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Page 15 - Saudi Aramco

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

The brave new world of ample oil

The shift from scarcity to abundance has been brought about in an astonishingly short time by America's "fracking" revolution, leading to massive benefits for consuming countries

The brave new world of ample oil
Updated On : 10 Nov 2019 | 1:51 AM IST

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's offer of $75 bn dividends can stretch finances during oil slump
Updated On : 07 Nov 2019 | 9:19 PM IST

Gold price surges 1.7% at Rs 37,848 amid global geo-political tensions

Rising tensions in West Asia, following the attack on Saudi Arabia's largest oilfield Aramco, has added fuel to fire with respect to gold

Gold price surges 1.7% at Rs 37,848 amid global geo-political tensions
Updated On : 07 Nov 2019 | 7:43 AM IST

Saudi Aramco approaches Malaysian energy giant Petronas with IPO offer

Abu Dhabi's state investor Mubadala Investment Co has also been approached by Aramco's advisers

Saudi Aramco approaches Malaysian energy giant Petronas with IPO offer
Updated On : 06 Nov 2019 | 5:41 PM IST

Saudi to have '1-year restriction' on selling more Aramco shares after IPO

The government is looking to list 2% of the company on the Saudi bourse rather than listing the entire share capital on the exchange, the sources said.

Saudi to have '1-year restriction' on selling more Aramco shares after IPO
Updated On : 05 Nov 2019 | 9:30 PM IST

Saudi Aramco, an oil giant: Key facts about world's most profitable company

The state-owned firm is the world's largest oil producer, pumping 10% of the world's supply, and the most profitable company with its half-year net profit rising 12% to $46.9 billion.

Saudi Aramco, an oil giant: Key facts about world's most profitable company
Updated On : 04 Nov 2019 | 7:39 PM IST

Saudi Aramco valuation in bank research may vary by more than $1 trillion

Aramco could offer 1%-2% of its shares, raising as much as $20 billion to $40 billion

Saudi Aramco valuation in bank research may vary by more than $1 trillion
Updated On : 04 Nov 2019 | 6:05 PM IST

Aramco hungry for IPO success with Crown Prince's vision 2030 at stake

Saudi Arabia is pulling out all the stops to ensure the success of Aramco's initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares

Aramco hungry for IPO success with Crown Prince's vision 2030 at stake
Updated On : 04 Nov 2019 | 7:17 AM IST

Saudi Arabia kicks off Aramco IPO after market regulator's approval

The approval shall be valid for six months, and the company's prospectus will be published prior to the start of the subscription period, according to the statement

Saudi Arabia kicks off Aramco IPO after market regulator's approval
Updated On : 04 Nov 2019 | 1:21 AM IST

World's most profitable company Saudi Aramco surprisingly pays very little

It's a relatively modest life for a top executive at the Saudi oil giant

World's most profitable company Saudi Aramco surprisingly pays very little
Updated On : 02 Nov 2019 | 9:59 PM IST

Saudi crown prince approves Aramco IPO, announcement likely Sunday

Aramco IPO was delayed several times as international investors balked at the $2 trillion valuation Mohammed bin Salman placed on the company.

Saudi crown prince approves Aramco IPO, announcement likely Sunday
Updated On : 02 Nov 2019 | 7:57 PM IST

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

Saudi Aramco to keep 4.6 mn barrels of oil in India's Padur reserve: Govt
Updated On : 30 Oct 2019 | 4:11 PM IST

Aramco to make its long-awaited debut on Riyadh stock market on Dec 11

The Aramco listing is expected to be a major topic at a major investment summit that opened Tuesday in Riyadh

Aramco to make its long-awaited debut on Riyadh stock market on Dec 11
Updated On : 29 Oct 2019 | 4:56 PM IST

Saudi summit opens as kingdom looks to attract foreign investment

The forum was launched in 2017 to showcase Saudi Arabia's future away from oil

Saudi summit opens as kingdom looks to attract foreign investment
Updated On : 29 Oct 2019 | 4:44 PM IST

Saudi Aramco set to pay up to $450 million in fees to IPO advisers

Investment bankers from around the world have been pitching for years to win a coveted role on Aramco's IPO

Saudi Aramco set to pay up to $450 million in fees to IPO advisers
Updated On : 16 Oct 2019 | 12:29 PM IST

BPCL surges nearly 6% as reports say Saudi Aramco may bid for govt stake

On September 30, the group of secretaries on disinvestment gave its approval for to sell government's entire 53.29 per cent stake in BPCL, which is likely to be completed by March 31, 2020.

BPCL surges nearly 6% as reports say Saudi Aramco may bid for govt stake
Updated On : 16 Oct 2019 | 12:14 PM IST

Fitch downgrades Saudi Aramco to 'A' after attacks on oil facilities

Aramco obtained its first credit rating of A+ by Fitch in April ahead of its inaugural public bond issue.

Fitch downgrades Saudi Aramco to 'A' after attacks on oil facilities
Updated On : 08 Oct 2019 | 2:11 AM IST

Petrol, diesel prices may come down as oil supply woes have subsided

India's diversified crude and product basket was one reason that helped India in avoiding the Saudi Aramco crisis.

Petrol, diesel prices may come down as oil supply woes have subsided
Updated On : 04 Oct 2019 | 9:00 AM IST

Electric cars and the coming revolution

Just as it happened in the digital arena, electric and driverless cars are going to be disruptive for companies that resist change

Electric cars and the coming revolution
Updated On : 04 Oct 2019 | 12:43 AM IST