saudi aramco
- Middle East
Saudi Aramco looks for investment prospect in India
Days after Reliance Industries Ltd. cancelled a deal to sell a stake in its oil-to-chemicals operation to Saudi Aramco, the Middle Eastern corporation indicated it will continue to search for other investment…
- Business
RIL, Saudi Aramco to re-evaluate proposed investment in O2C
Mumbai: Reliance Industries Limited (RIL) and Saudi Aramco have mutually agreed to re-evaluate the proposed investment of the latter in RIL’s ‘O2C’. Consequently, the current application with the NCLT for segregating the…
- Business
ONGC, Saudi Aramco sign feedstock and marketing MoU
New Delhi: To explore a strategic alliance on a broad range of energy prospects, public sector oil and gas explorer Oil and Natural Gas Corporation Limited (ONGC) has inked a Memorandum of…
- Business
Global energy giants may join BPCL privatisation race
New Delhi: Global oil companies are likely to partner with major investment funds which already have submitted Expressions of Interest (EoI) for the state-run BPCL. Along with Anil Agarwal-led Vedanta, Apollo Global…
- Middle East
Saudi Aramco facing $50M cyber extortion over leaked data
Dubai: Saudi Arabia’s state oil giant acknowledged Wednesday that leaked data from the company files now apparently being used in a cyber-extortion attempt involving a USD 50 million ransom demand likely came…
- Middle East
Saudi Aramco chairman to join RIL Board
Mumbai:Â In a major development in the much anticipate Reliance Industries, Saudi Aramco partnership, Yasir Al-Rumayyan, the Chairman of Saudi Aramco will join the RIL board as an Independent Director, announced RIL CMD…
- Business
Microsoft 2nd US firm to pass $2 trillion market cap
San Francisco: Tech giant Microsoft reached a $2 trillion market capitalisation in trading, joining a small group of global companies that have crossed that threshold — including Apple. Apple reached its own…
- Business
Saudi Aramco announces completion of share sale worth $12.4bn
Riyadh: Saudi Aramco has announced the completion of a $12.4 billion sale in its natural gas pipeline to an international investor consortium. The consortium consists of a broad cross-section of investors from…
- Middle East
Saudi Aramco’s Q1 net profit rises by 30%
Riyadh: Saudi Arabia’s oil giant Aramco said on Tuesday that its net profit increased by 30 per cent in the first quarter of 2021, due to higher oil prices and an improved economic…
- Middle East
Saudi Aramco’s Q1 net profit rises by 30%
Riyadh: Saudi Arabia’s oil giant Aramco said on Tuesday that its net profit increased by 30 per cent in the first quarter of 2021, due to higher oil prices and an improved…
- Middle East
Saudi King issues royal orders, appoints son as special advisor
Riyadh: The Saudi monarch, King Salman bin Abdulaziz Al Saud, on Monday, issued royal orders, one of which includes appointing his son Prince Sultan as his special advisor, as well as naming…
- Middle East
Oil giant Saudi Aramco sees 2020 profits drop to USD 49 billion
Dubai: Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to USD 49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets.…
- Middle East
Saudi Arabia: Drones attack Riyadh oil facility; no damage
Dubai: A drone attack struck an oil installation in Saudi Arabia’s capital of Riyadh on Friday, the Saudi state-run news agency reported, igniting a blaze at the facility deep in the kingdom’s territory.…
- World
Pakistan plans to develop oil city in Gwadar
Islamabad: The Pakistan government is planning to develop a massive oil city in Gwadar district in Balochistan province with an aim to host Saudi Arabia’s $10 billion Aramco oil refinery and use it…
- Middle East
Yemen’s Houthi militia attack Saudi Aramco facility
Sanaa: Yemen’s Houthi militia on Monday announced that launched a long-range missile towards a large Saudi Aramco oil facility in the city of Jeddah. “The attack targeted oil company Saudi Aramco’s distribution…
