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Page 10 - Saudi Aramco

Saudi Aramco reports 20.6% drop in 2019 profit over low prices, production

The energy giant posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, it said in the statement to the Saudi Stock Market

Saudi Aramco reports 20.6% drop in 2019 profit over low prices, production
Updated On : 15 Mar 2020 | 1:17 PM IST

Reliance buys an extra 2 mn bbls of Saudi oil for April loading: Report

Saudi Aramco has slashed its selling price for April and announced plans to raise output to a record 12.3 million bpd

Reliance buys an extra 2 mn bbls of Saudi oil for April loading: Report
Updated On : 12 Mar 2020 | 11:56 AM IST

Saudi Aramco to raise oil output by 1 mn bpd as price war escalates

'Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 bpd,' the company said

Saudi Aramco to raise oil output by 1 mn bpd as price war escalates
Updated On : 11 Mar 2020 | 1:24 PM IST

Aramco to boost crude supply to 12.3 mn bpd, escalate price war with Russia

The world's biggest crude exporter has been pumping some 9.8 million bpd which means it will be adding at least 2.5 million bpd from April

Aramco to boost crude supply to 12.3 mn bpd, escalate price war with Russia
Updated On : 10 Mar 2020 | 6:37 PM IST

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

Aramco trades below IPO price for first time, after OPEC pact unravels
Updated On : 09 Mar 2020 | 12:36 AM IST

'Crazy' Saudi oil price cuts seen reigniting market share war with Russia

The battle ended when the Organization of the Petroleum Exporting Countries (OPEC) and Russia struck a deal to cut production

'Crazy' Saudi oil price cuts seen reigniting market share war with Russia
Updated On : 08 Mar 2020 | 9:02 PM IST

Saudi Aramco puts off oil pricing after failure of Opec alliance in Vienna

Biggest oil exporter usually gives pricing on 5th of each month

Saudi Aramco puts off oil pricing after failure of Opec alliance in Vienna
Updated On : 07 Mar 2020 | 11:01 PM IST

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

Rs 22,000 cr investments made in Andhra Pradesh since June 2019: State govt
Updated On : 23 Feb 2020 | 8:31 PM IST

Going cheap: How ONGC compares to the world's most richly valued oil firms

ONGC has always traded at a discount to its global peers, it has widened to record levels in recent months

Going cheap: How ONGC compares to the world's most richly valued oil firms
Updated On : 22 Feb 2020 | 3:00 AM IST

Aramco to win unconditional EU clearance for $69 billion SABIC deal

Riyadh-headquartered SABIC, the world's fourth largest petrochemicals group, has operations in over 50 countries

Aramco to win unconditional EU clearance for $69 billion SABIC deal
Updated On : 22 Feb 2020 | 2:06 AM IST

LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts

Currently, the government owns the entire 100 per cent stake in LIC.

LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts
Updated On : 01 Feb 2020 | 4:53 PM IST

Yemeni rebels claim targeting Aramco's Jizan facilities in retaliation

Houthi military spokesman Yahya Saria did not give a timeframe for the assault

Yemeni rebels claim targeting Aramco's Jizan facilities in retaliation
Updated On : 29 Jan 2020 | 10:00 PM IST

RIL's partnership with Saudi Aramco not a retreat from energy biz: Report

Ambani had in August last year announced that the deal with Aramco will close by March 2020 but it is now expected to close within the current calendar year

RIL's partnership with Saudi Aramco not a retreat from energy biz: Report
Updated On : 26 Jan 2020 | 4:13 PM IST

Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts

For the December 2019 ended quarter, RIL turned free cash flow (FCF) positive, a reversal that most brokerage firms welcomed

Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts
Updated On : 21 Jan 2020 | 12:54 AM IST

RIL-Saudi Aramco 15-bn deal unlikely to close by March 31: CFO V Srikanth

The deal, aimed at cutting its massive debt and secure an assured supply of crude oil to its refineries, was expected to be closed by March 31, 2020

RIL-Saudi Aramco 15-bn deal unlikely to close by March 31: CFO V Srikanth
Updated On : 17 Jan 2020 | 10:31 PM IST

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.

Saudi Aramco faces tough test less than a month after $25-billion IPO
Updated On : 07 Jan 2020 | 2:49 AM IST

Will target US military sites, says Iran; Jaishankar voices India's concern

US has targeted 52 Iranian sites, will hit if tehran retaliates: Trump

Will target US military sites, says Iran; Jaishankar voices India's concern
Updated On : 06 Jan 2020 | 1:08 AM IST

A 2020 shopping list Masayoshi Son: K-pop band, Aramco for investor?

A list of investments Masayoshi Son ought to consider after after an awry year for SoftBank Vision Fund.

A 2020 shopping list Masayoshi Son: K-pop band, Aramco for investor?
Updated On : 31 Dec 2019 | 7:40 AM IST

Year in Review: How democracies around the world were redefined in 2019

Business Standard compiles the list of key leaders and individuals redefining democracy in 2019.

Year in Review: How democracies around the world were redefined in 2019
Updated On : 30 Dec 2019 | 7:24 AM IST

Fresh overhang for Reliance Industries as govt tries to block Aramco deal

Government's demand for pending dues may delay company's plan to reduce debt

Fresh overhang for Reliance Industries as govt tries to block Aramco deal
Updated On : 24 Dec 2019 | 12:45 AM IST