Oil Giant Saudi Aramco
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Energy Giant Saudi Aramco Records 15% Profit Drop, Cites Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
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Apple No Longer World’s Most Valuable Company, Dethroned by Saudi Aramco
Saudi Aramco, billed as the largest oil-producing company, has also become the world's most valuable company, surpassing American tech giant Apple. Rising demand and rising costs are driving up the value of oil company stocks.
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Saudi-Led Coalition Says Aramco Fire "Under Control" After Yemen Rebel Strike
Yemen's Houthis said they launched attacks on Saudi energy facilities on Friday and the Saudi-led coalition said oil giant Aramco's petroleum products distribution station in Jeddah was hit, causing a fire in two storage tanks but no casualties.
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India's Reliance Denies Report Of Bid For UK Telecom BT Group
Last week, Reliance and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of Reliance due to valuation concerns.
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Why Reliance Called Off $15 Billion Deal With Aramco
Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the conglomerate due to valuation concerns, sources with knowledge of the matter said.
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Saudi Aramco Q2 Profits Slump 73% On Low Oil Prices
Energy giant Saudi Aramco said on Sunday its net profit for the second quarter plunged a massive 73 percent year-on-year due to sharply lower oil prices.
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Gulf Markets Plunge On US-Iran Tensions, Aramco At Lowest Since IPO
Shares of oil giant Saudi Aramco fell 1.7 per cent to their lowest level since listing last month in a record initial public offering (IPO).
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Saudi Aramco Raises $25.6 Billion In World's Biggest Initial Public Offering (IPO)
The state-owned oil giant set the final price of its shares at 32 riyals ($8.53), valuing the world's most profitable company at $1.7 trillion.
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Saudi Arabia Restores Full Oil Output After Attacks
Saudi Arabia Oil: Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of state oil giant Saudi Aramco, its energy minister Prince Abdulaziz bin Salman said on Thursday.
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Saudi Arabia Replaces Chief Of Oil Giant Ahead Of Initial Public Offering
Saudi Arabia's energy minister said Monday he had been replaced as chairman of state-owned oil giant Aramco ahead of a planned initial public offering (IPO).
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After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery
Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.
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Inside The New $500 Billion Saudi Arabia Mega-City
The $500 billion mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom's drive to diversify away from oil, the crown prince told Reuters in an interview late on Wednesday.
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ONGC May Acquire HPCL To Compete With Saudi Aramco And Other Global Giants. 10 Points
If the deal goes through, HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio, making it the third-largest refiner in the country after IOC and Reliance Industries.
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In Oil Wars, How Kremlin's $13 Billion Indian Deal Almost Fell Apart
The deal between Essar and a consortium led by Kremlin oil giant Rosneft appeared dead in the water two months ago after Saudi state energy firm Aramco weighed in, according to seven Russia, India and Saudi-based industry sources familiar with or involved in the negotiations.
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Aramco Listing Lures Banks With Prospects Of Game-Changing Deals
Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to the lucrative deals they expect to flow from the kingdom's plan to revamp its economy.
_1526275868915.jpg?downsize=260:195 "After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery")
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Energy Giant Saudi Aramco Records 15% Profit Drop, Cites Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
-
Apple No Longer World’s Most Valuable Company, Dethroned by Saudi Aramco
Saudi Aramco, billed as the largest oil-producing company, has also become the world's most valuable company, surpassing American tech giant Apple. Rising demand and rising costs are driving up the value of oil company stocks.
-
Saudi-Led Coalition Says Aramco Fire "Under Control" After Yemen Rebel Strike
Yemen's Houthis said they launched attacks on Saudi energy facilities on Friday and the Saudi-led coalition said oil giant Aramco's petroleum products distribution station in Jeddah was hit, causing a fire in two storage tanks but no casualties.
-
India's Reliance Denies Report Of Bid For UK Telecom BT Group
Last week, Reliance and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of Reliance due to valuation concerns.
-
Why Reliance Called Off $15 Billion Deal With Aramco
Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the conglomerate due to valuation concerns, sources with knowledge of the matter said.
-
Saudi Aramco Q2 Profits Slump 73% On Low Oil Prices
Energy giant Saudi Aramco said on Sunday its net profit for the second quarter plunged a massive 73 percent year-on-year due to sharply lower oil prices.
-
Gulf Markets Plunge On US-Iran Tensions, Aramco At Lowest Since IPO
Shares of oil giant Saudi Aramco fell 1.7 per cent to their lowest level since listing last month in a record initial public offering (IPO).
-
Saudi Aramco Raises $25.6 Billion In World's Biggest Initial Public Offering (IPO)
The state-owned oil giant set the final price of its shares at 32 riyals ($8.53), valuing the world's most profitable company at $1.7 trillion.
-
Saudi Arabia Restores Full Oil Output After Attacks
Saudi Arabia Oil: Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of state oil giant Saudi Aramco, its energy minister Prince Abdulaziz bin Salman said on Thursday.
-
Saudi Arabia Replaces Chief Of Oil Giant Ahead Of Initial Public Offering
Saudi Arabia's energy minister said Monday he had been replaced as chairman of state-owned oil giant Aramco ahead of a planned initial public offering (IPO).
-
After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery
Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.
-
Inside The New $500 Billion Saudi Arabia Mega-City
The $500 billion mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom's drive to diversify away from oil, the crown prince told Reuters in an interview late on Wednesday.
-
ONGC May Acquire HPCL To Compete With Saudi Aramco And Other Global Giants. 10 Points
If the deal goes through, HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio, making it the third-largest refiner in the country after IOC and Reliance Industries.
-
In Oil Wars, How Kremlin's $13 Billion Indian Deal Almost Fell Apart
The deal between Essar and a consortium led by Kremlin oil giant Rosneft appeared dead in the water two months ago after Saudi state energy firm Aramco weighed in, according to seven Russia, India and Saudi-based industry sources familiar with or involved in the negotiations.
-
Aramco Listing Lures Banks With Prospects Of Game-Changing Deals
Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to the lucrative deals they expect to flow from the kingdom's plan to revamp its economy.
