All publications by tag «SAUDI»
2019, November, 8, 11:00:00
SAUDI ARAMCO'S OIL FOR CHINA: +151 TBD
Saudi Aramco signed crude oil sales agreements for 2020 with five Chinese customers, increasing total volume by 151,000 barrels per day compared to their 2019 supply contracts.
2019, November, 8, 10:55:00
ARAMCO JOIN WBG
Saudi Aramco is joining the World Bank Initiative: ‘Zero Routine Flaring by 2030’. Saudi Aramco has a strong focus on flaring reduction, which remained at less than 1% of its total raw gas production in the first half of 2019.
2019, November, 5, 14:25:00
SAUDI ARAMCO'S PROFIT $68.2 BLN
Saudi Aramco earned net income of $68.2 billion compared with $83.1 billion for the same period a year ago, it said in a statement posted on its website. The state company’s revenue slipped to $217 billion from $233 billion.
2019, November, 5, 14:20:00
SAUDI ARAMCO'S VALUE $1.5 TLN
Bankers have told the Saudi government that investors will likely value the company at around $1.5 trillion, somewhat below the $2 trillion valuation by Saudi Crown Prince Mohammad Bin Salman when he first floated the idea of an IPO nearly four years ago.
2019, November, 1, 13:40:00
SAUDI ARABIA'S POWER PLANT $11.5 BLN
Saudi Aramco announced its intention to establish the Jazan Power Joint Venture. The JV will be 46% owned by Air Products, 25% by ACWA Power, 20% by Saudi Aramco and 9% by Air Products Qudra.
2019, October, 28, 13:20:00
U.S., SAUDI ARABIA'S ENERGY
The US continues to talk with Saudi Arabia about the kingdom's plans to produce nuclear energy for power generation and is still discussing the possibility of Gulf countries importing US LNG, the outgoing US secretary of energy said on Saturday.
2019, October, 25, 09:10:00
LUKOIL, ARAMCO DEVELOPMENT
Russian crude producer Lukoil is in talks with Saudi Aramco on potential joint projects outside Russia and Saudi Arabia, including some in Africa, CEO Vagit Alekperov said Wednesday on the sidelines of the Russia-Africa Summit in Sochi.
2019, October, 21, 13:10:00
SAUDI'S INVESTMENT FOR BANGLADESH $3 BLN
Saudi Aramco and Saudi utilities developer Acwa Power have signed a memorandum of understanding (MoU) with the Bangladesh government to develop a $3bn liquefied natural gas (LNG) terminal and power plant in the South Asian country.
2019, October, 16, 12:50:00
SAUDI ARABIA, RUSSIA INVESTMENT
Saudi Aramco has signed 10 agreements with Russian companies at the Saudi-Russian CEO Forum in Riyadh, as part of the state visit of the Russian President Vladimir Putin.
2019, October, 11, 11:45:00
SAUDI ARAMCO IPO: $100 BLN
With an oil production capacity of about 12mn b/d and posting a profit of $46.9bn in the first half of 2019, Aramco is betting institutional investors will rush to buy the 5% stake set to be sold by the Saudi government.
