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Aramco weighs sale of stake in natural gas pipelines
Aramco weighs sale of stake in natural gas pipelines
WEDNESDAY, APRIL 28, 2021
Aramco is considering the sale of a stake in its vast natural gas pipeline network to help free up cash and draw more international investors to Saudi Arabia, people familiar with the matter said.Oil giant Aramco keeps dividend despite 45% slump in profit
Oil giant Aramco keeps dividend despite 45% slump in profit
TUESDAY, NOVEMBER 03, 2020
Saudi Aramco failed to generate enough cash to cover its dividend, yet left the payout unchanged at $18.75 billion for the third quarter even as profit fell 45% and debt continued to rise.
Wild oil market, Reliance's cash flood hold up Aramco deal
Wild oil market, Reliance's cash flood hold up Aramco deal
THURSDAY, JULY 16, 2020
It's not typical of Mukesh Ambani, Asia's richest tycoon, to announce a deal before signing a document.
Aramco cuts oil pricing to Asia even after OPEC+ output deal
Aramco cuts oil pricing to Asia even after OPEC+ output deal
MONDAY, APRIL 13, 2020
Saudi Arabia cut most of its crude pricing as the coronavirus hammers oil demand - a clear sign that the kingdom seeks to keep its barrels competitive after producers agreed to coordinate global cuts in output.Saudi Aramco faces tough test less than a month after IPO
Saudi Aramco faces tough test less than a month after IPO
MONDAY, JANUARY 06, 2020
Saudi Aramco's status as an oil-producing behemoth located in one of the world's most turbulent regions always marked it as likely to suffer bouts of volatility.Saudi Aramco set to pay banks only $64 million for record IPO
Saudi Aramco set to pay banks only $64 million for record IPO
SATURDAY, DECEMBER 14, 2019
Saudi Aramco is poised to pay a combined $64 million to the banks that arranged the world's largest initial public offering, a letdown for the Wall Street firms that pitched aggressively for a spot on the deal, people with knowledge of the matter said.Aramco closes just below $2 trillion goal in second-day gain
Aramco closes just below $2 trillion goal in second-day gain
THURSDAY, DECEMBER 12, 2019
Saudi Aramco shares rose for a second day, but the oil giant failed to hold on to the $2 trillion valuation that Crown Prince Mohammed bin Salman had long targeted.
Saudi oil giant Aramco starts trading shares a week after historic IPO
Saudi oil giant Aramco starts trading shares a week after historic IPO
WEDNESDAY, DECEMBER 11, 2019
The Saudi Arabian Oil Company, the most profitable commercial enterprise in the world, started trading shares on Wednesday, a week after its long-awaited listing on the Saudi Arabian stock exchange broke the record as the largest initial public offering (IPO) in history.No impact yet on PTT's imports from attack on Saudi oil facility: Sontirat
No impact yet on PTT's imports from attack on Saudi oil facility: Sontirat
SUNDAY, SEPTEMBER 15, 2019
Energy Minister Sontirat Sontijirawong said that Saturday's drone attacks on two major oil-processing facilities run by Saudi Arabia's state-owned firm Aramco would not affect oil imports of the PTT group.