Aramco

The organisation will be led by Senior Vice President Abdulaziz M. Al-Gudaimi and will start operations on September 13

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Analysts see more gains in Reliance Industries stock

Aramco along with UAE's Adnoc is looking to pick up 50 per cent stake in a planned mega 60 million tonne-a-year oil refinery on the west coast

BPCL has been developing the technology since FY16 and reached commercial production stage two years ago

In its latest annual report, Aramco said it is looking at investment opportunities in high-growth markets as well as nations that rely on importing crude oil

Aramco said last week it would be raising its output in April to a record 12.3 million barrels per day in a fight for market share with Russia that has helped to hammer global oil prices

DUBAI (Reuters) - Saudi Aramco <2222.SE> shares fell by as much as 10% on Monday, dropping below their December listing price after Saudi Arabia and Russia said they would raise oil production in a battle for market share, sending crude prices down by a third.

Aramco's record IPO in December had valued the firm at $1.7 trillion, making it the world's most valuable company

Though oil giant Saudi Aramco was supposed to be a largest investor, particularly in the PCPIR in Visakhapatnam, it went away to Maharashtra

Aramco said "no additional shares are being offered into the market today and the stabilising manager will no

The world's most profitable company extended declines on Monday after dropping to its lowest closing price yet a day earlier.

Saudi Arabian Oil Co (Aramco), whose shares make their stock market debut at 0730 GMT, priced its record IPO last week, raising $25.6 billion

In September, India's oil minister said the refinery would cost more than the originally planned $45 billion.

Saudi authorities have been pulling several levers to try and make the deal a success, pressuring the kingdom's richest families to invest and loosening margin lending rules for banks

The banks will be paid 35 basis points of the money raised, according to the three sources

To lure investors, Aramco has promised a bumper dividend payment of at least $75 billion a year

Even when taking into account the tax regime and other perks, the numbers are hardly staggering compared with the grand plan for the company.

So far, Abu Dhabi National Oil Co is the only foreign company storing oil in India's strategic reserves, at Mangalore, also in Karnataka