Saudi Aramco

Saudi Aramco Q1 reports decline in profit amid Coronavirus outbreak

Saudi Aramco Q1 reports decline in profit amid Coronavirus outbreak

Saudi Aramco, the kingdom's energy producer, announced on Tuesday a net income of USD 16.7 billion for the first three months of the year...Read More

Teji Mandi - Reliance Industries Limited: What does it want to achieve with the recent rights issue?

Teji Mandi - Reliance Industries Limited: What does it want to achieve with the recent rights issue?

Reliance Industries has been on a mission mode to act on its debt reduction plan after the Saudi Aramco deal got derailed.

Saudi Aramco reports 20.6 per cent drop in 2019 profit

Saudi Aramco reports 20.6 per cent drop in 2019 profit

These are the first annual results to be announced by the energy giant after its historical USD 29.4 billion initial public offering and ...Read More

Saudi Aramco says to hike output, escalating price war

Saudi Aramco says to hike output, escalating price war

The production cut had been mooted to shore up global oil prices, which have gone into meltdown as the deadly new coronavirus casts a pal...Read More

Gulf stock markets plunge as oil cut deal fails, Aramco below offer price

Gulf stock markets plunge as oil cut deal fails, Aramco below offer price

Fears of a price war were stoked as Saudi Arabia -- the world's top exporter -- quickly responded by making significant cuts to its oil p...Read More

Saudi Aramco reaches USD 2 trillion value in day 2 of trading

Saudi Aramco reaches USD 2 trillion value in day 2 of trading

Shares jumped in trading to reach up to 38.60 Saudi riyals, or $10.29 before noon, three hours before trading closes.

Saudi Aramco announces largest IPO

Saudi Aramco announces largest IPO

Riyadh: Saudi Arabian state oil giant Saudi Aramco priced its initial public offering (IPO) at the high end of the targeted range, a leve...Read More

Saudi Aramco front runner in buying stakes in Bharat Petroleum: Report

Saudi Aramco front runner in buying stakes in Bharat Petroleum: Report

The Cabinet Committee on Economic Affairs has not yet taken up the proposal to sell the government's entire stake in public sector refine...Read More

Saudi Aramco's IPO opens on November 17

Saudi Aramco's IPO opens on November 17

The 658-page document, released just before midnight Saturday, said the final share price will be determined on December 5 -- a day after...Read More

The world’s biggest IPO announced, Saudi Aramco to list on Riyadh exchange

The world’s biggest IPO announced, Saudi Aramco to list on Riyadh exchange

New Delhi - Saudi Arabian Oil Co, or Saudi Aramco, on Sunday announced that it will list on the Saudi Stock Exchange, or Tadawul, in Riya...Read More

Government says Saudi Aramco to keep 4.6 mn barrels of oil in Indian storage

Government says Saudi Aramco to keep 4.6 mn barrels of oil in Indian storage

New Delhi: India will lease a quarter of its strategic petroleum reserve in Padur to Saudi Aramco to store about 4.6 million barrels of o...Read More

Saudi Aramco’s IPO to open on December 11: Report

Saudi Aramco’s IPO to open on December 11: Report

Dubai: Energy giant Saudi Aramco will make its long-awaited debut on the Riyadh stock market on December 11, Saudi-owned Al-Arabiya telev...Read More

Reliance Industries begins journey of becoming a zero debt company

Reliance Industries begins journey of becoming a zero debt company

India’s richest man Mukesh Ambani recently announced plans to sell stakes in his flagship company Reliance Industries to Saudi oil major ...Read More

Saudi Aramco may show interest in buying government’s stake in BPCL

Saudi Aramco may show interest in buying government’s stake in BPCL

It is learnt that energy giant Saudi Arab is likely to express its interest in the strategic sale of BPCL during the Prime Minister Naren...Read More

Fuel prices continue to soar, Rs 80 per litre in Mumbai

Fuel prices continue to soar, Rs 80 per litre in Mumbai

New Delhi: Petrol and diesel prices continued the upward trend on Friday with petrol selling at Rs 80/litre and diesel at Rs 70.55/litre ...Read More

Petrol, diesel prices on fire; Surge for 7th straight day

Petrol, diesel prices on fire; Surge for 7th straight day

New Delhi: Petrol and diesel prices in the country continued to surge for the seventh day on Monday on the back of the ongoing tensions i...Read More

Petrol, diesel prices witness steepest hike since July 5

Petrol, diesel prices witness steepest hike since July 5

New Delhi: Petrol and diesel prices were on Wednesday hiked by 24-25 paise per litre, the steepest increase since July 5 Union Budget, as...Read More

Emerging economies like India more vulnerable to big oil price moves: Report

Emerging economies like India more vulnerable to big oil price moves: Report

New Delhi: Given weak consumer demand, higher oil prices can result in stagflation in an emerging economy like India, which imports more ...Read More

Oil prices zoom on slashed Saudi output

Oil prices zoom on slashed Saudi output

London: Brent crude surged by 20 per cent Monday -- the biggest gain since the 1991 Gulf War -- after weekend drone attacks on two Saudi ...Read More

Saudi Arabia assures India of no oil supply shortage: Oil Ministry

Saudi Arabia assures India of no oil supply shortage: Oil Ministry

New Delhi: India, the world's third-largest oil consumer, will not be hit by a reduction in production at its No. 2 supplier Saudi Arabia...Read More

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