Search result for ARAMCO
Chemical Lotte Likely to Take Part in the Blue Hydrogen Alliance Headed by Aramco
Lotte Chemical is anticipated to take part in a worldwide alliance for blue hydrogen and ammonia proposed by Saudi Aramco, the largest energy corporation in the world.
Recently, the corporation and Saudi Aramco began discussions about working together in the ammonia and blue hydrogen in...
After an attack on an Aramco oil plant, oil prices have risen and begun to recover
Oil prices increased on Friday, recovering from early losses, as traders hurried to purchase following a missile strike on Saudi Arabia's state-run oil corporation Aramco's storage facility.
Brent crude increased $1.20, or 0.7%, to $119.92 per barrel, while West Texas Intermedia...
Sadara, a Saudi-American chemical joint venture, has turned a profit, wiping off $853 million in loss
RIYADH: Last year, Sadara Chemical Co., a joint venture between Saudi Aramco and Dow Chemical Co. in the United States, earned a profit, reversing losses of SR3.2 billion ($853 million) the year before.
The huge JV, which specialises in creating a wide spectrum of speciality chemicals, ...
NPCC Wins 2.2 billion Dollar Contract with Saudi Aramco
Saudi Aramco, an Oil and Gas giant in Saudi Arabia has partnered with the National Petroleum Construction Company of the United Arab Emirates for an offshore project in Saudi Arabia. The contract is worth 2.2 billion dollars and includes two packages for the Zuluf field.
On Monday, the ...
HHIH SIGNS HYDROGEN PROJECT DEAL WITH SAUDI ARAMCO
Highlights –
- HHIH sings hydrogen project deal with Saudi Aramco.
- Hyundai Oilbank Co. will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen.
- Hyundai Oilbank will be provided with blue ammonia.
- ...
S KOREAN AVIATION FUEL INFLUX RETRACTS BY 40% ON WEAK GLOBAL FUEL DEMANDS
- The consumption of jet fuel in South Korea saw a 40.5 percent year-on-year drop during the first quarter this year, according to the latest data feed from the Korea National Oil Corporation.
- With most international flights from Korea canceled due to weak travel demand and inter...
RELIANCE APPOINTS FORMER IOC CHAIRMAN SANJIV SINGH AS GROUP PRESIDENT
Highlights
• According to RIL Executive Director Hital R Meswani, Sanjiv Singh will be a member of the O2C business leadership team
• Majority of RIL's future activities are dependant on its $15 billion deal with Saudi Aramco
• RIL had previously a...
‘THE WORK IS STILL ON' SAYS ARAMCO CEO ON RIL DEAL WORTH $15 BILLION
Highlights
• The company is still in discussions with Reliance said Aramco CEO Amir Nasser
• Reliance is planning to sell 20 percent stake in its oil-to-chemical business to Saudi Aramco
• Reliance will the NCLT and complete this deal by early 2021 sai...
RELIANCE: WORLD’S NEW SECOND MOST VALUABLE ENERGY COMPANY
After jumping to the 46th spot in the list of world’s most valuable companies thanks to its market capitalisation of more than Rs 14 lakh crore, Reliance Industries Limited has now displaced ExxonMobil to become the world’s second most valuable energy company.
Few days ba...
SAUDI ARABIA DECLARES OIL WAR WITH $25 PER BARREL
Highlights:
- Russia and Saudi Arabia had a fall out on the issue of cutting oil production further
- Saudi Arabia goes on a free production
- Gets ARAMCO to overproduce to beat Russia in the oil global market
It’s ...
HYUNDAI HEAVY INDUSTRY CO. STRIKES A DEAL WITH ARAMCO
Highlights –
- Hyundai Heavy Industry to build offshore oil and gas facilities with Aramco
- Shares of Korea Shipbuilding & Offshore Engineering made a profitable jump
- It will be a $20 Billion project
Hyundai Heavy ...
PAKISTAN DEMANDS BIGGER PETROCHEMICAL PLANT DESPITE ARAMCO’S UNCERTAINTY OVER PROJECT SITE
Highlights:
- A senior official privy to the development has revealed Saudi Aramco may be setting up a refinery with the petrochemical complex at Hub, or at Somiani in the coastal areas of Balochistan near the city of Karachi, Pakistan.
- Authorities at P...
Pompeo Visits Saudi: Iran on Agenda.
After the visit to Addis Ababa, the Ethiopian capital, the US Secretary of State Mike has arrived in Riyadh to meet King Salman, Crown Prince Mohammed Bin Salman and the Foreign Minister Faisal Bin Farhan. Pompeo said that during his visit, threats posed by Iran to American troops in the region a...
The Oily Kingdom!
Saudi Aramco is a state-owned oil giant that has in today’s market emerged as one the most valuable publicly traded company. On December 11, 2019 the Initial Public Offer was rolled out and since then the valuation of the company it has reached almost 2.03 Trillion Dollars. The stock was li...
Saudi Aramco IPO and Alibaba IPO performed well in the market apart from Uber IPO
Saudi Aramco’s IPO
In the beginning of December month Saudi Aramco’s IPO priced at the top end of its range, at value of $1.7 trillion.
The stock’s first day of trading directly made the company officially known as the Saudi Arabian...
Saudi Aramco, listed by Tadawul, acquires 17% of Hyundai Oil bank
Saudi Aramco has completed the $1.2bn acquisition of a 17 % stake in South Korean trained worker Hyundai Oil bank from Hyundai Heavy Industries.
All necessary regulative approvals are secured for the acquisition, the energy large af...
Saudi Aramco IPO goes down by a small margin
The state-owned petroleum company, Saudi Arabia Saudi Aramco, estimated its coming IPO at 2 trillion dollars. However, according to a survey by Bloomberg of 24 big money managers, this assessment can be reduced by up to 40% when it is released. The survey showed that more than 40% of money manage...
Even after public offering to state own Aramco, Saudis are still stuck with OPEC
Saudi Arabia's proposed initial public offering to its state-owned oil company, Saudi Aramco, is fueling talk that it could spell the end of the price-control group known as the OPEC. But there is a crucial point omitted from such a study.
On the ground, it makes se...
Saudi Arabia’s planned initial public offering of its state oil company-price-controlling
Saudi Arabia's proposed initial public offering to its state-owned oil company, Saudi Aramco, is stirring speculation that it could spell the end of the rate-control cartel known as the OPEC. But there is a critical point omitted from such a study.
On the surface, it makes perfect s...
Possible boom to the gas markets as major companies eye their concerns
Along with the reports of Saudi’s Aramco trying to buy out the stakes in Bharat petroleum but there are other nations and other gas and oil giants eyeing the Indian market as the potential of gas increases among the Indian markets and deals are fueling the market to take a rocket towards th...