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Page 2 - Aramco

Saudi Arabia to invest $100 billion in India, eyes long-term partnership

Vision 2030 of Crown Prince Mohammed bin Salman will also result in significant expansion of trade and business between India and Saudi Arabia

Saudi Arabia to invest $100 billion in India, eyes long-term partnership
Updated On : 30 Sep 2019 | 2:56 AM IST

Saudi drone attack: Where are we a week on and what happens next?

The attack could affect flows of both crude oil and refined products, as Saudi Arabia cuts deliveries to its own processing plants

Saudi drone attack: Where are we a week on and what happens next?
Updated On : 21 Sep 2019 | 9:47 AM IST

Saudi Arabia says Aramco drone attacks 'unquestionably sponsored by Iran'

On display were parts of drones and missiles labeled as Iranian-made

Saudi Arabia says Aramco drone attacks 'unquestionably sponsored by Iran'
Updated On : 18 Sep 2019 | 8:48 PM IST

Strategic vulnerabilities

Attack on Aramco raises questions for Indian security

Strategic vulnerabilities
Updated On : 17 Sep 2019 | 9:15 AM IST

Drone attacks expose Saudi Aramco's vulnerabilities as it gears up for IPO

The attacks caused Saudi Arabia to halve its oil output and may cut the valuation of Aramco's milestone deal

Drone attacks expose Saudi Aramco's vulnerabilities as it gears up for IPO
Updated On : 16 Sep 2019 | 12:49 AM IST

Goldman leaders court Saudis over Aramco IPO after 1MDB fallout

Saudi Arabia is becoming the focus of Goldman Sachs' West Asia strategy after the fallout from the 1MDB corruption scandal marked its abrupt downfall in Abu Dhabi

Goldman leaders court Saudis over Aramco IPO after 1MDB fallout
Updated On : 11 Sep 2019 | 1:56 AM IST

Ready for two-stage IPO but timing is government decision: Aramco

One of the primary listings is going to be local but we are also ready for listing outside, it said

Ready for two-stage IPO but timing is government decision: Aramco
Updated On : 10 Sep 2019 | 1:39 PM IST

Saudi Arabia names Prince Abdulaziz bin Salman as new energy minister

Khalid al-Falih has been removed from his position

Saudi Arabia names Prince Abdulaziz bin Salman as new energy minister
Updated On : 09 Sep 2019 | 2:08 AM IST

Saudi Aramco interest in Reliance Industries upstages PSU mega refinery

The oil-to-chemicals division of RIL comprises refining, petrochemicals, and fuel marketing businesses

Saudi Aramco interest in Reliance Industries upstages PSU mega refinery
Updated On : 12 Aug 2019 | 9:58 PM IST

Aramco and BP to help Mukesh Ambani slash $22 bn of Reliance debt

The conglomerate aims to be a zero-net-debt company in 18 months, Asia's richest man told shareholders on Monday

Aramco and BP to help Mukesh Ambani slash $22 bn of Reliance debt
Updated On : 12 Aug 2019 | 5:51 PM IST

Aramco deal more to secure crude supply than deleveraging: RIL officials

The O2C business has been the cash churner for RIL, say senior company officials

Aramco deal more to secure crude supply than deleveraging: RIL officials
Updated On : 12 Aug 2019 | 5:47 PM IST

Reliance Industries to earn $990 mn in fuel retail deal with UK's BP Plc

Aramco agreed to buy a 20% stake in Reliance's oil refining and petrochemicals division

Reliance Industries to earn $990 mn in fuel retail deal with UK's BP Plc
Updated On : 12 Aug 2019 | 4:18 PM IST

Aramco to buy 20% in RIL chemical biz for $15 bn; GigaFiber launch on Sep 5

As part of the deal, Saudi Aramco will supply 500,000 barrels per day of crude oil to Reliance's twin refineries at Jamnagar in Gujarat

Aramco to buy 20% in RIL chemical biz for $15 bn; GigaFiber launch on Sep 5
Updated On : 12 Aug 2019 | 2:25 PM IST

Aramco project: Indian activists fear oil refinery may return, hold protest

The project is joint venture between Saudi Arabian oil companies, Aramco and Adnoc, and Indian companies, Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation

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Updated On : 10 Aug 2019 | 11:37 AM IST

Saudi oil firm Aramco's valuation gap persists even as IPO talks resume

Prince Mohammed put a $2 trillion valuation on the state company in early 2016 when he first proposed a share sale to diversify Saudi Arabia's economy beyond oil

Saudi oil firm Aramco's valuation gap persists even as IPO talks resume
Updated On : 07 Aug 2019 | 11:48 PM IST

Govt raises cost of refinery project with Aramco by 36% to $60 bn: Report

The project cost at the signing of a deal with Saudi Aramco in 2018 was pegged at $44 billion

Govt raises cost of refinery project with Aramco by 36% to $60 bn: Report
Updated On : 06 Aug 2019 | 3:43 PM IST

Saudi Aramco to issue $12 billion of bonds amid unprecedented demand

Aramco is selling the debt in five parts, with the longest maturity, a 30-year bond, to yield 155 basis points over U.S. Treasuries.

Saudi Aramco to issue $12 billion of bonds amid unprecedented demand
Updated On : 09 Apr 2019 | 9:21 PM IST

Aramco biggest oil producer in 2018, Fitch rates credit profile at AA+

Saudi Aramco last week said it would buy a 70% stake in SABIC

Aramco biggest oil producer in 2018, Fitch rates credit profile at AA+
Updated On : 01 Apr 2019 | 11:19 AM IST

Govt seeks Aramco, Adnoc backing for $44 billion oil refinery

Adnoc on Saturday announced a 2-million barrel cargo of oil destined for India's strategic petroleum reserve, becoming the first foreign company to invest in the facility

Govt seeks Aramco, Adnoc backing for $44 billion oil refinery
Updated On : 14 May 2018 | 1:15 AM IST

Another reason Aramco pushed IPO plan to 2019: Not so keen US investors

There's another, perhaps more significant hurdle: it appears some American investors aren't that interested

Another reason Aramco pushed IPO plan to 2019: Not so keen US investors
Updated On : 16 Mar 2018 | 10:59 PM IST