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Results for
aramco
221 Results-
Aramco announces expansion of its Saudi Arabia supply chain in boost to local jobs
Saudi Arabia’s energy giant Aramco announced Monday that it would be expanding its flagship program to increase local content, boost supply chains and ... Gulf -
Aramco results show troubling times until end of 2021 for national oil companies
The world’s largest oil and gas company Saudi Aramco released its third quarter results Tuesday, painting a bleak picture for the world’s national oil ... World -
Saudi Aramco Khurais oil facility recognized by World Economic Forum as world leader
Saudi Aramco, the Kingdom’s energy giant, has had its Khurais oil facility recognized by the World Economic Forum (WEF) as a leader in the adoption ... Energy -
Saudi Aramco reveals beekeeping, fishing, coffee farming among charity activities
Saudi Arabia’s energy giant Aramco has released details about its various corporate social responsibility (CSR) initiatives, including beekeeping and ... Energy -
Saudi Aramco reshuffles management amid coronavirus oil crunch
Saudi Aramco reshuffled its senior management and created a division focused on “portfolio optimization” as the world’s biggest oil producer adapts to ... Energy -
Saudi Arabia’s oil giant Aramco will continue plans to boost output capacity: CEO
Saudi Aramco is moving ahead with plans to boost crude output capacity by 1 million barrels per day (bpd) to 13 million bpd despite cuts in capital ... Energy -
Saudi Aramco still working on $15 billion oil refining deal with India’s Reliance
Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower ... Energy -
Saudi Arabia's oil giant Aramco announces it will reorganize its downstream business
State energy giant Saudi Aramco said on Tuesday that it will be reorganizing its downstream business to support its global growth strategy, aiming to ... Energy -
First Formula 1 race sponsored by Saudi Arabia’s Aramco takes place in Austria
The first Formula 1 race sponsored by Saudi Aramco took place on Sunday at the Austrian Grand Prix track.Mercedes racing driver Valtteri Bottas took ... Sports -
Saudi Aramco says SABIC megadeal is ‘key pillar’ in growth strategy
Saudi Aramco’s $69.1 billion deal to purchase a majority shareholding of Saudi Basic Industries Corp (SABIC) is a key pillar in the oil giant’s growth ... Energy -
Saudi Aramco to use cash, debt to pay its $18.75 bln dividend: CEO
Saudi Aramco will use a combination of cash and debt to pay its dividend of $18.75 billion for the first quarter of this year, the company’s chief ... Energy -
SABIC to keep identity and governance after $70 bln Aramco acquisition: CEO
Saudi Basic Industries Corp (SABIC) will maintain its identity and governance following the $70 billion acquisition of the petrochemical firm by oil ... Energy -
Saudi Arabia’s oil giant Aramco completes $70 billion SABIC megadeal
Saudi Aramco has completed a deal it reached last year to buy a 70 percent stake in Saudi Basic Industries Corp. for around $70 billion.Aramco will ... Energy -
Saudi Arabia’s oil giant Aramco buys 70 pct of SABIC for $69.1 billion in mega-deal
Saudi Aramco purchased 2.1 billion shares, or 70 percent, of Saudi Basic Industries Corp (SABIC) for 259 billion riyals ($69.1 billion) in four ... Economy -
Saudi Aramco raises June propane prices $10: Document
Saudi Arabian state oil giant Aramco has set its June contract price for propane at $350 a tonne, up from $340 in May, the company said on ... Energy -
Saudi Aramco reports fall in first quarter net profit following oil price plunge
Saudi Arabian state oil giant Aramco on Tuesday reported a 25 percent fall in first-quarter net profit, below analyst estimates, hurt by lower crude ... Energy -
Saudi Aramco reports multimillion-dollar donations to fight coronavirus pandemic
Saudi Aramco has announced that it has given millions of dollars in funding, support and materials to fight the coronavirus pandemic across the ... Coronavirus -
Saudi Aramco expects to move all downstream operations into separate entity
Saudi Aramco said income tax rate for its downstream activities was reduced to 20% from 50% effective from Jan 1, 2020, according to the company's ... Energy -
Saudi Aramco is ‘very comfortable’ with oil at $30 per barrel: CFO
Saudi Aramco is “very comfortable” with oil at $30 a barrel, CFO Khalid al-Dabbagh said on Monday during a conference call.The energy ... Energy -
Saudi’s local business landscape proves a major draw for foreign investors
A radical transformation is taking place that is changing the way the world does business with Saudi Arabia.So much is happening so quickly that, for ... Opinion -
Oil analyst Ellen Wald under fire for suggesting Iran “should shoot at Aramco”
“If Iran wants to hit Saudi, should shoot at Aramco in the third week of April,” American oil market commentator, analyst, and Senior ... World News -
Saudi Aramco will hike April crude oil supply to 12.3 mln barrels per day: CEO
Saudi Aramco will raise its crude supply, which includes oil to its customers inside the kingdom and abroad, to 12.3 million barrels per day (bpd) in ... Energy -
Saudi Aramco deal to buy minority stake in Reliance gathers pace: Sources
Reliance Industries Ltd.’s talks to sell a minority stake in its oil-to-chemical division to Saudi Aramco have been gathering pace in recent ... Energy -
Saudi oil giant Aramco to report 2019 results on March 16
Saudi Aramco will report 2019 full-year results on March 16, the oil giant said on its website on Friday, its first set of financial results after the ... Energy -
Aramco IPO proceeds to fund Saudi industry, including defense: Finance minister
Saudi Arabia will pump the proceeds from last month’s listing of oil giant Saudi Aramco into the local economy over several years, including ... Business -
Science, technology, innovation crucial to oil industry: Aramco Chairman
Saudi Aramco Chairman Yassir al-Rumayyan highlighted the importance of science, technology, and innovation to the future success of the global ... Energy -
Saudi Aramco’s record-breaking IPO grows to $29.4 billion
Saudi Aramco’s record-breaking initial public offering (IPO) has grown to $29.4 billion since the company chose to exercise the so-called ... Economy -
UN investigators find Yemen’s Houthis did not carry out Saudi oil attack
The Iran-backed Houthi militia in Yemen did not launch an attack on Saudi Arabia’s oil facilities in September, according to a confidential ... Gulf -
Saudi Aramco to move Italian naphtha to Asia; wins Milazzo tender
Saudi Arabia's Aramco Trading has for the first time inked a long-term supply tender with Italy and is preparing to move some of these barrels to Asia ... Energy -
Saudi Aramco says Saudi-Kuwaiti deal paves way for oil production resumption
Saudi Aramco on Wednesday said a new agreement between Saudi Arabia and Kuwait paves the way for the resumption of oil production in the neutral zone ... Energy