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Results for

Aramco

77 Results
  • Zhejiang Petrochemical to sell 10 percent stake in Rongsheng Petrochemical to Aramco

    Zhejiang Petrochemical to sell 10 percent stake in Rongsheng Petrochemical to Aramco

    Chinese private refiner Zhejiang Petrochemical has agreed to sell 1 billion shares in its trading arm, Rongsheng Petrochemical, to Saudi Arabian Oil ...
    Energy
  • Aramco affirms support for China’s energy security

    Aramco affirms support for China’s energy security

    Saudi Arabian oil giant Aramco affirmed on Sunday its support for China’s long-term energy security and development, the company’s CEO Amin Nasser ...
    Energy
  • Saudi Aramco signs MoU with Samsung on localizing 5G tech

    Saudi Aramco signs MoU with Samsung on localizing 5G tech

    Saudi energy giant Aramco signed an agreement with Korean tech behemoth Samsung to localize 5G technology in the Kingdom.The state-run Saudi Press ...
    Technology
  • Saudia official global airline partner for Aston Martin Formula One team, 2023 season

    Saudia official global airline partner for Aston Martin Formula One team, 2023 season

    Saudia, the flagship carrier of Saudi Arabia, has been named the official airline partner of the Aston Martin Aramco Cognizant Formula One (AMF1) team ...
    Saudi Arabia
  • Aramco’s Nasser says oil market tightly balanced

    Aramco’s Nasser says oil market tightly balanced

    Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to medium term, adding that he was ...
    Energy
  • Hong Kong’s  Lee in Saudi Arabia, aims to encourage Aramco to list in city

    Hong Kong’s Lee in Saudi Arabia, aims to encourage Aramco to list in city

    Hong Kong Chief Executive John Lee is seeking to convince oil giant Saudi Aramco and its units to consider a secondary listing in the Asian financial ...
    Economy
  • Japan, Saudi Aramco extend Okinawa crude storage deal

    Japan, Saudi Aramco extend Okinawa crude storage deal

    Japan Organization for Metals and Energy Security (JOGMEC) has renewed a deal with Saudi Aramco for crude oil storage on the island of Okinawa for ...
    Energy
  • Aramco and TotalEnergies to build $11 bln petrochemical complex in Saudi Arabia

    Aramco and TotalEnergies to build $11 bln petrochemical complex in Saudi Arabia

    Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group ...
    Saudi Arabia
  • Saudi Arabia lowers January Arab Light crude official prices to Asia: Aramco

    Saudi Arabia lowers January Arab Light crude official prices to Asia: Aramco

    Saudi Arabia lowered the January official selling prices (OSPs) for the flagship Arab light crude it sells to Asia to plus $3.25 a barrel versus the ...
    Energy
  • Saudi Aramco’s oil subsidiary Luberef expects to raise up to $1.32 bln from IPO

    Saudi Aramco’s oil subsidiary Luberef expects to raise up to $1.32 bln from IPO

    Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise up to 4.95 billion riyals ($1.32 billion) from its initial public offering, it ...
    Energy
  • Saudi Aramco gets regulator nod for Luberef IPO

    Saudi Aramco gets regulator nod for Luberef IPO

    Saudi oil giant Aramco’s base oil subsidiary, Luberef, has received the green light from the Kingdom’s stock market regulator for an initial public ...
    Energy
  • Aramco signs $11 bln worth of deals to create around 5,000 jobs for Saudis

    Aramco signs $11 bln worth of deals to create around 5,000 jobs for Saudis

    Saudi Arabia’s state oil company Aramco signed 59 new agreements worth $11 billion, the official Saudi Press Agency (SPA) reported on Tuesday.For the ...
    Saudi Arabia
  • Saudi Arabian utility Marafiq’s IPO draws $53 billion in orders

    Saudi Arabian utility Marafiq’s IPO draws $53 billion in orders

    Saudi Arabian utility Marafiq priced its initial public offering at the top of a marketed range to raise 3.36 billion riyals ($897 million) in the ...
    Financial Markets
  • Saudi Aramco helps save endangered animals, protect wildlife in the desert

    Saudi Aramco helps save endangered animals, protect wildlife in the desert

    Saudi Arabia’s state oil giant Aramco is helping save endangered animals and protect the Kingdom’s diverse wildlife as part of its ongoing commitment ...
    Features
  • Shell, Aramco CEOs say tight global oil supply can’t be reversed easily

    Shell, Aramco CEOs say tight global oil supply can’t be reversed easily

    The oil market is not focusing on the fact that global spare capacity to raise oil production is very low, Saudi Aramco’s chief executive said on ...
    Energy
  • Europe’s energy crisis plans are only a short-term solution: Aramco CEO

