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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.

Saudi Aramco has come out of the attacks ‘stronger than ever’: CEO

Yemen’s Houthi group claimed responsibility for the attacks.

Saudi Arabia to meet oil commitment to Asian refiners

Saudi Arabia has said it would be able to meet oil customers’ demand from its ample storage. But this is the first indication that its supply to top consumers in Asia

US ´locked and loaded´ after Saudi attacks as oil prices surge

Crown Prince Mohammed bin Salman has said the kingdom is "willing and able" to respond to this "terrorist aggression."

Saudi Aramco desires to establish oil refinery in Gwadar: Qureshi

"Foreign investments will be beneficial for stabilisation of national economy besides creating employment and remittances," he said.

Saudi Aramco in talks to buy stake in Reliance Industries

State oil giant Saudi Aramco, the world’s biggest oil producer, is in talks to buy a stake in the refining and petrochemicals businesses of India’s Reliance Industries

Saudi Aramco team in Pakistan for talks on first LNG deals

Saudi Aramco, is in Pakistan for discussions on what would be its first ever liquefied natural gas (LNG) shipments, a top Pakistani official said

Aramco breaks record as demand for its bond tops $85 billion

Orders for Saudi Aramco’s debut international bonds topped $85 billion, a record breaking vote of market confidence for the oil giant despite some investor concerns
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