Page 12 - Saudi Aramco

India gears up for LPG shortage following attacks on Saudi Aramco

A shortfall in assured LPG supply from Saudi Arabia has created a huge booking backlog across states such as Maharashtra, Karnataka, Punjab and Goa

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

Aramco IPO: Institutional tranche gains $17 bn in orders, says Al Arabiya

The retail portion of the planned deal had received 10 billion riyals, it also said.

Saudi Aramco has received nearly enough early orders to pull off its IPO

Building early momentum is important in large equity offerings, as investors are encouraged to jump in when they see other institutions rushing to buy shares.

Cabinet panel to soon take up proposal to pare majority govt stake in PSUs

BPCL will be a key to achieving the divestment target, of which only Rs 17,364 crore is met so far

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

Here's how Indians can invest in Saudi Aramco, the world's biggest IPO

Saudi Aramco said it would sell 1.5 percent of the company in a blockbuster initial public offering worth between $24 billion and $25.6 billion

Saudi Arabia's Sep crude oil exports fall 3% after Aramco refinery attacks

September crude output fell by 660,000 bpd to 9.129 million bpd, figures from the Joint Organizations Data Initiative (JODI) showed.

Aramco banking on wealthy Saudis for IPO; banks easing lending regulations

The IPO once was promoted as the strongest sign of economic change in Saudi Arabia

World's biggest IPO: Saudi Aramco valuation falls below $2-trillion target

IPO share price out, valuing the company at up to $1.7 trillion

World's biggest public offering: Saudi Aramco seeks $1.71 trn in valuation

The company is seeking to raise between $24 billion and $25.6 billion by selling a 1.5% stake, putting it close to Alibaba Group Holding Ltd.'s $25 billion deal

Saudi Aramco IPO: Here's how you can invest in world's biggest public offer

Over the past 10 years (since 2009) only a handful of leading oil & gas exploration companies have delivered stellar gains

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.

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

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

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

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 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 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 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