All publications by tag «SAUDI»
2021, June, 22, 12:00:00
ARAMCO DEAL $12.4 BLN
Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, for $12.4 billion.
2021, June, 22, 11:55:00
ARAMCO RAISES $6 BLN
Aramco President & CEO, Amin H. Nasser, said: “We are very pleased with the global investment community’s response to Aramco’s first international dollar Sukuk, which attracted demand 20 times the initial targeted issuance size.
2021, May, 18, 13:10:00
FRANCE'S RENEWABLES FOR SAUDI ARABIA
Saudi Arabia is aiming to generate 50 percent of its energy from renewables by 2030, with the remainder provided by gas.
2021, May, 5, 16:10:00
SAUDI ARAMCO NET INCOME $21.7 BLN
Net income for the first quarter of 2021 increased to SAR 81,440 ($21,717), from SAR 62,478 ($16,661) for the same period in 2020, primarily driven by higher crude oil prices, improved downstream margins and the consolidation of SABIC’s results, partly offset by lower crude oil volumes sold.
2021, April, 20, 13:40:00
SAUDI'S OIL DOWN
The kingdom exported 5.63 million b/d in February, according to JODI data released April 19, down 957,000 b/d from January.
2021, April, 12, 10:20:00
OPEC+ OIL PRODUCTION UP 450 TBD
With the production gains, OPEC+ compliance with its quotas slipped to 111% in March, compared with 113.5% in February, juiced by Saudi Arabia voluntarily cutting an additional 1 million b/d since January.
2021, April, 12, 09:35:00
SAUDI ARAMCO INVESTMENT $12.4 BLN
Upon closing, Aramco will receive upfront proceeds of around $12.4 billion, further strengthening its balance sheet through one of the largest energy infrastructure deals globally.
2021, April, 9, 11:05:00
SAUDI'S RENEWABLE INVESTMENT $16 BLN
The Kingdom wants to increase the generation capacity of renewable energy sources to about 58.7 gigawatts by 2030, of which 40 gigawatts (GW) would be from solar and 16GW from wind energy and the balance coming from other renewable energy sources,
2021, March, 26, 12:20:00
SAUDI'S HYDROGEN FOR JAPAN
During the feasibility study, ENEOS and Saudi Aramco will jointly look at Aramco's hydrogen production derived from feedstocks such as natural gas and LPG as well as capture and storage of its associated CO2 from production, ENEOS said.
2021, March, 22, 09:15:00
SAUDI ARAMCO NET INCOME $49 BLN
Aramco achieved a net income of $49 billion in 2020, one of the highest earnings of any public company globally.