Page 13 - Saudi Aramco

Aramco to focus on investments in markets with high growth like India

In its latest annual report, Aramco said it is looking at investment opportunities in high-growth markets as well as nations that rely on importing crude oil

Oil plunges to 18-year low as coronavirus lockdowns trigger market meltdown

The decline in the US market in the last 10 days is the largest ever for the contract since it was introduced in 1983

Saudi Aramco likely to sustain higher April oil output through May: CEO

Aramco said last week it would be raising its output in April to a record 12.3 million barrels per day in a fight for market share with Russia that has helped to hammer global oil prices

Saudi Aramco to cut capital spending over coronavirus; 2019 profits plunge

The 21% decline in net profit for last year means it fell short of analysts' forecasts for the period that culminated in the share sale, months before the coronavirus pandemic became a factor for oil

Saudi Aramco reports 20.6% drop in 2019 profit over low prices, production

The energy giant posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, it said in the statement to the Saudi Stock Market

Reliance buys an extra 2 mn bbls of Saudi oil for April loading: Report

Saudi Aramco has slashed its selling price for April and announced plans to raise output to a record 12.3 million bpd

Saudi Aramco to raise oil output by 1 mn bpd as price war escalates

'Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 bpd,' the company said

Aramco to boost crude supply to 12.3 mn bpd, escalate price war with Russia

The world's biggest crude exporter has been pumping some 9.8 million bpd which means it will be adding at least 2.5 million bpd from April

Aramco trades below IPO price for first time, after OPEC pact unravels

Aramco's record IPO in December had valued the firm at $1.7 trillion, making it the world's most valuable company

'Crazy' Saudi oil price cuts seen reigniting market share war with Russia

The battle ended when the Organization of the Petroleum Exporting Countries (OPEC) and Russia struck a deal to cut production

Saudi Aramco puts off oil pricing after failure of Opec alliance in Vienna

Biggest oil exporter usually gives pricing on 5th of each month

Rs 22,000 cr investments made in Andhra Pradesh since June 2019: State govt

Though oil giant Saudi Aramco was supposed to be a largest investor, particularly in the PCPIR in Visakhapatnam, it went away to Maharashtra

Going cheap: How ONGC compares to the world's most richly valued oil firms

ONGC has always traded at a discount to its global peers, it has widened to record levels in recent months

Aramco to win unconditional EU clearance for $69 billion SABIC deal

Riyadh-headquartered SABIC, the world's fourth largest petrochemicals group, has operations in over 50 countries

LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts

Currently, the government owns the entire 100 per cent stake in LIC.

Yemeni rebels claim targeting Aramco's Jizan facilities in retaliation

Houthi military spokesman Yahya Saria did not give a timeframe for the assault

RIL's partnership with Saudi Aramco not a retreat from energy biz: Report

Ambani had in August last year announced that the deal with Aramco will close by March 2020 but it is now expected to close within the current calendar year

Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts

For the December 2019 ended quarter, RIL turned free cash flow (FCF) positive, a reversal that most brokerage firms welcomed

RIL-Saudi Aramco 15-bn deal unlikely to close by March 31: CFO V Srikanth

The deal, aimed at cutting its massive debt and secure an assured supply of crude oil to its refineries, was expected to be closed by March 31, 2020

Saudi Aramco faces tough test less than a month after $25-billion IPO

The world's most profitable company extended declines on Monday after dropping to its lowest closing price yet a day earlier.