Page 16 - Saudi Aramco

Saudi Aramco approaches Malaysian energy giant Petronas with IPO offer

Abu Dhabi's state investor Mubadala Investment Co has also been approached by Aramco's advisers

Saudi to have '1-year restriction' on selling more Aramco shares after IPO

The government is looking to list 2% of the company on the Saudi bourse rather than listing the entire share capital on the exchange, the sources said.

Saudi Aramco, an oil giant: Key facts about world's most profitable company

The state-owned firm is the world's largest oil producer, pumping 10% of the world's supply, and the most profitable company with its half-year net profit rising 12% to $46.9 billion.

Saudi Aramco valuation in bank research may vary by more than $1 trillion

Aramco could offer 1%-2% of its shares, raising as much as $20 billion to $40 billion

Aramco hungry for IPO success with Crown Prince's vision 2030 at stake

Saudi Arabia is pulling out all the stops to ensure the success of Aramco's initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares

Saudi Arabia kicks off Aramco IPO after market regulator's approval

The approval shall be valid for six months, and the company's prospectus will be published prior to the start of the subscription period, according to the statement

World's most profitable company Saudi Aramco surprisingly pays very little

It's a relatively modest life for a top executive at the Saudi oil giant

Saudi crown prince approves Aramco IPO, announcement likely Sunday

Aramco IPO was delayed several times as international investors balked at the $2 trillion valuation Mohammed bin Salman placed on the company.

Saudi Aramco to keep 4.6 mn barrels of oil in India's Padur reserve: Govt

So far, Abu Dhabi National Oil Co is the only foreign company storing oil in India's strategic reserves, at Mangalore, also in Karnataka

Aramco to make its long-awaited debut on Riyadh stock market on Dec 11

The Aramco listing is expected to be a major topic at a major investment summit that opened Tuesday in Riyadh

Saudi summit opens as kingdom looks to attract foreign investment

The forum was launched in 2017 to showcase Saudi Arabia's future away from oil

Saudi Aramco set to pay up to $450 million in fees to IPO advisers

Investment bankers from around the world have been pitching for years to win a coveted role on Aramco's IPO

BPCL surges nearly 6% as reports say Saudi Aramco may bid for govt stake

On September 30, the group of secretaries on disinvestment gave its approval for to sell government's entire 53.29 per cent stake in BPCL, which is likely to be completed by March 31, 2020.

Fitch downgrades Saudi Aramco to 'A' after attacks on oil facilities

Aramco obtained its first credit rating of A+ by Fitch in April ahead of its inaugural public bond issue.

Petrol, diesel prices may come down as oil supply woes have subsided

India's diversified crude and product basket was one reason that helped India in avoiding the Saudi Aramco crisis.

Electric cars and the coming revolution

Just as it happened in the digital arena, electric and driverless cars are going to be disruptive for companies that resist change

Deter Iran, or oil prices can spike unimaginably: Saudi crown prince

The right of Saudi Arabia and the UAE to defend their interests after the attacks on oil pumping stations in the kingdom and tankers off the UAE were supported in a Gulf Arab statement

Saudi Arabia assures Reliance it will supply committed crude oil in October

As part of the deal, Saudi will supply as much as 5,00,000 barrels per day of crude oil or 25 million tonnes annually to Reliance

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 offer tourist visas for the first time to diversify economy

The austere kingdom, which forbids alcohol and has a strict social code, is seen by many as a hard sell for tourists