Tag: Saudi Aramco
Saudi Aramco floors claimants to $18 billion arbitral award
US District Court for Southern District of Texas has dismissed an $18 billion arbitral award brought against Saudi Aramco by…
Saudi Arabia, Kuwait begin joint oil production
Saudi Aramco said on Wednesday a new agreement between Saudi Arabia and Kuwait has paved the way for the resumption…
Saudi Aramco valued at $2 trillion, beats Apple
Saudi Aramco stock defied skepticisms Thursday by soaring for a second day, topping the $2 trillion target sought by Saudi…
Saudi Aramco’s IPO opens
Saudi Arabia's state oil giant, Aramco kickstarted its initial public offering (IPO) on Sunday as the company's application to list…
Boon to Nigeria as oil prices soar after Saudi attacks
Forty eight hours after the drone attacks on Saudi oil facilities, Brent crude price reopened early Monday appreciating between 15-…
Saudi Arabia races to restore crude production
Saudi Arabia raced on Sunday to restart operations at oil plants hit by drone attacks which slashed its production by…
Saudi’s world largest crude oil facility on fire, hit by drones
Fires broke out at two facilities of Saudi Aramco, including the Abqaiq oil processing facility in Buqyaq, “the largest crude…
Yemeni rebels claim fresh attacks on Saudi oil refinery
The Yemen’s Houthi rebels said they launched multiple bomb-laden drone attacks on Saturday on an oil refinery of Saudi Aramco,…
Saudi Aramco to give advice on $6bn petchem project – S-Oil
S-Oil, South Korea’s No.3 oil refiner by capacity, said it had signed a memorandum of understanding with its top shareholder,…
Saudi Aramco, South Korean firms sign 12 pacts
Saudi Aramco has signed 12 pacts with South Korean partners worth billions of dollars, the company said in a statement…
Saudi Aramco plans change crude oil price formula
Saudi Aramco plans to change the formula used to price its long-term crude oil sales to Asia later this year,…