A minority stake sale could fetch around USD 10 billion to USD 15 billion.
17 Apr 2019 9:20 AM
Aramco was expected to raise around USD 10 billion from the deal.
09 Apr 2019 2:09 PM
Saudi Aramco would buy a 70 per cent stake in Saudi Basic Industries Corp from the kingdom’s wealth fund for USD 69.1 bn.
01 Apr 2019 9:53 AM
The Saudi national oil company along with its partner UAE's Adnoc has taken a 50 per cent stake.
20 Feb 2019 2:42 PM
Stare-run oil companies and Saudi Aramco have teamed up to build the USD 44 billion refinery
19 Feb 2019 12:15 PM
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
05 Sep 2018 9:41 AM
India has a refining capacity of 232.066 MT, which exceeded the demand of 194.2 MN in 2016-17.
15 Aug 2018 2:41 PM
Allowing Saudi women to drive could help the kingdom reap as much income as selling shares in Saudi Aramco.
25 Jun 2018 1:22 PM
The state govt, which is responsible for acquiring the land, has so far failed to secure even one acre of the roughly 15,000 acres.
17 May 2018 2:49 PM
They are joined by Lynn Laverty Elsenhans, the former chairwoman, president and CEO of US oil refiner Sunoco Inc.
29 Apr 2018 3:40 PM
Country's top refiner Indian Oil Corp will initially hold a 50 per cent stake in the project.
15 Jun 2017 11:33 AM
Chinese firms interested to secure crude oil supplies through this deal.
20 Apr 2017 1:26 AM
Al-Eqtisadiah daily quoted an unnamed official as saying sale would raise funds to be spent 'at home and abroad'.
24 Dec 2016 6:07 PM