Saudi Aramco | Egypt Oil & Gas - Part 3

Aramco to Initiate Major Bond Sell-Off

Saudi Aramco, the world’s largest oil company, has kick-started a jumbo bond sale on November 17 to help fund its promised $75 billion dividends.

Aramco Maintains $18.75 B Dividends for Q3

Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion.

Aramco, SABIC Re-evaluate $20 B Petrochemical Project

The world’s largest oil company, Saudi Aramco, and Saudi Basic Industries (SABIC) have re-evaluated their $20 billion crude-oil-to-chemicals project with a view to integrating existing facilities instead.

Aramco Announces Lower Gasoline Prices for October

Saudi Aramco, the world’s largest oil company, has announced new petroleum prices starting 11 October.

Aramco’s Khurais Facility Joins WEF Global Lighthouse Network

Khurais oil field, the largest intelligent oil field in the world, has become Saudi Aramco’s second facility to join the WEF Global Lighthouse Network.

Aramco Delays Projects to Preserve Dividend

The world’s largest oil and gas company, Saudi Aramco, has delayed its multi-billion-dollar petrochemical and liquified natural gas (LNG) projects to maintain cash flow for the paying of dividends.

Aramco Discovers New Oil, Gas Fields

The world’s largest oil company, Saudi Aramco, has discovered two new oil and gas fields in the north of Saudi near Arar.

Aramco Establishes Integrated Corporate Development Organization 

The world’s largest oil company, Saudi Aramco, has announced the establishment of an integrated Corporate Development organization in an effort to optimize the company’s portfolio.

Saudi Aramco Plans to Cut Capital Spending Further

Saudi Aramco plans to further cut capital expenditure (Capex) in an attempt to try and pay for the $75 billion dividends that were promised to investors.

Saudi Aramco Intends to Boost Capacity by 1 MMBBL/D

Saudi Aramco has announced its intention to boost crude output by an estimated 1 million barrels of oil per day (mmbbl/d) to a total of 13 mmbbl/d, despite the company’s recent cuts in capital expenditure (Capex). ...

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