Saudi Aramco

Saudi Aramco To Supply Extra Crude To Indian Oil From July

Business | Thomson Reuters | Friday May 17, 2019

IOC, which was the biggest Indian buyer of Iranian oil in 2018/19, has not signed an annual contract to buy oil from Iran this fiscal year.

Aramco In Talks To Buy 25% In Reliance Industries Refining, Petrochemical Units: Report

Business | Thomson Reuters | Wednesday April 17, 2019

Goldman Sachs is said to have been mandated to advise on the proposed deal, the report added.

Aramco Is World's Most Profitable Firm But Cash Flow Lags Rivals

World News | Javier Blas and Dan Murtaugh, Bloomberg | Tuesday April 2, 2019

Saudi Aramco was the world's most profitable company in 2018, easily surpassing U.S. behemoths including Apple Inc. and Exxon Mobil Corp., according to accounts published by ratings agencies before the firm's debut in the international bond market.

Saudi Agrees $10 Billion China Refinery Deal As Crown Prince Visits

World News | Reuters | Friday February 22, 2019

State-owned oil company Saudi Aramco signed a $10 billion deal to build a refining and petrochemical complex in China on Friday, as Saudi Crown Prince Mohammed bin Salman wrapped up a two-day trip to Beijing.

In Talks With Reliance Industries For Possible Investments: Saudi Aramco CEO

Business | Thomson Reuters | Wednesday February 20, 2019

Reliance Industries, controlled by Asia's richest man Mukesh Ambani, plans to expand the capacity to 2 million bpd by 2030, according to plans shared with the government.

Maharashtra To Move Planned Saudi Aramco Refinery After Farmers Protest

India News | Reuters | Tuesday February 19, 2019

Opposition from farmers has prompted Maharashtra to move the location for what would be the country's biggest oil refinery, Chief Minister Devendra Fadnavis said.

Maharashtra Puts Land Purchase For Saudi Aramco Refinery On Hold: Devendra Fadnavis

Business | Thomson Reuters | Thursday November 29, 2018

Land acquisition has always been a contentious issue in rural area, where a majority of the population depends on farming for their livelihood.

Saudi King Stepped In To Call Off Aramco IPO Plans

Business | Thomson Reuters | Wednesday August 29, 2018

It is not clear exactly which of the IPO arguments prompted King Salman to make the decisive call on Aramco.

Saudi Aramco's Mega IPO Plan Stalled For Now: Report

Business | Thomson Reuters | Thursday August 23, 2018

However, Saudi Arabia's energy minister denied that Aramco's initial public offering would be called off, in a statement issued early on Thursday.

Saudi Arabia's $90 Billion Reason To Allow Women Driving

World News | Zainab Fattah, Bloomberg | Monday June 25, 2018

Allowing Saudi women to drive could help the kingdom reap as much income as selling shares in Saudi Aramco. The move, which went into effect on Sunday, could add as much as $90 billion to economic output by 2030, with the benefits extending beyond that date, according to Bloomberg Economics.

Crude Prices Breach $80 A Barrel For First Time Since November 2014

Business | NDTV Profit Team | Thursday May 17, 2018

Market watchers are beginning to talk again about oil prices returning to $100 per barrel and more.

Land Acquisition Woes Thwart Mega Refinery Plan With Saudi Aramco

Business | Thomson Reuters | Thursday May 17, 2018

At the International Energy Forum in April, Saudi Aramco inked a deal to build a $44 billion refinery.

After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery

Business | Anthony DiPaola, Mahmoud Habboush and Tracy Alloway, Bloomberg | Monday May 14, 2018

Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.

Saudi Aramco Appoints First Woman To The Board

Business | Thomson Reuters | Sunday April 29, 2018

Lynn Laverty Elsenhans, the former chairwoman, president and CEO of U.S. oil refiner Sunoco Inc. from 2008 to 2012 joined Saudi Aramco

Saudi Aramco Ties Up For 50% Stake In $44 Billion-Maharashtra Refinery

Business | Thomson Reuters | Wednesday April 11, 2018

Top executives of Aramco and Ratnagiri Refinery & Petrochemicals signed a memorandum of understanding to take equal stakes in the project.