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Page 5 - Saudi Aramco

Saudi Aramco's first-quarter profits up by 30% amid higher crude oil prices

Aramco is more than 98 per cent owned by the Saudi government

Saudi Aramco's first-quarter profits up by 30% amid higher crude oil prices
Updated On : 05 May 2021 | 12:02 AM IST

Saudi Aramco beats first-quarter profit forecast, keeps dividend

Saudi Arabian state oil producer Aramco on Tuesday beat analysts' forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices

Saudi Aramco beats first-quarter profit forecast, keeps dividend
Updated On : 04 May 2021 | 1:40 PM IST

Sorry, Saudi Aramco, Reliance Industries just isn't that into you

Reliance Industries Ltd, owner of the world's biggest oil refinery, has been dancing the quadrille with Saudi Aramco for nearly two years

Sorry, Saudi Aramco, Reliance Industries just isn't that into you
Updated On : 29 Apr 2021 | 10:05 PM IST

Mukesh Ambani doesn't have much need for a 1% stake in Saudi Aramco

Reliance Industries, a business that's flush with cash and sees its future in technology and zero-carbon chemicals, doesn't really need what Saudi Aramco is offering

Mukesh Ambani doesn't have much need for a 1% stake in Saudi Aramco
Updated On : 29 Apr 2021 | 3:24 PM IST

RIL gains 2% on report co discusses stake sale with Aramco; up 7% this week

According to a report by Financial Times, RIL has held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm

RIL gains 2% on report co discusses stake sale with Aramco; up 7% this week
Updated On : 29 Apr 2021 | 10:12 AM IST

Major Chinese investors in talks to buy stake in Saudi's oil firm Aramco

Saudi Arabia's state oil firm Aramco prepares to sell a slice of its business to international investors

Major Chinese investors in talks to buy stake in Saudi's oil firm Aramco
Updated On : 29 Apr 2021 | 9:16 AM IST

Saudis in Talks to Sell Aramco Stake to Global Energy Firm

The kingdom is looking at the potential sale -- which could be worth about $19 billion, based on the company's market value -- as a way to lock in customer demand for the country's crude

Saudis in Talks to Sell Aramco Stake to Global Energy Firm
Updated On : 29 Apr 2021 | 1:00 AM IST

Reliance, Saudi Aramco discuss cash and share stake deal: Report

Reliance is reported to have held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm

Reliance, Saudi Aramco discuss cash and share stake deal: Report
Updated On : 28 Apr 2021 | 8:49 PM IST

Saudi Arabia in talks to sell 1% of Aramco, says crown prince Salman

DUBAI (Reuters) - Saudi Arabia's crown prince said in televised remarks on Tuesday that the kingdom was in discussions to sell 1% of state oil firm Saudi Aramco <2222.SE> to a leading global energy company.

Saudi Arabia in talks to sell 1% of Aramco, says crown prince Salman
Updated On : 28 Apr 2021 | 1:54 PM IST

Yemen's Houthis claim attack on Aramco facility; no Saudi confirmation

The military coalition led by Saudi Arabia intervened in Yemen against the Iran-aligned Houthis in 2015.

Yemen's Houthis claim attack on Aramco facility; no Saudi confirmation
Updated On : 23 Apr 2021 | 2:38 PM IST

$12.5-bn pipeline deal shows oil still king for investors in Saudi Arabia

EIG makes one of the biggest direct investments in the country; Aramco deal shows country's reliance on core energy

$12.5-bn pipeline deal shows oil still king for investors in Saudi Arabia
Updated On : 14 Apr 2021 | 3:55 PM IST

Yemeni Houthis claim drone attack on Saudi Aramco's oil facilities

While attacks on Saudi cities and energy installations have increased this year, they rarely claim lives or cause extensive damage

Yemeni Houthis claim drone attack on Saudi Aramco's oil facilities
Updated On : 12 Apr 2021 | 4:54 PM IST

Saudi Aramco agrees $12.4 billion deal to sell stake in pipelines

Consortium of investors led by US-based group buys 49% stake in newly formed venture

Saudi Aramco agrees $12.4 billion deal to sell stake in pipelines
Updated On : 10 Apr 2021 | 2:08 PM IST

Saudi Arabia's listed firms to cut payouts for Prince's $1.3-trn plan

The companies will benefit from extra subsidies and the ability to lobby for law changes

Saudi Arabia's listed firms to cut payouts for Prince's $1.3-trn plan
Updated On : 31 Mar 2021 | 10:59 PM IST

India's energy alliance with Saudi totters after years of co-operation

India is the third largest market for Saudi crude. But after a year of Covid, the latter isn't keen to let prices hover at under $80 a barrel, the break even at which its budget wipes off red stainsi

India's energy alliance with Saudi totters after years of co-operation
Updated On : 31 Mar 2021 | 7:08 PM IST

Saudi announces $1.3 trn pvt sector investment push led by Aramco, SABIC

The move aims to mobilise the Gulf Arab state's private sector to help wean the economy off its reliance on oil exports, which still account for more than half the state's income

Saudi announces $1.3 trn pvt sector investment push led by Aramco, SABIC
Updated On : 31 Mar 2021 | 9:24 AM IST

Reliance Industries-Saudi Aramco deal likely if crude oil averages $65

The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company

Reliance Industries-Saudi Aramco deal likely if crude oil averages $65
Updated On : 26 Mar 2021 | 4:02 PM IST

Saudi Aramco hints talks are on with RIL for O2C business: Morgan Stanley

Recently, Reliance Industries announced carving out of the O2C business as a separate subsidiary to support strategic partnerships

Saudi Aramco hints talks are on with RIL for O2C business: Morgan Stanley
Updated On : 23 Mar 2021 | 8:06 PM IST

Saudi Aramco to prioritise energy supply to China for 50 years, says CEO

Saudi Aramco will ensure China's energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser said

Saudi Aramco to prioritise energy supply to China for 50 years, says CEO
Updated On : 22 Mar 2021 | 9:51 AM IST

Aramco's $75 billion dividend survives biggest oil, earnings disruptions

The world's biggest oil company has taken on more debt in the past 12 months to keep up the dividend in the face of dwindling cash flow, though its gearing remains below that of firms such as Royal Du

Aramco's $75 billion dividend survives biggest oil, earnings disruptions
Updated On : 22 Mar 2021 | 7:43 AM IST