Saudi Aramco’s third-quarter profits declined 15.4% year-over-year, but the state-owned oil giant will maintain its substantial dividend payout amid growing pressure on Saudi Arabia’s public …
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INDUSTRY NEWSLatest News
BlackRock-led investors in Aramco pipelines to raise USD 3 billion from bonds
The spreads on these bonds were adjusted from the initial guidance of approximately 205 and 225 basis points over U.S.
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INDUSTRY NEWSLatest News
Saudi Aramco in talks with U.S. LNG companies Tellurian, NextDecade for projects: sources
Aramco is actively competing with Shell to acquire the assets of Pavilion Energy, an LNG trading firm owned by Singapore’s Temasek Holdings, as it seeks …
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Aramco is the world’s largest oil company in terms of both daily crude production and market capitalisation.
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INDUSTRY NEWSLatest News
Saudi Arabia sets new appetite for international interest with $13.1 billion Aramco sale
Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman, has invested hundreds of billions of dollars through the kingdom’s sovereign Public Investment Fund (PIF) …
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Aramco has also invested in refineries and petrochemical projects in China and other regions, expanded its retail and trading businesses, and sharpened its focus on …
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Saudi Arabia has embarked on an economic transition plan called Vision 2030, which aims to expand the private sector.
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The company recorded a net profit of USD 32.6 billion for the quarter ending September 30, compared to USD 42.4 billion during the same period …