Page 7 - Saudi Aramco

Saudi Aramco gets $8 billion with jumbo five-part bond deal: Report

The move is part of an onslaught on international debt markets by Gulf issuers seeking to plug finances hit by the pandemic and weak oil prices

Saudi Aramco markets five-tranche bonds, seeking cash amid cheap oil

DUBAI (Reuters) - Saudi Aramco <2222.SE> began marketing a five-tranche U.S. dollar-denominated bond sale on Tuesday, as the world's largest oil producer seeks cash after low oil prices dented its finances.

Aramco plans debt market comeback with multi-tranche bond deal

The announcement comes as Gulf issuers show no sign of slowing this year's blitz on international debt markets as they seek to plug finances hit by weaker oil prices and the coronavirus crisis

Saudi Arabia claims it thwarted attack on an oil facility near Yemen

Saudi claimed it thwarted an attack by Yemen's Iran-backed rebels that sparked a fire near an Aramco oil distribution centre, involving unmanned boats loaded with explosives dispatched into Red Sea

Reliance Industries' deal talks with Saudi Aramco gaining momentum: Report

The deal, estimated to be about $15 billion as of August last year, had stalled over price

Saudi Aramco dividend remains unchanged despite 45% slump in profit

The state energy firm's free cash flow was $12.4 billion between July and September, compared with $20.6 billion a year earlier

Saudi Aramco's third-quarter profit falls 44.6% to 44.21 billion riyals

DUBAI (Reuters) - Saudi Arabian state oil group Aramco <2222.SE> on Tuesday reported a 44.6% drop in third-quarter net profit, in line with analysts' estimates, dented by lower crude oil prices and volumes sold as the coronavirus crisis choked demand.

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

Aramco, Adnoc committed to $44 bn west coast refinery project: IOC Chairman

Saudi Aramco and Adnoc are still committed to investing in the planned $44 billion west coast refinery-cum-petrochemical project, the Chairman of the project's lead Indian partner said on Thursday

Rosneft, Saudi Aramco unlikely to bid in BPCL privatisation: Report

A source said that Aramco has halted most of its investment plans into India due to the oil price crash and is unlikely to bid for BPCL

Our strategic objectives remain unchanged despite Covid: Saudi ambassador

"Bilateral trade between Saudi Arabia and India has increased significantly in the last two years, from $27 billion in 2018 -19 to $34 billion in 2019-2020"

Saudi Arabia reduces oil prices in sign demand recovery struggling

Aramco cut Arab Light to Asia to a discount against the benchmark oil price used by the Saudis for the first time since June

Saudi Aramco discovers two oil, gas fields in north of Kingdom: Report

The nearby Abraq at-Tulul field has started producing 3,000 barrels a day of crude, 49,000 barrels of condensates and 1.1 million cubic feet of gas

What Saudi Aramco's cut in capex could mean for mega deals in India

The oil producer is a JV partner with Indian state-run oil refiners to set up a mega refinery, and also plans to pick a stake in RIL's O2C business

Aramco reshuffles top management, Al Naimi to head upstream segment

The moves come as Aramco adjusts to the reality of oil at $40 a barrel

Aramco sets up corporate development organisation to optimise portfolio

The organisation will be led by Senior Vice President Abdulaziz M. Al-Gudaimi and will start operations on September 13

Aramco suspends $10-bn China oil refinery venture as it plans capex cuts

Aramco plans deep cuts to its capital spending as it tries to maintain a $75-bn dividend amid low crude prices and rising debt

Apple becomes first US company to cross $2 trillion in market value

Shares in the company have surged since blowout quarterly results in July that saw the iPhone maker eclipse Saudi Aramco as the world's most valuable listed company

In pics: Reliance in Fortune's top 100 global companies; see top 10 list

According to the Fortune, this year, Global 500 companies employ 69.9 million people. Check out the list to know more

Saudi Aramco plans further spending cuts to pay for dividend: Report

The report says the new level of capital spending is largely dedicated to the state-owned group's exploration and production business and will hold for the next three years