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Page 11 - Saudi Aramco

The great debate: What is the future of West Coast refinery project?

BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest

The great debate: What is the future of West Coast refinery project?
Updated On : 23 Dec 2019 | 10:09 PM IST

Why the Govt is trying to stop Reliance from selling assets to Aramco

The Delhi high court ordered RIL and BG Exploration and Production India Ltd, a unit of Shell India, to disclose their assets after the Centre sought to restrain the companies from disposing them

Why the Govt is trying to stop Reliance from selling assets to Aramco
Updated On : 23 Dec 2019 | 2:40 PM IST

RIL slips nearly 3% as govt seeks to block $15 bn Saudi Aramco deal

In a counter affidavit, it said it was a 'falsehood' that the arbitration tribunal had passed an award requiring the company and its partners to pay $3.5 billion to the government

RIL slips nearly 3% as govt seeks to block $15 bn Saudi Aramco deal
Updated On : 23 Dec 2019 | 10:09 AM IST

RIL mounts counter to govt petition seeking to block its $15 bn Aramco deal

RIL maintained that except as quantified by the tribunal, no amount can be said to be payable at this stage

RIL mounts counter to govt petition seeking to block its $15 bn Aramco deal
Updated On : 23 Dec 2019 | 1:07 AM IST

Saudi Aramco stocks give up about half of the gains since trading debut

Saudi Arabia's main index, in which Aramco is the second-biggest member, ended slightly higher

Saudi Aramco stocks give up about half of the gains since trading debut
Updated On : 22 Dec 2019 | 11:59 PM IST

Zero-debt plan of RIL may hit legal roadblock as HC asks to disclose assets

Delhi HC order in PMT arbitration matter could delay stake sale to Aramco

Zero-debt plan of RIL may hit legal roadblock as HC asks to disclose assets
Updated On : 22 Dec 2019 | 12:00 AM IST

Govt trying to restrain RIL from selling assets to Saudi Aramco: Report

The demand was made in an ongoing court case against Reliance Industries and British Gas, report says.

Govt trying to restrain RIL from selling assets to Saudi Aramco: Report
Updated On : 21 Dec 2019 | 3:15 PM IST

Saudi Aramco closes below $2 trillion as stock declines for second day

Shares ended 2.8 per cent lower at 36.70 riyals in Riyadh, giving the company a total value of $1.96 trillion

Saudi Aramco closes below $2 trillion as stock declines for second day
Updated On : 18 Dec 2019 | 11:05 PM IST

Saudi Aramco crosses $2 trn valuation, becomes most valuable listed company

Aramco has sold a 1.5 per cent share to mostly Saudi investors and local Saudi and Gulf-based funds

Saudi Aramco crosses $2 trn valuation, becomes most valuable listed company
Updated On : 13 Dec 2019 | 12:17 AM IST

Saudi Aramco soars on debut to hit market value of $1.88 trillion

Aramco raised $25.6 billion in the biggest-ever IPO, selling shares at 32 riyals each and valuing the company at $1.7 trillion.

Saudi Aramco soars on debut to hit market value of $1.88 trillion
Updated On : 12 Dec 2019 | 1:08 AM IST

Saudi Aramco: from 'Prosperity Well' to Saudi Arabia's energy giant

Over the decades, the firm has grown into the world's largest and most profitable energy concern, generating some 10 percent of global crude supplies and trillions of dollars in income

Saudi Aramco: from 'Prosperity Well' to Saudi Arabia's energy giant
Updated On : 11 Dec 2019 | 11:22 PM IST

Here's why Saudi Aramco's stock is unlikely to plunge on its debut

From bonus shares to a fat dividend, there's a lot to underpin the price, at least initially

Here's why Saudi Aramco's stock is unlikely to plunge on its debut
Updated On : 09 Dec 2019 | 3:56 PM IST

How Aramco's huge IPO fell short of Saudi Arabia crown prince's wish

Aramco's journey from private to public company was an unwieldy and at times fractious deal-making process

How Aramco's huge IPO fell short of Saudi Arabia crown prince's wish
Updated On : 07 Dec 2019 | 11:59 PM IST

Saudi Aramco to be worth more than $2 trillion soon, says minister

The state-owned oil giant set the final price of its shares at $8.53, valuing the world's most profitable company at $1.7 trillion

Saudi Aramco to be worth more than $2 trillion soon, says minister
Updated On : 07 Dec 2019 | 1:25 AM IST

Saudi Aramco IPO: The biggest in history, but short of the $2-trn target

The listing, expected later this month on the Riyadh stock exchange, is a far cry from the blockbuster debut originally envisaged by the Crown Prince

Saudi Aramco IPO: The biggest in history, but short of the $2-trn target
Updated On : 05 Dec 2019 | 10:30 PM IST

HSBC to leapfrog Barclays as Aramco's debut to reshuffle equity rankings

Aramco alone will be enough to move HSBC up two spots to 10th place on the main league table tracking stock offerings in EMEA

HSBC to leapfrog Barclays as Aramco's debut to reshuffle equity rankings
Updated On : 04 Dec 2019 | 11:57 PM IST

Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports

A final pricing decision will be taken later on Wednesday by an executive committee overseeing the IPO that includes top government officials, Aramco executives and bankers

Saudi Aramco's bookrunners recommend pricing IPO at top end: Reports
Updated On : 04 Dec 2019 | 10:30 PM IST

Saudi Aramco considers pricing at top to become world's biggest IPO

The Gulf energy giant has discussed pricing its IPO shares at 32 riyals apiece, after marketing them at 30 to 32 riyals each,

Saudi Aramco considers pricing at top to become world's biggest IPO
Updated On : 04 Dec 2019 | 5:08 PM IST

Saudi Aramco IPO institutional tranche oversubscribed more than twice

Although the IPO has received more than enough bids, the level of interest so far is relatively muted compared with other emerging market IPOs

Saudi Aramco IPO institutional tranche oversubscribed more than twice
Updated On : 02 Dec 2019 | 7:54 PM IST

Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital

The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25.6 billion), a deal which would give it a market value of $1.7 trillion

Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital
Updated On : 29 Nov 2019 | 9:15 PM IST