Aramco acquires 70% stake in SABIC for $69.1 bn
The payments will be funded in part by four bonds issued by Aramco to the PIF...
Tag : Aramco
Aramco to review SABIC’s price after 40% drop in its value
Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...
Aramco slashes oil prices in Asia despite historic deal
Aramco slashed its selling price for Asian buyers by $4.20 per barrel...
Aramco mulls selling pipeline stake to raise cash
Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic...
Coronavirus, oil price war take its toll on African oil producers
Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession...
Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...
Adnoc to supply over 4 mn bpd from April as global oil price plunges
The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030...
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...
CEO: No secondary listing of Aramco shares to take place for a year
An international listing will be discussed by Aramco, but not at this point of time...
Saudi Arabia issues new digital banking guidelines
The guidelines complement SAMA’s banking licensing guidelines and minimum criteria...