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Page 19 - Saudi Aramco

Does the world have enough oil to cope with Saudi attacks?

Saturday's sudden disappearance of millions of barrels of Saudi crude production led to the biggest spike in Brent futures since they were launched

Does the world have enough oil to cope with Saudi attacks?
Updated On : 16 Sep 2019 | 4:23 PM IST

Iran was behind Saudi oil attack. Will there be more? Will Trump negotiate?

Yes, Iran Was Behind the Saudi Oil Attack. Now What?

Iran was behind Saudi oil attack. Will there be more? Will Trump negotiate?
Updated On : 16 Sep 2019 | 11:39 AM IST

Trump says US 'locked and loaded' to reply to Saudi oil attack; blames Iran

The Tehran-backed Huthi rebels in Yemen, where a Saudi-led coalition is bogged down in a five-year war, claimed Saturday's strikes on two plants owned by state energy giant Aramco

Trump says US 'locked and loaded' to reply to Saudi oil attack; blames Iran
Updated On : 16 Sep 2019 | 10:34 AM IST

Brent oil sees biggest intra-day jump in 28 years. Can the up move sustain?

While in the short-term, the direct physical impact on the market might be limited, analysts say the development has the potential to move the market away from its bearish macroeconomic cycle

Brent oil sees biggest intra-day jump in 28 years. Can the up move sustain?
Updated On : 16 Sep 2019 | 10:12 AM IST

Production at Aramco cut by half after drone attack; oil prices up by 10%

Brent soared almost 20 per cent at one point on Monday, while WTI surged around 15 per cent before paring the gains

Production at Aramco cut by half after drone attack; oil prices up by 10%
Updated On : 16 Sep 2019 | 9:25 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

Saudi, Gulf stocks fall in first session after attacks on Aramco oil plants

Saudi Basic Industries (SABIC), the kingdom's biggest petrochemicals firm, was down 2.4%

Saudi, Gulf stocks fall in first session after attacks on Aramco oil plants
Updated On : 16 Sep 2019 | 12:44 AM IST

US blames Iran for Saudi oil strikes, engaging in false diplomacy

Yemen's Iran-aligned Houthi group claimed credit for the attacks on two plants at the heart of Saudi Arabia's oil industry

US blames Iran for Saudi oil strikes, engaging in false diplomacy
Updated On : 16 Sep 2019 | 12:35 AM IST

Saudi oil attacks raise spectre of oil at $100 per barrel, say analysts

Industry sources have said it may take weeks to bring production fully online

Saudi oil attacks raise spectre of oil at $100 per barrel, say analysts
Updated On : 16 Sep 2019 | 12:33 AM IST

Fruitless & blind: Iran refutes US accusations over attacks on Saudi Aramco

US Secretary of State Mike Pompeo condemned Iran after Saturday's attacks, which knocked out half of the kingdom's oil production

Fruitless & blind: Iran refutes US accusations over attacks on Saudi Aramco
Updated On : 15 Sep 2019 | 4:01 PM IST

Saudis race to fix oil supply after Aramco attack slashes output by half

State energy producer Saudi Aramco lost about 5.7 million barrels per day of output after 10 unmanned aerial vehicles struck the world's biggest crude-processing facility

Saudis race to fix oil supply after Aramco attack slashes output by half
Updated On : 15 Sep 2019 | 2:18 PM IST

Saudi cuts oil output to half after drones strike heart of energy system

About 5.7 million barrels per day of output has been suspended, says Saudi Aramco in a statement.

Saudi cuts oil output to half after drones strike heart of energy system
Updated On : 15 Sep 2019 | 9:29 AM IST

Drones hit two Saudi Aramco oil facilities, fire under control: State media

Online videos showed a massive blaze on the horizon, with the apparent sound of gunfire in the background

Drones hit two Saudi Aramco oil facilities, fire under control: State media
Updated On : 14 Sep 2019 | 12:00 PM IST

Saudi Aramco gives nine banks top roles to lead world's biggest IPO: Report

Aramco has selected JPMorgan Chase & Co , Morgan Stanley and Saudi Arabia's National Commercial Bank, which were previously working on the share sale

Saudi Aramco gives nine banks top roles to lead world's biggest IPO: Report
Updated On : 11 Sep 2019 | 10:39 PM IST

Saudi Aramco CEO hints at early local listing, silent on stake sale quantum

Reports have emerged that 1 per cent of the company could be sold locally later this year before more is sold on an international market.

Saudi Aramco CEO hints at early local listing, silent on stake sale quantum
Updated On : 10 Sep 2019 | 4:38 PM IST

Saudis replace Aramco chairman with wealth fund boss ahead of IPO

Saudis Replace Aramco Chair With Wealth Fund Boss Before IPO

Saudis replace Aramco chairman with wealth fund boss ahead of IPO
Updated On : 03 Sep 2019 | 10:36 AM IST

Aramco eyes two-stage IPO, favours Tokyo for international listing: Report

If confirmed, that would be a setback for London, New York and Hong Kong, which have all vied for a slice of the much-touted IPO

Aramco eyes two-stage IPO, favours Tokyo for international listing: Report
Updated On : 30 Aug 2019 | 8:45 AM IST

Big and bigger

Some of the biggest names in Indian business are shedding their reticence and letting in global firms into their parlours

Big and bigger
Updated On : 29 Aug 2019 | 9:00 PM IST

L&T consortium bags offshore jacket installation project from Saudi Aramco

Larsen & Toubro on Thursday said a consortium of its arm LTHE, and EMAS AMC PTE Ltd has been awarded a project by Saudi Aramco for offshore jackets. The project is for installing 28 offshore jackets in Zuluf, Marjan, Sfaniya and Ribyan offshore fields of Saudi Arabia, as per a BSE filing by L&T. "Consortium of L&T Hydrocarbon Engineering Ltd (LTHE) and EMAS AMC PTE Ltd (a subsea7 company) has been awarded a project by Saudi Aramco," it said. LTHE is a subsidiary of L&T and is based in Mumbai. The award demonstrates Saudi Aramco's trust on LTHE's capability to deliver to a challenging schedule with excellent safety and quality performance, it said. LTHE's fabrication facilities in the Middle East and India are fully equipped to execute these challenging projects, the company added. subsea7 is a Luxembourg-based offshore projects delivering company.

L&T consortium bags offshore jacket installation project from Saudi Aramco
Updated On : 22 Aug 2019 | 1:42 PM IST

RIL upside on asset monetisation, refining mkt rebalancing: Morgan Stanley

RIL announced agreeing to a non-binding letter of intent from Saudi Aramco regarding proposed investment in its refining, petrochemicals, and fuel marketing business

RIL upside on asset monetisation, refining mkt rebalancing: Morgan Stanley
Updated On : 19 Aug 2019 | 1:58 PM IST