#Saudi Aramco

Reliance pulls plan to sell oil-to-chemicals stake to Aramco

Reliance and Aramco had signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake in Reliance’s oil-to-chemicals unit

Saudi Aramco raises oil prices sharply after OPEC+ sticks to output plan

Saudi Arabia sends more than 60 per cent of its crude exports to Asia

Saudi Aramco earnings surge on higher oil output and prices

The world’s biggest crude producer’s third-quarter profit climbed to $30.4bn

Aramco oil pipeline investors ready multi-billion dollar bond

The consortium, led by Washington-based EIG Global Energy Partners, may raise at least $4.5bn

Solar Energy Masdar Armenia

Biggest Saudi IPO since Aramco set for Riyadh trading debut

Initial demand amounted to several billion dollars

Oil holds drop from seven-year high as energy crunch fears ease

US crude inventories expanded by 2.35 million barrels last week

Saudi Aramco, Air Products, ACWA Power, and Air Products Qudra sign agreements for $12bn JV in Jazan

The consortium is expected to increase job opportunities

Saudi Arabia: Paving the way for the future

With a young leadership at the helm, the GCC’s largest economy has embarked on a journey of growth, diversification and alliances

Saudi Aramco

Saudi Aramco and Aveva to partner to drive sustainability through digitalisation

Partnership would leverage digital transformation to support Saudi Arabia’s energy transition and expand its knowledge economy

Saudi Aramco

Saudi Aramco reports $25.5bn net income in Q2 2021

Aramco’s gearing fell to 19.4 per cent from 23 per cent at the end of 2020

Google Cloud_SAP

Google Cloud, SAP expand strategic partnership for business transformation

SAP services to be more widely available on Google Cloud

Saudi’s Sabic sees profit surge amid global chemical boom

Revenue climbed 72 per cent year-on-year to $11.3bn

GCC’s energy space: What does the future hold?

Stakeholders across local and regional countries are keen to pursue sustainable fuels

Saudi Aramco

Saudi Aramco confirms data leak after reported cyber ransom

The state-owned driller was reportedly offered the chance to have the data deleted for $50m in cryptocurrency

Saudi Aramco

Saudis’ Motiva eyes revival of multibillion-dollar plastics plan

The value of the original project was estimated at $6.6 billion in 2018

Saudi Aramco is said to pick JPMorgan, Goldman for gas pipeline deal

The state energy giant is preparing to gauge interest in the assets from potential investors

Saudi Aramco to sell more assets in multi-billion dollar push

Aramco raised $12.4bn by selling leasing rights over oil pipelines to a US-led group of investors in April

Brent oil extends gain as OPEC+ talks end without supply deal

The global market has tightened significantly over the past few months amid a robust rebound in fuel demand in the US, China and parts of Europe

Finance chief who steered Saudi Aramco through IPO to step down

The company is set to name Ziad Al-Murshed as chief financial officer, replacing Khalid al-Dabbagh

Saudi wealth fund makes senior hires, including Goldman banker

Goldman banker Eyas AlDossari will head investment advisory within the MENA Investments Division of the fund

Aramco sells $6bn of dollar-denominated Islamic bonds

The state-controlled company sold sukuk due in three, five and 10 years

Saudi Aramco

Aramco starts debut sale of dollar-denominated Islamic bonds

The firm is raising cash to help finance its plans to pay out $75bn in dividends

Saudi Aramco hires banks for debut dollar Islamic bond sale

The firm is raising cash to help fund its commitment to pay out $75bn in dividends

Aramco said to plan bond sale to help fund $75bn dividend

The price of oil has doubled since October to more than $70 a barrel

Saudi Aramco’s profit soars in Q1 as crude prices rise

Brent crude has gained over 30 per cent this year to top $68 a barrel

Chemicals maker Sabic’s profit surges as economies reopen

Revenue rose 24 per cent year-on-year to SAR37.5bn and 14 per cent from the previous quarter

Saudi Aramco

Aramco weighs sale of stake in natural gas pipelines

The company is also conducting a strategic review of its upstream business

Aramco said to review upstream assets for potential stake sales

The company reshuffled its senior management last year and created a division focused on portfolio optimisation

Revealed: Top 5 most powerful Arabs in Saudi Arabia

The highest ranked Arabs originating from Saudi Arabia in Gulf Business’ annual Arab power list

Aramco selling $12.4bn stake in pipeline rights unit

The deal is part of Saudi Arabia’s drive to open up to foreign investment and use the money to diversify its economy