    Europe’s energy crisis plans are only a short-term solution: Aramco CEO

    The head of Saudi state oil giant Aramco said on Tuesday Europe’s plans to cap energy bills for consumers and tax energy companies were not long-term ...
    Energy
  • BlackRock courts investors ahead of Aramco oil pipelines bond sale: Report

    BlackRock courts investors ahead of Aramco oil pipelines bond sale: Report

    BlackRock Inc has held meetings with investors in London to drum up interest in a bond sale to begin refinancing a $13.4 billion loan that backed the ...
    Energy
  • Saudi Aramco could take a stake in Renault’s future thermal engine unit: Report

    Saudi Aramco could take a stake in Renault’s future thermal engine unit: Report

    Aramco could take a stake in Renault’s future thermal engine unit, Le Monde reported on Thursday, after Reuters reported this week that the French ...
    Technology
  • Saudi Aramco profit soars on higher prices and refining margins

    Saudi Aramco profit soars on higher prices and refining margins

    Saudi Arabian state oil producer Aramco reported a 90 percent rise in second-quarter profit on Sunday, beating analyst expectations, boosted by higher ...
    Energy
  • Aramco, Sinopec sign MoU to collaborate on projects in Saudi Arabia

    Aramco, Sinopec sign MoU to collaborate on projects in Saudi Arabia

    Saudi Arabian Oil Company (Aramco) signed on Wednesday a Memorandum of Understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) ...
    Energy
  • Aramco and Cognite join forces to launch new data venture in Saudi Arabia

    Aramco and Cognite join forces to launch new data venture in Saudi Arabia

    Saudi Aramco and Cognite, a global leader in industrial software, announced on Sunday launching CNTXT; a joint venture based in Saudi Arabia which ...
    Energy
  • Aramco CEO warns of global oil crunch due to lack of investment

    Aramco CEO warns of global oil crunch due to lack of investment

    The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of ...
    Energy
  • Saudi Aramco weighs IPO of trading unit amid oil boom

    Saudi Aramco weighs IPO of trading unit amid oil boom

    Saudi Aramco is considering an initial public offering of its trading arm amid a boom in oil prices in what could be one of the world’s biggest ...
    Energy
  • Saudi Aramco announces $39.5 billion net profit for Q1 2022

    Saudi Aramco announces $39.5 billion net profit for Q1 2022

    State-owned oil producer Saudi Aramco on Sunday reported an almost 82 percent rise in first-quarter net income, broadly in line with analyst forecasts ...
    Gulf
  • Saudi Aramco signs MoU with Thailand’s PTT

    Saudi Aramco signs MoU with Thailand’s PTT

    Saudi Aramco and Thailand’s PTT have signed a memorandum of understanding (MoU) to deepen energy cooperation in Thailand.For the latest headlines, ...
    Gulf
  • ‘Hostile operation’ targeted Aramco facility in Jeddah: Arab Coalition

    ‘Hostile operation’ targeted Aramco facility in Jeddah: Arab Coalition

    The Arab Coalition said that a “hostile” operation by Yemen’s Iran-backed Houthi militia targeted an Aramco oil facility in Jeddah on Friday.The ...
    Gulf
  • Saudi’s PIF signs 5 agreements in push to establish MENA voluntary carbon market

    Saudi’s PIF signs 5 agreements in push to establish MENA voluntary carbon market

    Saudi Arabia’s Public Investment Fund (PIF) has announced five leading Saudi businesses have signed memoranda of understanding to become its first ...
    Energy
  • Saudi Arabia reaffirms ‘essential role’ of OPEC+ oil agreement  

    Saudi Arabia reaffirms ‘essential role’ of OPEC+ oil agreement  

    Saudi Arabia’s cabinet reaffirmed on Tuesday “the essential role” of the OPEC+ agreement in terms of bringing balance and stability to oil markets, ...
    Gulf
  • Houthi attacks on oil facilities should be of global concern: Saudi Aramco chief

    Houthi attacks on oil facilities should be of global concern: Saudi Aramco chief

    Saudi Arabia’s Aramco chief Amin Nasser said on Monday that escalating attacks by Yemen’s Iran-backed Houthis against oil installations in the Kingdom ...
    Energy
  • Saudi Arabia not responsible for oil shortages in light of Houthi attacks: Official

    Saudi Arabia not responsible for oil shortages in light of Houthi attacks: Official

    Saudi Arabia said on Monday it would not bear responsibility for any global oil supply shortages after attacks on its oil facilities by the ...
    Gulf
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