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All Stories: Saudi Aramco

Saudi Aramco returns to debt market with dollar bond sale

Saudi state oil giant Aramco made its return to the debt market on Tuesday after a three-year hiatus, joining top companies and governments in...

Saudi Aramco says foreigners grab ‘majority’ of share offering

RIYADH: Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was...

Saudi Arabia sets new test for international interest with $13.1 bln Aramco sale

Saudi Arabia and its bankers on Sunday will start taking orders for as much as $13.1 billion worth of shares in its energy...

Shell in talks to sell fuel stations to Saudi Aramco

Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second largest...

Saudi Arabia lowers Aramco max capacity target

Saudi Aramco on Tuesday said it was asked to cut its planned maximum sustainable oil production capacity to 12 million barrels a day (bpd),...

Saudi Aramco secures 40% equity stake in Gas & Oil Pakistan

JEDDAH: Aramco, the leading integrated energy and chemicals company in Saudi Arabia, is set to enter the Pakistani fuels retail market as it signed...

Saudi Aramco profits down 23 percent on lower oil prices, cuts

Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter, the result of lower oil prices and...

Saudi Aramco touts ‘commitment to China’ with petrochemical deals

RIYADH: Saudi Aramco on Monday unveiled plans to acquire a 10-percent stake in a Chinese petrochemicals firm, a deal the Gulf energy giant said...

Saudi Aramco inks $12.2 bln China oil refinery, petchem complex deal

Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China that is expected to...

Saudi Aramco to maintain full oil supplies to Asia

Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the...

Saudi Aramco unveils record $48.4 billion profit in Q2

RIYADH: Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after war in Ukraine and...

Gulf stock markets end mixed, Saudi Aramco hits record high

Stock markets in the Gulf ended mixed on Monday, as oil prices rose on fresh diplomatic efforts to resolve the Ukraine crisis but banking...

Saudi Aramco to prioritise energy supply to China

Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years

Energy minister announces discovery of two new oil and gas fields

Hadabat al Hajara gas field in al-Jof region has a daily production rate of 16 million cubic feets of natural gas, along with 1944 bpd of oil condensate, according to the minister.

Saudi Aramco to unveil first annual results since IPO

Saudi Aramco is expected to announce a drop in profits as it unveils Monday its first annual results since its listing, as the energy giant grapples with sinking oil prices.

Saudi Aramco shares shed post-IPO gains as oil dives

Global rating agency Standard & Poor's said that the coronavirus may further push down oil prices.

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares.

Saudi Aramco in race for IPO record with $1.7 trillion top value

Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi’s crown prince but putting it in the running to become the world’s biggest IPO.

Saudi Aramco’s record IPO starts Nov 17, prospectus says

It would be the world's biggest if it eclipses Chinese retail giant Alibaba's $25 billion listing in 2014.

Saudi oil giant Aramco heads for record-setting market debut

Saudi Arabia announced Sunday the stock market debut of energy giant Aramco in what could be the world's biggest IPO.
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