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Results for
Saudi Aramco
34 Results-
SABIC first quarter profit up 33 pct on higher prices, volumes
Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemicals firms, said on Thursday its first quarter net profit rose 33 percent ... Energy -
Saudi Aramco becomes world’s most valuable company, dethrones Apple
Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares and tech stocks slumped.For the ... Gulf -
Middle East helps Europe fill diesel void as Russian flows slump amid war, sanctions
Middle Eastern petrostates are helping Europe make up for a drop in diesel supplies from Russia.Flows of the transport fuel from the Arabian Gulf to ... Gulf -
US sanctions Iran ballistic missile program supplier after Saudi Aramco, Erbil attack
The attacks are a “reminder that Iran’s development and proliferation of ballistic missiles continues to pose a serious threat to international security,” the Treasury Department said. Middle East -
Oil prices up more than $6 as EU considers embargo on Russian oil
Oil prices jumped by more than $6 on Monday, with Brent crude climbing above $114 a barrel, as European Union nations considered joining the United ... Energy -
Saudi Aramco seals long-term partnership with F1’s Aston Martin team
Saudi Aramco and Formula One’s Aston Martin Cognizant team have announced a long-term partnership that entails sponsorship rights and joint efforts in ... Gulf -
Aramco’s Rumayyan: IKTVA drew 500 investments to Saudi Arabia with CapEx of $7 bln
Saudi Aramco’s IKTVA program has attracted more than 500 investments inside Saudi Arabia with an estimated capital expenditure of $7 billion, Chairman ... Gulf -
Saudi Aramco aims to achieve net-zero emissions from operations by 2050: CEO
Saudi Aramco aims to achieve net zero emissions from its operations by 2050 while also building hydrocarbon capacity and expanding its maximum ... Gulf -
Aramco touches $2 trln, in sight of Apple’s place as world’s most valuable company
Saudi Aramco is close to claiming the prized position of the world’s most valuable company from Apple Inc.The Saudi state oil giant has soared on the ... Energy -
Saudi Arabia aims to deploy 50 pct of investments in renewable, sustainable sources
Saudi Arabia aims to deploy 50 percent of its investments in renewable and sustainable power sources, the governor of the Kingdom’s Public Investment ... Gulf -
Italy’s Saipem inks investment MoU with Saudi Aramco
Italian energy services group Saipem has signed an agreement with Saudi Aramco to examine setting up a company to do engineering, procurement and ... Energy -
Saudi Aramco aims to raise at least $17 bln from gas pipeline stake sale: Sources
Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 ... Energy -
Saudi Aramco eyes big percentage share of hydrogen market
Saudi Aramco is looking for off-take agreements for hydrogen in its key markets to expand its output and sees strong potential for growth, CEO Amin ... Energy -
Saudi Aramco looking for more deals to offer to investors, says CEO
Saudi Aramco is scouting for other potential deals to offer to investors and unlock capital, Chief Executive Amin Nasser said on Monday, after the oil ... Energy -
Saudi Aramco’s Q2 profits more than doubles on higher oil prices, demand recovery
Saudi Arabian state oil producer Aramco reported a near four-fold rise in second-quarter net profit on Sunday, beating expectations and boosted by ... Energy -
Saudi Aramco addresses reports that it will begin mining Bitcoins
Saudi Aramco has released a statement addressing reports that the company will begin mining Bitcoins.For the latest headlines, follow our Google News ... Gulf -
Indian energy giant Reliance expects Saudi Aramco deal to formalize this year
Reliance Industries Ltd said on Thursday it hopes to formalize its partnership with Saudi Aramco this year and its Chairman Yasir Al-Rumayyan will ... Energy -
Saudi Aramco raises $6 billion in debut Islamic bond sale
Saudi Aramco on Thursday said it raised $6 billion from its first dollar-denominated Islamic bond sale, as the energy giant seeks capital to fund its ... Energy -
Saudi Aramco locks in another $6 billion with debut sukuk
Saudi Arabian oil giant Aramco locked in another $6 billion on Wednesday to help fund a large dividend as it returned to the international debt ... Energy -
Saudi Aramco launches first dollar sukuk bond: Term sheet
Saudi Aramco launched its first US dollar-denominated sukuk bond on Wednesday which will be issued in three tranches, according to a term sheet seen ... Energy -
Major Chinese investors in talks to take Aramco stake: Reuters
Major Chinese investors are in talks to buy a stake in Saudi Aramco, several sources told Reuters on Wednesday, as Saudi Arabia’s state oil firm ... Energy -
Saudi Aramco selling $12.4 billion stake in pipeline rights unit
Investors led by EIG Global Energy Partners LLC agreed to acquire a roughly $12.4 billion stake in a Saudi Aramco oil-pipeline rights company.The ... Energy -
Saudi Arabia increases Arab light crude oil price to Asia by $0.4/barrel in May
Saudi Arabia increased the price of its Arab light crude for the Asian market by $0.4/barrel in May, compared to April, and lowered those for the US ... Energy -
Saudi Aramco private investment plan voluntary, not state imposed: CEO Amin Nasser
Saudi Aramco said on Wednesday the government had no plans to impose private partnerships on the oil giant, after it launched a program to support ... Economy -
Saudi Aramco to prioritize China’s energy security for 50 years: CEO Amin Nasser
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 ... Energy -
Saudi Aramco says oil profit slid 44.4 pct in 2020
Energy giant Saudi Aramco on Sunday posted a 44.4 percent slump in 2020 net profit due to lower crude prices, as the coronavirus pandemic weighed ... Energy -
Aramco to bring Google Cloud services to customers in Saudi Arabia
Saudi Aramco Development Co, a subsidiary of Aramco, has teamed up with Google Cloud to offer cloud services to customers in Saudi Arabia, Aramco said ... Technology -
Saudi Aramco forms joint venture with Baker Hughes to develop non-metallic products
Oil giant Saudi Aramco and energy services company Baker Hughes have formed a 50/50 joint venture, Novel, to develop a broad range of non-metallic ... Energy -
Saudi Aramco hires bankers for dollar-denominated multi-tranche bond deal
Saudi Aramco said on Monday it had hired banks for a multi-tranche US dollar-denominated bond issuance, as the world’s largest oil company seeks cash ... Energy -
Saudi Aramco mulls pipeline deal worth over $10 bln with BlackRock, others
Saudi Aramco is in talks with BlackRock and other investors on a planned deal worth over $10 billion to sell a stake in its pipeline business, sources ... Energy