Aramco

Aramco sets up corporate development organisation to optimise portfolio

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

Top Headlines: Economic crisis, RIL-Aramco deal, import curbs, and more

Here are the top headlines on Tuesday morning

Top headlines: RBI bars YES Bank on coupon payment, RIL mcap, and more

Business Standard brings to you a snapshot of the top events of the day

Deleveraging, lower capex and ARPU rise to aid RIL's earnings growth

Analysts see more gains in Reliance Industries stock

Aramco donates $500,000 to Indian Red Cross Society for Covid-19 relief

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 makes faster, cheaper tech to test crude; in talks with MNCs for sale

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

Aramco to focus on investments in markets with high growth like India

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

Saudi Aramco likely to sustain higher April oil output through May: CEO

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

Saudi Aramco shares dive 10%, Gulf debt markets hit in all-out crude war

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 trades below IPO price for first time, after OPEC pact unravels

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

Rs 22,000 cr investments made in Andhra Pradesh since June 2019: State govt

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

Aramco raises IPO to $29.4 bn via greenshoe option, sells 450 mn shares

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

Saudi Aramco faces tough test less than a month after $25-billion IPO

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

Aramco's indicative debut price seen at 35.2 riyals, 10% above IPO price

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

Cost of India refinery project with Aramco, ADNOC estimated at $70 billion

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

With Saudi pulling levers, Aramco sees enough demand to pull off IPO

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

Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn

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

Aramco's offer of $75 bn dividends can stretch finances during oil slump

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

Aramco: The world's most profitable company that pays surprisingly little

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

Saudi Aramco to keep 4.6 mn barrels of oil in India's Padur reserve: Govt

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