Aramco News
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By AFP
Apo -
Energy giant Saudi Aramco said Wednesday it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies.
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By AFP
Apo -
Energy giant Saudi Aramco said Wednesday it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies.
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By AFP
Apo -
Saudi Aramco's shares soared on their debut on the domestic stock exchange Wednesday, becoming the world's biggest listed company worth $1.88 trillion after a record-breaking IPO.Aramco had priced the initial public offering at 32 riyals ($8.
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By AFP
Apo -
Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion. Aramco said it would sell 1.
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By AFP
Apo -
Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion.Aramco said it would sell 1.
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By AFP
Apo -
From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it offered few listing details.
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By AFP
Apo -
Saudi Aramco on Sunday confirmed it planned to list on the Riyadh stock exchange, describing it as a "significant milestone" in the history of the energy giant.
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By AFP
Apo -
Saudi Arabia on Sunday announced the stock market debut of energy giant Aramco, in what could be the world's biggest IPO, underpinning Crown Prince Mohammed bin Salman's ambitions to overhaul the kingdom's oil-reliant economy.
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By AFP
Apo -
The weapons used to strike Saudi oil facilities were Iranian-made, the Riyadh-led coalition said Monday, heightening fears of regional conflict after the US hinted at a military response to the assault.
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By AFP
Washington -
The White House said on Sunday President Donald Trump may still meet his Iranian counterpart Hassan Rouhani, despite the US accusing Iran of masterminding drone attacks on Saudi Arabian oil facilities.
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By AFP
Apo -
Saudi energy giant Aramco is battling to reassure markets after devastating attacks on two oil plants, where a prolonged shutdown risks roiling investor confidence ahead of the state-owned giant's mega stock listing, analysts say.
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By AFP
London -
Oil prices made their biggest jump since the Gulf War on Monday after President Donald Trump warned that the US was "locked and loaded" to respond to attacks on Saudi oil infrastructure that Washington blamed on Iran.
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By AFP
Tehran -
Iran on Sunday dismissed US accusations it was behind drone attacks on Saudi oil installations, suggesting Washington was seeking a pretext to retaliate against the Islamic republic.
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By AFP
Apo -
Drone attacks launched by Yemeni rebels on Saudi oil facilities on Saturday have exposed the threat to critical infrastructure in the kingdom.
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By AFP
Apo -
Drone attacks sparked fires at two Saudi Aramco oil facilities on Saturday, the interior ministry said, the latest such assault claimed by Yemeni rebels as the energy giant prepares for a much-anticipated stock listing.
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By AFP
Apo -
Fires broke out at two Saudi Aramco oil facilities after they were struck by drones early Saturday, the kingdom's interior ministry said."At 4.
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By AFP
Apo -
A bond sale by energy giant Saudi Aramco to raise $10 billion towards its purchase of a controlling stake in chemicals behemoth SABIC closes Wednesday, Riyadh's energy minister said.
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By AFP
Apo -
Saudi state oil giant Aramco said Wednesday it is buying a 70 percent stake in petrochemicals behemoth SABIC, in a deal worth $69.1 billion.
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By AFP
Apo -
Saudi Arabia sought to raise billions through a historic Aramco IPO to remake its oil-dependent economy, but with those efforts floundering the state-owned giant is mulling what analysts call a risky Plan B.
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By AFP
Apo -
Saudi national oil giant Aramco said Sunday that five new members had been appointed to its board of directors, including the first woman in the firm's history.Lynn Laverty Elsenhans, 60, is the former head of US oil company Sunoco Inc.
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By AFP
Riyadh -
Saudi Arabia will sell shares in state oil giant Aramco and set up the world's largest wealth fund under a long-term economic reform plan, the deputy crown prince said Monday.
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Port Arthur -
Workers at the largest oil refinery in the United States joined a growing nationwide strike Saturday when they left their jobs at the Motiva Enterprises LLC facility in Port Arthur, Texas.
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Aramco Image
Saudi Aramco oil pipe lines,Jubail Suresh Babunair
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