Keyword: Saudi Aramco

News

Aramco and Dow Amend Sadara Agreement

31.03.2021 -

Saudi Aramco and Dow have amended the shareholders agreement for their Sadara Chemical joint venture with the partners taking on direct responsibility for marketing their...

News

Aramco and SABIC Re-assess Crude-to-Chemicals Complex

21.10.2020 -

Saudi Aramco and SABIC are re-evaluating the scope of their proposed crude oil-to-chemicals (COTC) complex in Yanbu, Saudi Arabia.

News

Aramco Reorganizes Downstream Business

20.07.2020 -

Saudi Aramco said it will reorganize its downstream business by the end of the year to support and enhance integration across the hydrocarbon value chain and better...

Markets & Companies

Slowing Investment Wave in Chemical and Oil Industries

26.03.2020 - In the wake of the coronavirus and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capital spending (CAPEX) for growth projects to...

News

EU to Rule on Aramco-SABIC Deal by Feb. 27

30.01.2020 - The European Commission has given itself until Feb. 27 to decide whether to approve plans by state-owned oil and energy group Saudi Aramco to take a 70% stake in compatriot...

News

Aramco Exercises Greenshoe Option

14.01.2020 - Saudi Aramco completed its initial public offering on Saudia Arabia’s Tadawul stock exchange in December at a valuation matching Prince Mohammed bin Salman’s vision of $2 trillion...

News

Saudi Aramco Shares Surge After Debut

13.12.2019 - Despite dire predictions from analysts, Saudi Aramco’s freshly launched share soared on the national Tadawul exchange in Riyadh in the early days of trading, nearly touching Crown...

News

Aramco Valuation Misses Prince’s Target

18.11.2019 - As it prepares for an initial public offering, Saudi Arabia has assigned a preliminary valuation of state-owned oil group Aramco, spanning a range of $1.6 -$1.71 trillion. This is...