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Page 21 - Saudi Aramco

India should be wary of getting too cosy with Saudi Aramco

The country is already too reliant on imported crude. Cozying up to the Middle Eastern giant will only make matters worse

India should be wary of getting too cosy with Saudi Aramco
Updated On : 18 Apr 2019 | 12:30 PM IST

Aramco in talks for 25% of Reliance's refining, petrochemical units: Report

A minority stake sale could fetch around $10 billion to $15 billion, valuing the Indian company's refining and petrochemicals businesses at around $55 billion to 60 billion, the report said

Aramco in talks for 25% of Reliance's refining, petrochemical units: Report
Updated On : 17 Apr 2019 | 9:43 PM IST

Saudi Aramco receives more than $60 billion in orders for bond debut

As part of its debut in the global debt market, Aramco has offered bonds in six portions, from three to 30 years, according to the people familiar with the matter

Saudi Aramco receives more than $60 billion in orders for bond debut
Updated On : 09 Apr 2019 | 2:44 AM IST

Forget Apple or Exxon, Saudi Aramco was the most profitable company in 2018

The credit rating, a first for Aramco, offers the first glimpse into the accounts of the company, which have remained secret since its nationalization in the late 1970s

Forget Apple or Exxon, Saudi Aramco was the most profitable company in 2018
Updated On : 02 Apr 2019 | 2:18 AM IST

Maharashtra to move planned Saudi Aramco refinery after farmers protest

Refinery will be built at a place where local population won't oppose the project, says Chief Minister Devendra Fadnavis.

Maharashtra to move planned Saudi Aramco refinery after farmers protest
Updated On : 18 Feb 2019 | 11:02 PM IST

Maharashtra puts land purchase for Saudi Aramco's $44-bn refinery on hold

The $44 billion refinery was seen as a game changer for both parties - offering India steady fuel supplies and meeting Saudi Arabia's need to secure regular buyers for its oil

Maharashtra puts land purchase for Saudi Aramco's $44-bn refinery on hold
Updated On : 29 Nov 2018 | 6:10 PM IST

Saudi Aramco eyes $150-bn gas investments over next decade, says CEO

Nasser also said Aramco plans to invest $100 billion over the next 10 years in chemicals globally

Saudi Aramco eyes $150-bn  gas investments over next decade, says CEO
Updated On : 28 Nov 2018 | 1:07 PM IST

Saudi Aramco signs 31 agreements, MoUs worth $27.5 billion: CEO Nasser

The company did not provide details on the nature of the deals

Saudi Aramco signs 31 agreements, MoUs worth $27.5 billion: CEO Nasser
Updated On : 26 Nov 2018 | 10:37 PM IST

Saudi Aramco plans to invest $500 billion in next 10 years, says CEO Nasser

Saudi company committed to IPO, awaits best timing: Nasser

Saudi Aramco plans to invest $500 billion in next 10 years, says CEO Nasser
Updated On : 26 Nov 2018 | 4:20 PM IST

Saudi Aramco set to invest in refinery-petrochemical project in east China

Last month, Saudi Aramco signed a long-term deal with the Zhejiang project's operator Zhejiang Rongsheng to supply crude oil.

Saudi Aramco set to invest in refinery-petrochemical project in east China
Updated On : 18 Oct 2018 | 1:38 PM IST

Saudi Aramco set to invest heavily in Indian fuel retail, petrochem market

Saudi minister assures no supply shortage to India, believes conventional fuel will continue to dominate the energy sector

Saudi Aramco set to invest heavily in Indian fuel retail, petrochem market
Updated On : 15 Oct 2018 | 6:56 PM IST

Aramco IPO still on cards, to take place by early 2021: Saudi crown prince

The planned listing of the world's biggest oil producer was to be the cornerstone of the kingdom's promised economic overhaul

Aramco IPO still on cards, to take place by early 2021: Saudi crown prince
Updated On : 06 Oct 2018 | 8:21 AM IST

Long waited Saudi Aramco IPO deferred? Elon Musk can sympathise

One obvious explanation for deferring the IPO further still is that while oil prices are far better than they were in early 2016, oil at $70-ish a barrel isn't enough to pull the trigger

Long waited Saudi Aramco IPO deferred? Elon Musk can sympathise
Updated On : 23 Aug 2018 | 12:45 PM IST

Saudi Aramco in talks for stake with world's no. 4 chemical firm SABIC

The $20 billion project would build a complex that converts crude oil into chemicals directly, bypassing the refining stage

Saudi Aramco in talks for stake with world's no. 4 chemical firm SABIC
Updated On : 19 Jul 2018 | 4:36 PM IST

Saudi Aramco, Adnoc to join hands for petroleum retail in India

Adnoc to invest in Rs 3 trillion West Coast refinery

Saudi Aramco, Adnoc to join hands for petroleum retail in India
Updated On : 25 Jun 2018 | 9:19 PM IST

Oil giant Saudi Aramco claims spare capacity of 2 million barrels per day

Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd

Oil giant Saudi Aramco claims spare capacity of 2 million barrels per day
Updated On : 25 Jun 2018 | 4:15 PM IST

Mega project jinx strikes Ratnagiri again, Aramco refinery faces backlash

The villagers have lived an agrarian way of life for generations and fear their livelihoods will be threatened once the plant comes up

Mega project jinx strikes Ratnagiri again, Aramco refinery faces backlash
Updated On : 18 Jun 2018 | 8:55 PM IST

An oil giant is taking big steps; Saudi Arabia can't afford for it to slip

As the kingdom prepares for its next evolution, Saudi Aramco is central but a planned public listing leaves the company, and the country, at risk

An oil giant is taking big steps; Saudi Arabia can't afford for it to slip
Updated On : 17 Jun 2018 | 4:54 PM IST

Audit finds Aramco oil reserves slightly higher than reported: sources

The Aramco board meets next in early May in Houston where they will review the latest IPO developments, sources said

Audit finds Aramco oil reserves slightly higher than reported: sources
Updated On : 30 Apr 2018 | 2:39 AM IST

Aramco excels in net profit but cash generation is less spectacular: Report

Prince Salman wants to raise a record $100 billion by selling a 5% stake in Aramco on local and foreign exchanges

Aramco excels in net profit but cash generation is less spectacular: Report
Updated On : 13 Apr 2018 | 7:05 PM IST