Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank
Saudi Aramco has completed acquiring 17% stakes of South Korea's Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion.
Saudi Aramco | Egypt Oil & Gas - Part 7
Aramco, ADNOC to Build Indian Refinery Worth $70 B
The refinery is estimated to produce 1.2 million barrels per day (b/d) on the coast of the western state of Maharashtra at Roha in the Raigad district, about 100 kilometers (60 miles) south of Mumbai.
Aramco’s IPO Kicks Off Today
Saudi Aramco will start taking bids from local and foreign investors Sunday, November 17, with a preliminary valuation between $1.6 trillion and $1.71 trillion.
Saudi Aramco to Reduce Gas Flaring to Zero by 2030
Saudi Aramco announced that it was joining the World Bank (WB)'s initiative to reduce gas flaring to zero by 2030, noting that its flaring was already less than 1% of its total raw gas production in the first half ...
Aramco’s IPO to Affect Egypt’s Petrochemicals Sector
Saudi Aramco’s initial public offering (IPO) is forecasted to positively affect Egypt’s petrochemicals sector, Egyptian stock exchange expert Hanan Ramsis said.
Saudi Aramco Registers $68 B Net Income in 9 Months
Saudi Aramco posted a net income of $68 billion during the nine-month period ending on September 30.
Saudi’s CMA Approves Launching Aramco’s IPO
The Capital Market Authority (CMA) of Saudi Arabia permitted Saudi Aramco to launch its initial public offering (IPO) on November 3, creating the most valuable listed firm worldwide.
Saudi Aramco Signs Deals Worth More than $2 B
Saudi Aramco has signed several agreements at the Future Investment Initiative conference in Riyadh.
Aramco Sets a Timeline for Its IPO
Saudi Aramco is set to launch its initial public offering (IPO) on November 3.
Aramco, Indonesia’s Pertamina Discuss Refinery Cooperation
The two sides have been struggling to settle on a valuation for the project since last December. According to Thohir, the financial adviser they have hired is not yet ready to produce a valuation.
