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Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Saudi Aramco kick-starts what could be world's biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

4 Nov 2019 9:24 AM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Saudi Aramco appoints first woman to the board

They are joined by Lynn Laverty Elsenhans, the former chairwoman, president and CEO of US oil refiner Sunoco Inc.

29 April 2018 3:40 PM IST

Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Aramco IPO will be Saudi crown prince's decision: minister

Aramco was expected to launch the first part of a two-stage IPO earlier in October.

30 Oct 2019 2:57 PM IST

Billionaire Mukesh Ambani.

Ambani says slowdown in India temporary, reforms undertaken to reverse...

The govt has taken a string of policy measures over the past couple of months to shore up the economy and revive credit.

29 Oct 2019 5:55 PM IST

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

Aramco to make stock market debut on December 11: report

Aramco was expected to launch the first part of a two-stage IPO earlier in October.

29 Oct 2019 3:20 PM IST

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

Saudi Arabia plans bumper Aramco IPO, relying on easy loans and rich...

The IPO will be a gift from the government to the Saudi people and they will want as many of them as possible to take...

18 Oct 2019 9:09 AM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Saudi oil prices for Asia expected to jump in November after attack

Saudi Aramco officials as a matter of policy do not comment on the kingdom's monthly OSPs.

3 Oct 2019 10:54 AM IST

Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Saudi Aramco IPO oversubscribed so far, but not by big margin

Saudi banks have been offering citizens easy loans to bid for shares in Aramco.

30 Nov 2019 12:03 PM IST

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Saudi Aramco in race for IPO record with USD 1.7 trillion top value

Aramco cannot sell its shares directly to investors in the United States and other markets, as the IPO will be...

18 Nov 2019 9:20 AM IST

But investing in Aramco is also a bet on the price of oil and growth in global demand for crude, which is expected to slow from 2025.

Saudi Aramco prices shares at top of range in world's biggest IPO

Around 4.9 million Saudi retail investors have bought shares in the oil giant.

6 Dec 2019 10:43 AM IST

Reliance Communications (RCom) on Friday said that it was in advanced talks with Ericsson to resolve commercial issues to exit the bankruptcy proceedings.

Saudi Aramco in talks with Reliance for joint investment in petchem,...

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 IST

Maharashra CM Devendra Fadnavis

Maharashtra to move planned Saudi Aramco refinery after farmers...

Stare-run oil companies and Saudi Aramco have teamed up to build the USD 44 billion refinery

19 Feb 2019 12:15 PM IST