Saudi Aramco
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Posted On NewsSaudi Aramco considering investment in Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its…
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Posted On NewsSaudi Arabia may cut May oil prices for Asia to three-month low
Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep declines in benchmark…
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Posted On NewsAramco buys 50% of local blue hydrogen producer
Saudi Aramco has purchased a 50 percent stake in a low-carbon hydrogen production plant in Jubail, a city on the Gulf, owned by a unit of…
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Posted On NewsAramco launches its first carbon capture facility
Saudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens. This is the company’s first…
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Posted On NewsS&P raises Saudi Arabia’s rating amid ongoing reforms
S&P Global Ratings has upgraded Saudi Arabia’s rating to “A+” from “A” with a stable outlook, citing socioeconomic and capital market reforms. Strong non-oil growth…
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Posted On NewsChinese demand for Saudi crude to drop 13% in April
Shipments of crude oil by Saudi Arabian to its biggest customer, China, are expected to drop in April to their lowest in more than a…
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Posted On NewsAramco slashes blue ammonia output to reduce costs
Saudi Aramco has scaled down its low carbon ammonia production target by 80 percent because of high costs and low demand. The company has adjusted its…
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Posted On NewsAramco-owned Sabic turns $400m profit in 2024
Saudi Basic Industries Corporation (Sabic), which is 70 percent owned by state oil company Saudi Aramco, turned a profit last year after losing money in 2023.…
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Posted On NewsJPMorgan expects no special Aramco dividend in 2025
Saudi Aramco is forecast to have no performance-linked dividend this year after a more balanced 2024 cash cycle followed earlier bumper results that backed the special…
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Posted On NewsSaudi Aramco re-enters Philippines after 17 years
Saudi Aramco, which trades on the Saudi Exchange (Tadawul), will acquire a 25 percent stake in the third-largest petroleum company in the Philippines, as part…
Liyana Parker
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