Email
Password
Remember meForgot password?
    Log in with Twitter

Aramco News

Saudis scramble to raise cash for Aramco share sale

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.

Saudi Aramco confirms plans to list on Riyadh bourse

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.

Saudi Aramco heads for possible record-setting market debut

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.

Weapons used in Saudi attacks 'came from Iran', says coalition

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.

Trump may meet Iran leader despite Saudi attacks: White House

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.

Saudi Arabia battles market jitters after oil plant attacks

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.

US hints at military response to Saudi attacks as oil prices surge

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.

Iran refutes US accusations over Saudi attacks

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.

Yemeni rebel attacks pose danger to Saudi infrastructure

Apo - Drone attacks launched by Yemeni rebels on Saudi oil facilities on Saturday have exposed the threat to critical infrastructure in the kingdom.

Yemeni rebel drones spark fires at two Saudi Aramco oil facilities

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.

Drones spark fires at two Saudi Aramco oil facilities

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.

Saudi Aramco bond sale to close Wednesday: minister

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.

Saudi Aramco buying $69 bn stake in chemicals giant SABIC

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.

Saudi Aramco deal throws IPO further into doubt

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.

Saudi Aramco appoints first woman to board of directors

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.

Saudi Arabia to sell stake in Aramco, create $2 trillion fund

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.

Workers threaten to strike Sunday at huge Texas refinery

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.
 

Search Digital Journal Archives


Set up a news alert for

Aramco


Aramco Image

Saudi Aramco oil pipe lines Jubail
Saudi Aramco oil pipe lines,Jubail
Suresh Babunair

Latest News
Top News