Page 17 - Saudi Aramco

Reliance Industries to earn $990 mn in fuel retail deal with UK's BP Plc

Aramco agreed to buy a 20% stake in Reliance's oil refining and petrochemicals division

Saudi Aramco's H1 2019 net income slips to $46.9 bn on lower oil prices

The fall in income, owing to lower oil prices, comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing

Saudi oil firm Aramco's valuation gap persists even as IPO talks resume

Prince Mohammed put a $2 trillion valuation on the state company in early 2016 when he first proposed a share sale to diversify Saudi Arabia's economy beyond oil

Govt raises cost of refinery project with Aramco by 36% to $60 bn: Report

The project cost at the signing of a deal with Saudi Aramco in 2018 was pegged at $44 billion

Aramco to buy Shell's stake in Saudi refining JV for $631 million

Aramco aims to become a global leader in chemicals and the world's largest integrated energy firm, with plans to expand its refining operations and petrochemical output

India should be wary of getting too cosy with Saudi Aramco

The country is already too reliant on imported crude. Cozying up to the Middle Eastern giant will only make matters worse

Aramco in talks for 25% of Reliance's refining, petrochemical units: Report

A minority stake sale could fetch around $10 billion to $15 billion, valuing the Indian company's refining and petrochemicals businesses at around $55 billion to 60 billion, the report said

Saudi Aramco receives more than $60 billion in orders for bond debut

As part of its debut in the global debt market, Aramco has offered bonds in six portions, from three to 30 years, according to the people familiar with the matter

Forget Apple or Exxon, Saudi Aramco was the most profitable company in 2018

The credit rating, a first for Aramco, offers the first glimpse into the accounts of the company, which have remained secret since its nationalization in the late 1970s

Maharashtra to move planned Saudi Aramco refinery after farmers protest

Refinery will be built at a place where local population won't oppose the project, says Chief Minister Devendra Fadnavis.

Maharashtra puts land purchase for Saudi Aramco's $44-bn refinery on hold

The $44 billion refinery was seen as a game changer for both parties - offering India steady fuel supplies and meeting Saudi Arabia's need to secure regular buyers for its oil

Saudi Aramco eyes $150-bn gas investments over next decade, says CEO

Nasser also said Aramco plans to invest $100 billion over the next 10 years in chemicals globally

Saudi Aramco signs 31 agreements, MoUs worth $27.5 billion: CEO Nasser

The company did not provide details on the nature of the deals

Saudi Aramco plans to invest $500 billion in next 10 years, says CEO Nasser

Saudi company committed to IPO, awaits best timing: Nasser

Saudi Aramco set to invest in refinery-petrochemical project in east China

Last month, Saudi Aramco signed a long-term deal with the Zhejiang project's operator Zhejiang Rongsheng to supply crude oil.

Saudi Aramco set to invest heavily in Indian fuel retail, petrochem market

Saudi minister assures no supply shortage to India, believes conventional fuel will continue to dominate the energy sector

Aramco IPO still on cards, to take place by early 2021: Saudi crown prince

The planned listing of the world's biggest oil producer was to be the cornerstone of the kingdom's promised economic overhaul

Long waited Saudi Aramco IPO deferred? Elon Musk can sympathise

One obvious explanation for deferring the IPO further still is that while oil prices are far better than they were in early 2016, oil at $70-ish a barrel isn't enough to pull the trigger

Saudi Aramco in talks for stake with world's no. 4 chemical firm SABIC

The $20 billion project would build a complex that converts crude oil into chemicals directly, bypassing the refining stage

Saudi Aramco, Adnoc to join hands for petroleum retail in India

Adnoc to invest in Rs 3 trillion West Coast refinery