saudi aramco

 

Saudi Aramco aims to buy controlling stake in SABIC: Sources

Jul 23 2018 | 8 hrs ago

Saudi Aramco aims to buy a controlling stake in petrochemical maker SABIC (2010.SE), possibly taking the entire 70 percent stake owned by Saudi Arabia’s sovereign wealth fund, two sources familiar with the matter told Reuters.

Aramco's potential SABIC deal to affect IPO timing, CEO says in interview transcript

Jul 21 2018

Saudi Aramco’s potential acquisition of a stake in petrochemicals maker SABIC would affect the time frame of its own planned initial public offering, the firm’s chief executive, Amin Nasser, said in a TV interview transcript.

Saudi Aramco in talks for stake in world's no. 4 chemical firm

Jul 19 2018

Saudi Aramco (IPO-ARAM.SE) said it is looking to buy a stake in Saudi petrochemical maker SABIC (2010.SE), a move that could boost the state oil giant’s market valuation ahead of a planned initial public offering.

Saudi Aramco mulls stake in world's number 4 chemical firm: Sources

Jul 18 2018

Saudi Aramco IPO-ARAM.SE has invited banks to pitch for an advisory role on the potential acquisition of a strategic stake in Saudi Basic Industries Corp (SABIC) 2010.SE, two sources with direct knowledge of the matter told Reuters.

Aramco more resilient to oil slump than listed rivals: accounts

Jul 09 2018

Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into Aramco’s finances ahead of a proposed flotation.

Maha govt not consulted on Aramco, ADNOC pact: Sena minister

Jun 26 2018

Shiv Sena alleged the state govt was not taken into confidence about an MoU signed by ADNOC with Saudi Aramco to take a stake in the planned USD 44-bn refinery in Maharashtra.

Saudi Aramco CEO says has 2 mn barrels per day of spare capacity

Jun 25 2018

Saudi Aramco said it has a spare capacity of 2 million barrels per day and can meet additional oil demand in case of any interruption in supplies.

Abu Dhabi's ADNOC signs pact to take stake in Ratnagiri project

Jun 25 2018

ADNOC signed an initial agreement to pick up a stake in the planned USD 44-billion refinery-cum-petrochemical project in Ratnagiri, Maharashtra.

FCA presses ahead with 'Aramco' listing rule

Jun 08 2018

Britain’s markets watchdog will press ahead with a new premium listing next month aimed at attracting companies like state-controlled Saudi Aramco to London.

Saudi Aramco agrees gasoline term with Pertamina for the 1st time

Jun 06 2018

Saudi Aramco has agreed a term contract with Indonesia’s Pertamina for the first time to supply gasoline over July to December this year, traders familiar with the matter said.

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