saudi aramco


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Saudi Aramco to buy 10% stake in China oil refinery for $3.6 billion

Saudi Aramco will supply 4,80,000 barrels of crude oil per day to Rongsheng Petrochemical's refinery in the eastern province of Zhejiang over a 20-year period.

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo(REUTERS)
Published on Mar 27, 2023 04:28 PM IST
Bloomberg | | Posted by Shobhit Gupta

Saudi Aramco’s 2022 net profit jumps to 46% as oil demand rises

Energy prices are expected to stay elevated in 2023, in part because of production cuts approved last October by the OPEC cartel that Riyadh co-leads with Moscow -- a move harshly criticised by Washington.

Saudi Arabia has pledged to achieve net zero carbon emissions by 2060.(REUTERS)
Published on Mar 12, 2023 01:56 PM IST
AFP | | Posted by Singh Rahul Sunilkumar

Saudi Aramco's Luberef expects to raise up to $1.32 bn from IPO

Aramco owns 70% of Luberef and Saudi investment bank Jadwa Investment the remaining 30%. The final share price will be announced next Sunday, with subscriptions for individual investors running from December 14 to December 18.

Saudi Aramco's record listing in late 2019, later boosted to total $29.4 billion in proceeds, was the world's largest IPO.(Reuters)
Published on Dec 04, 2022 02:31 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar

Saudi Aramco officer jailed in Uttarakhand for carrying satellite phone: Reports

Fergus MacLeod, who was arrested from a hotel on July 12, said he had been unaware of the ban, which was introduced after such devices were used by terrorists who attacked Mumbai in 2008.

Fergus MacLeod, head of investor relations at Saudi Aramco, was released after paying a fine of <span class='webrupee'>₹</span>1,000, (Pic for representational purpose only)
Updated on Oct 26, 2022 08:47 AM IST
By, New Delhi

Saudi Aramco unveils record $48.4 billion profit in Q2

Net income leapt 90 percent year-on-year for the world's biggest oil producer, which clocked its second straight quarterly record after announcing $39.5 billion for Q1.

The quarterly profits, the highest since Aramco's record-breaking IPO, beat a company-compiled analyst forecast of $46.2 billion.(AFP)
Published on Aug 14, 2022 05:43 PM IST
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