.
Read MoreAramco To Win Unconditional EU Clearance For $69 Billion SABIC Deal
Aramco announced the deal to acquire the controlling stake from sovereign investor Public Investment Fund (PIF) in March last year, a move key to its diversification into refining and petrochemicals.
Read MoreAramco 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.
Read MoreSaudi Aramco Shares Briefly Hit $2 Trillion Before Easing
The shares hit 38.7 riyals ($10.32) before easing to around 37 riyals after about 15 minutes of trade, up 5 per cent.
Read MoreAsian Shares Climb On Dovish Fed, But Brexit Hurdle Looms
That helped MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.98 per cent to the highest since Nov. 11.
Read MoreSaudi Aramco Shares Indicated Up 10% From IPO Price Ahead Of Debut
Saudi Arabia relied on mainly domestic and regional investors to buy a 1.5% stake in Aramco after lukewarm interest from abroad.
Read MoreSaudi Aramco Prices Shares At Top Of Range In World's Biggest IPO
Around 4.9 million Saudi retail investors have bought shares in the oil giant.
Read MoreSaudi Aramco In Race For IPO Record With $1.7 Trillion Top Value
Aramco cannot sell its shares directly to investors in the United States and other markets, as the IPO will be restricted to Saudis.
Read MoreSaudi Oil Prices For Asia Expected To Jump In November After Attack
Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.
Read MoreSaudi Aramco Offers Alternative Crude Oil Grade To Indian Oil Corp: Source
IOC will receive full allocated volumes from Saudi Aramco in September and October, the source said, declining to be named as he was not authorised to speak with the media.
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