2019-10-02 11:55:00
SAUDI ARAMCO DIVIDEND - 2020: $75 BLN
SAUDI ARAMCO - Dividend Prioritisation Mechanism
• The Board has sole discretion to declare dividends, based on the dividend policy, financial performance and balance sheet
targets
• The Board will declare an intention to distribute an annual base dividend of $75 Bn for 2020
• For the years 2020 to 2024, if annual dividends declared would have been less than $75 Bn, dividends to non-Government
shareholders are intended to be prioritised so that they receive their pro-rata share of a $75 Bn equivalent dividend
• In such case, the Government will receive the remaining amount of dividend
• Any differential in the dividend received by the Government due to prioritisation will not accrue or result in a liability to
the Government
• For avoidance of doubt, when dividends to shareholders are above $75 Bn, non-Government shareholders will receive their
pro-rata share of dividends
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Earlier:
2019, September, 30, 14:55:00
SAUDI ARABIA RENEWABLE DEVELOPMENT
Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil.
Chronicle:
2022, January, 20, 15:29:00
ГИДРОЭНЕРГЕТИКА ЦЕНТРАЛЬНАЯ АЗИЯ И КАСПИЙ 2022, ВЫСТАВКА И КОНГРЕСС
Рады сообщить, что свое участие в 6-м ежегодном международном конгрессе и выставке «Гидроэнергетика Центральная Азия и Каспий 2022» (г. Душанбе, Таджикистан, 16-17 февраля) подтвердили уже более 150 руководителей ключевых энергетических компаний региона.
2022, January, 20, 15:28:00
TRANSPORTATION OIL AND GAS CONGRESS, 21th-22th of February, 2022
Business and Technical Views On The Market At The Transportation Oil and Gas Congress 2022
2022, January, 20, 15:27:00
LEARN THE LATEST GLOBAL LNG TRENDS WITH LNGCON 2022
The next edition of the International LNG Congress (LNGCON 2022) takes place in Dusseldorf, Germany on March 28-30, 2022. Covering the whole LNG value chain, the Congress brings together decision makers of the industry to tackle the most relevant issues such as the role of LNG in the transition towards zero-carbon shipping.
2022, January, 20, 15:26:00
ENERGY WEEK CENTRAL ASIA & MONGOLIA 2022
To learn more, join the upcoming high-level international investment conference Energy Week Central Asia & Mongolia 2022, which will take place on 26-28th April in Tashkent.
2022, January, 20, 15:25:00
WORLD GAS CONFERENCE 2022
The 28th World Gas Conference (WGC 2022) takes place in Daegu, the energy city of Korea in May 2022.
2022, January, 20, 15:24:00
ARABIAN GREEN HYDROGEN $5 BLN
Engie plans to create a green hydrogen hub in the UAE and potentially other regions in a deal worth $5 billion, with the first 200 MW green hydrogen and ammonia project being developed in Abu Dhabi.
2022, January, 20, 15:20:00
INDONESIA'S ELECTRICITY + 3 GW
In 2022, the country is expected to commission 2,950 MW of power capacity and to build 4,632 km of transmission lines.