Business Standard

Saudi Aramco And Sabic

Aramco may cut govt payout as drop in oil prices hits first-quarter profits

Saudi Arabian Oil Co., as the company is formally known, pledged an annual dividend of $75 billion for the first five years to attract investors to its initial public offering in December last year

Aramco may cut govt payout as drop in oil prices hits first-quarter profits
Updated On : 11 May 2020 | 5:16 PM IST

Saudi chemical giant SABIC bets big on India to create future tech products

In March this year Saudi Aramco, the world's biggest oil company, agreed to buy a 70 per cent stake in SABIC

Saudi chemical giant SABIC bets big on India to create future tech products
Updated On : 25 Nov 2019 | 11:54 AM IST

Saudi Aramco aims to have major presence in India, China through SABIC

Aramco also has a wholly-owned subsidiary in India called Aramco Asia India which is engaged in purchasing and other services.

Saudi Aramco aims to have major presence in India, China through SABIC
Updated On : 11 Nov 2019 | 11:25 PM IST

Saudi Aramco, SABIC plan to build $20-bn oil-to-chemicals complex

Private sector investment has slowed in the last few years because of low oil prices and government austerity policies

Saudi Aramco, SABIC plan to build $20-bn oil-to-chemicals complex
Updated On : 27 Nov 2017 | 1:40 AM IST