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Results for

saudi aramco

290 Results
  • Saudi Arabia makes four new oil, gas discoveries: Energy minister

    Saudi Arabia makes four new oil, gas discoveries: Energy minister

    Saudi Aramco has discovered four new oil and gas fields in Saudi Arabia, the Minister of Energy Prince Abdulaziz bin Salman announced on Sunday, ...
    Gulf
  • Aramco announces expansion of its Saudi Arabia supply chain in boost to local jobs

    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
  • First Formula One race in Gulf sponsored by Saudi Aramco takes place in Bahrain

    First Formula One race in Gulf sponsored by Saudi Aramco takes place in Bahrain

    The first Formula One auto race in the Arabian Gulf that is sponsored by Saudi Arabia’s energy giant Aramco is set to take place in Manama, Bahrain on ...
    Gulf
  • Saudi Aramco reports $11.8 bln net profit for Q3 2020, down 45 pct amid coronavirus

    Saudi Aramco reports $11.8 bln net profit for Q3 2020, down 45 pct amid coronavirus

    Saudi Arabia’s energy giant Aramco reported 44.21 billion riyals ($11.79) in net profit for the third quarter of 2020 on Tuesday, a 44.6 percent drop ...
    Energy
  • Saudi Arabia’s oil giant Aramco announces increased fuel prices at the petrol pumps

    Saudi Arabia’s oil giant Aramco announces increased fuel prices at the petrol pumps

    Saudi Aramco, the Kingdom’s energy giant, announced it would raise its domestic gasoline prices for August
    Energy
  • Saudi Aramco receives unconditional clearance from EU on SABIC purchase

    Saudi Aramco receives unconditional clearance from EU on SABIC purchase

    Saudi Aramco, the Kingdom’s energy giant, has received unconditional clearance from the European Commission for its proposed acquisition of a 70 ...
    Energy
  • Saudi Aramco CEO: Coronavirus impact on oil demand to be short-lived

    Saudi Aramco CEO: Coronavirus impact on oil demand to be short-lived

    Saudi Aramco expects the coronavirus impact on oil demand to be short-lived and for consumption to rise in the second half of the year, Chief ...
    Energy
  • Saudi Arabia plans $110 bln investment to develop al-Jafurah gas field

    Saudi Arabia plans $110 bln investment to develop al-Jafurah gas field

    Saudi Arabia said it is ushering in a new era in gas as it announced plans to develop the al-Jafurah field in the eastern region with a $110 ...
    Energy
  • Some Asian buyers take less Saudi Arabian oil on demand hit from coronavirus

    Some Asian buyers take less Saudi Arabian oil on demand hit from coronavirus

    At least three Asian oil refiners will take delivery of less Saudi Arabian crude than planned in March as the coronavirus dents demand for fuel and ...
    Energy
  • Saudi Aramco sees increase in attempted cyber attacks

    Saudi Aramco sees increase in attempted cyber attacks

    Saudi Aramco has seen an increase in attempted cyber attacks since the final quarter of 2019, which the company has so far successfully countered, its ...
    Technology
  • Yemen’s Houthis say have targeted Saudi Aramco facilities in Jizan

    Yemen’s Houthis say have targeted Saudi Aramco facilities in Jizan

    Yemen’s Iran-backed Houthi militia has targeted facilities belonging to Saudi Aramco in Jizan on the Red Sea, its military spokesman said on ...
    Gulf
  • Top articles of 2019 on Al Arabiya English

    Top articles of 2019 on Al Arabiya English

    From the Arab world, Al Arabiya English brought you the leading, breaking news stories in 2019. Here are our editor’s picks from our most-read ...
    Features
  • Goldman may stabilize Saudi Aramco shares following IPO

    Goldman may stabilize Saudi Aramco shares following IPO

    Saudi Aramco said that Goldman Sachs may stabilize its shares after a record initial public offering earlier this month.Stabilization agents support ...
    Energy
  • 6 major factors that shaped the global economy in 2019

    6 major factors that shaped the global economy in 2019

    As global markets begin to snap out of their trade war-induced slumber, optimism is slowly returning among investors and economists. Trade tensions, ...
    Business
  • Saudi Aramco IPO set to kick off new listings, divestments in the Gulf region

    Saudi Aramco IPO set to kick off new listings, divestments in the Gulf region

    Saudi Aramco’s successful listing on the Saudi Stock Exchange (Tadawul) could kick off other initial public offerings (IPOs) and energy ...
    Financial Markets
  • Saudi Aramco stock dips as it gets added to MSCI, Tadawul indices

