Browsing: Aramco

RIYADH: Saudi Aramco has adjusted its pricing for Arab Light crude oil sold to Asia for September, increasing it to Platts Dubai/DME Oman +$2 per barrel, up from +$1.80 in August.

RIYADH: Energy giant Saudi Aramco’s growth capital arm, Wa’ed Ventures, has invested $15 million in chipmaker firm Rebellions, marking the fund’s first investment in a South Korean startup.  

RIYADH: Energy giant Saudi Aramco is set to acquire a 50 percent stake interest in the Jubail-based Blue Hydrogen Industrial Gases Co.

Saudi Aramco has discovered “two unconventional oil fields, a reservoir of light Arabian oil, two natural gas fields, and two natural gas reservoirs”: energy minister

RIYADH: Saudi Aramco’s shares rose by 1.06 percent on June 9, closing at SR28.60 ($7.63) after opening at SR27.95, marking the first trading day following a secondary share offering expected to raise around $11.2 billion.

RIYADH: Saudi Arabia is set to raise over $11.2 billion by selling shares in oil giant Aramco to fund its spending plans, after pricing its stock at SR27.25 ($7.27), the company announced.

RIYADH: Saudi Aramco has slashed July’s official selling price for the flagship Arab Light crude it sells to Asia, according to an official statement.

RIYADH: Energy giant Aramco has begun the sale of more than $10 billion worth of shares in what is the second public offering from the Saudi-based firm.

RIYADH: Energy giant Saudi Aramco has completed the acquisition of a 40 percent equity stake in Gas & Oil Pakistan as the company continues its global retail expansion. 

Saudi Arabia is selling a 0.64 percent stake in oil giant Aramco as the Kingdom pushes ahead with Saudi Crown Prince Mohammed bin Salman’s plan to diversify the economy.