EnergyAramco delays mega petro projects to save cash and preserve dividendsPritam BordoloiSeptember 3, 2020 by Pritam BordoloiSeptember 3, 2020Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold...Read more
Oil & GasAramco discovers two new oil fields in northern parts of the kingdomPritam BordoloiAugust 31, 2020 by Pritam BordoloiAugust 31, 2020The oil fields have been discovered in Northern region of Abraq Al Toloul and Al Jof...Read more
Oil & GasAramco to go ahead with plans to boost output capacity to 13 mn bpd: CEOPritam BordoloiAugust 11, 2020 by Pritam BordoloiAugust 11, 2020Aramco will go ahead with the plan despite a significant cut in capital expenditure...Read more
Energy FeaturedSABIC to develop world’s first renewable energy powered chemical plantPritam BordoloiJuly 30, 2020 by Pritam BordoloiJuly 30, 2020The plant will be built in Cartegena, Spain...Read more
Featured Oil & GasAramco to reorganise downstream business to support its global growthPritam BordoloiJuly 15, 2020 by Pritam BordoloiJuly 15, 2020Aramco will expand its downstream business globally...Read more
Featured Oil & GasAramco acquires 70% stake in SABIC for $69.1 bnPritam BordoloiJune 15, 2020 by Pritam BordoloiJune 15, 2020The payments will be funded in part by four bonds issued by Aramco to the PIF...Read more
Energy FeaturedAramco to review SABIC’s price after 40% drop in its valuePritam BordoloiMay 11, 2020 by Pritam BordoloiMay 11, 2020Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...Read more
Featured Oil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020Aramco slashed its selling price for Asian buyers by $4.20 per barrel...Read more
Featured Oil & GasAramco mulls selling pipeline stake to raise cashInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic...Read more
Featured Oil & GasCoronavirus, oil price war take its toll on African oil producersInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession...Read more