    Saudi Aramco stock dips as it gets added to MSCI, Tadawul indices

    Saudi Aramco’s shares opened lower at 37.50 riyals on the Saudi Stock Exchange (Tadawul) following its inclusion in the MSCI, Tadawul indices on ...
    Financial Markets
  • Here’s how Saudi Aramco’s valuation compares to these global economies

    Here’s how Saudi Aramco’s valuation compares to these global economies

    With a market value above $2 trillion, Saudi Aramco has entered the same league as some developed economies. If Aramco was a state, it could have been ...
    Business
  • Saudi Arabian exchange drops even as Aramco hits $2 trillion valuation

    Saudi Arabian exchange drops even as Aramco hits $2 trillion valuation

    Saudi Arabia’s main index fell in morning trading on Thursday even as Saudi Aramco’s stock soared over 9 percent on its second day of ...
    Financial Markets
  • Saudi Aramco touches $2 trillion mark amid strong investor demand on day two

    Saudi Aramco touches $2 trillion mark amid strong investor demand on day two

    Saudi Aramco’s shares ended their second day about 15 percent higher than the company’s IPO price, and fetched the oil giant a valuation ...
    Financial Markets
  • Non-Saudi Arabian investors get 23 pct of Aramco IPO institutional tranche

    Non-Saudi Arabian investors get 23 pct of Aramco IPO institutional tranche

    Non-Saudi Arabian investors in Saudi Aramco's initial public offering (IPO) have been allocated 23.1 percent of the institutional portion, Samba ...
    Energy
  • Saudi Aramco’s IPO value could rise to $29.4 billion: Banker

    Saudi Aramco’s IPO value could rise to $29.4 billion: Banker

    The proceeds from Saudi Aramco’s record initial public offering could rise to $29.4 billion should the oil giant exercise an option to sell 15 ...
    Business
  • Saudi Aramco’s historic IPO: Fact versus fiction

    Saudi Aramco’s historic IPO: Fact versus fiction

    Saudi Aramco has set two world records, the first as the biggest ever Initial Public Offering (IPO), giving it the second record: the world’s ...
    news
  • Saudi Aramco will hit $2 trillion valuation soon after float: Energy Minister

    Saudi Aramco will hit $2 trillion valuation soon after float: Energy Minister

    Saudi Aramco may float on the stock market at a valuation below the $2 trillion the Kingdom initially targeted, but it will soon rise above that level ...
    Energy
  • Saudi Aramco shares to start trading Dec 11: Tadawul exchange

    Saudi Aramco shares to start trading Dec 11: Tadawul exchange

    Saudi Aramco shares will start trading on Dec. 11, the Saudi securities exchange Tadawul said on Twitter on Friday.The Saudi oil giant priced on ...
    Energy
  • Saudi Aramco institutional bids amount to 189.04 bln riyals in first 17 days

    Saudi Aramco institutional bids amount to 189.04 bln riyals in first 17 days

    Saudi Aramco has received orders worth 189.04 billion riyals ($50.4 billion) for the institutional tranche of its planned initial public offering ...
    Financial Markets
  • Saudi Aramco IPO receives $38.4 bln in orders from institutional tranche

    Saudi Aramco IPO receives $38.4 bln in orders from institutional tranche

    The institutional portion of Saudi Aramco’s initial public offering (IPO) on the Saudi Stock Exchange (Tadawul) has received  144.1 billion ...
    Business
  • Saudi exchange to limit Aramco index weighting with cap

    Saudi exchange to limit Aramco index weighting with cap

    Saudi Arabia’s Tadawul said on Monday that it has introduced an equity index cap of 15 percent, a move which will address concerns over the ...
    Business
  • Aramco IPO completes retail portion oversubscribed, $12.64 bln in orders: Samba

    Aramco IPO completes retail portion oversubscribed, $12.64 bln in orders: Samba

    Saudi Aramco completed the retail portion of its initial public offering (IPO) with 47.4 billion riyals ($12.64 billion) in orders on Thursday, ...
    Financial Markets
  • Saudi Aramco IPO gets $44.3 bln in bids so far: Samba

    Saudi Aramco IPO gets $44.3 bln in bids so far: Samba

    Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public ...
    Financial Markets
  • Cost of India refinery project with Aramco, ADNOC estimated at $70 bln

    Cost of India refinery project with Aramco, ADNOC estimated at $70 bln

    The cost of a giant oil and petrochemicals refinery project to be built jointly by Saudi Aramco and Abu Dhabi National Oil Co. (ADNOC) in India is ...
    Energy
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