A fire killed five people at a refining and petrochemicals complex in southern Malaysia owned by Petronas and Saudi Aramco, authorities said on Monday. Reuters - Published
Saudi Arabia's state oil giant Aramco said on Sunday its 2019 profit fell almost 21% due to lower crude oil prices and a drop in production volumes. Reuters - Published
Saudi Arabia's state-run oil giant Saudi Aramco announced a drop in its 2019 profit of nearly 21% on Sunday, falling well below analysts' expectations just three months after selling shares to the.. Reuters - Published
Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, and also posted a plunge in profit for last year, missing forecasts in its first earnings.. Reuters - Published
Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, as it posted a 21% decline in 2019 net profit due to a drop in oil prices and production, its first.. Reuters - Published
Oil prices fell on Wednesday, giving up earlier gains, pressured by Saudi Arabia's plans to boost oil production capacity for the first time in more than a decade and weakened demand due to the spread.. Reuters - Published
Shares of Saudi state oil company Aramco fell below their initial public offering (IPO) price on Sunday for the first time since they began trading in December after the OPEC oil supply cut pact with.. Reuters - Published
Shares of Saudi Aramco hit 32.50 riyals ($8.66) in intraday trade on Sunday, the lowest since it began trading in December following a record initial public offering, as oil prices plunged amid worries.. Reuters - Published
Yemen's Houthi military spokesman said on Friday the group had launched 26 rocket attacks in the past week against airports in southern Saudi Arabia, facilities belonging to oil giant Saudi Aramco and.. Reuters - Published
Yemen's Iran-aligned Houthi movement said on Wednesday it had fired rocket and drone strikes at Saudi targets including Aramco oil facilities, the group's first claim of such attacks since it offered.. Reuters - Published
Yemen's Iran-aligned Houthi movement said on Wednesday it had carried out operations targeting facilities belonging to Saudi Aramco in Jizan on the Red Sea, but there was no immediate confirmation from.. Reuters - Published
The talk's all been about Saudi Aramco, and the suspense of its historic drive to whip up international cash. But, more quietly, its Gulf oil peer ADNOC has also been courting foreign funds - and its.. Reuters - Published
State-owned oil company Saudi Aramco said on Sunday it had exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record.. Reuters - Published
Saudi Aramco shares gained for a third consecutive day on Sunday, rising 1.63% to 37.4 Saudi riyal ($9.97), pushing the company's value back toward the $2 trillion level it topped last week. Reuters - Published
Saudi Aramco's shares went up slightly to 37 Saudi riyals ($9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company's market value slightly below $2 trillion. Reuters - Published
Saudis took to Twitter to celebrate Aramco's valuation hitting $2 trillion on Thursday, with one posting praising de-facto leader Crown Prince Mohammed bin Salman as a fortune teller. Reuters - Published
Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the.. Reuters - Published
Saudi Aramco's shares opened up 10% in their second trading session on Thursday, briefly sending the state-owned oil company's market value above the $2 trillion target sought by Saudi leader Crown.. Reuters - Published
Saudi Aramco's shares jumped 10% at market open on Thursday to 38.7 riyals, implying a market value of $2 trillion, before dipping in early trade, Refinitiv data showed. Reuters - Published
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2.. Reuters - Published
Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought.. Reuters - Published
Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought.. Reuters - Published
Saudi Aramco's listing will boost the kingdom's efforts to diversify from oil as the bulk of proceeds will be injected in domestic projects, while the global buzz surrounding the deal will help lure.. Reuters - Published
Saudi Aramco shares opened up 10% on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman. Reuters - Published
Saudi Aramco shares opened at 35.2 riyal ($9.39) on Wednesday, 10% above their IPO price of 32 riyals, in their first day of trading following a record initial public offering. Reuters - Published
Saudi Aramco will become the world's largest listed company when it debuts on the kingdom's stock exchange on Wednesday, the bourse's chairwoman said. Reuters - Published
Saudi Aramco shares were indicated at 35.2 riyal ($9.39) each in the pre-market auction on Wednesday, 10% above their IPO price of 32 riyals, Refintiv data shows. Reuters - Published
Saudi Aramco shares were indicated at 35.2 riyal ($9.39) each in the pre-market auction on Wednesday, 10% above their IPO price of 32 riyals, Refintiv data shows. Reuters - Published
Non-Saudi investors in oil giant Saudi Aramco's initial public offering have been allocated 23.1% of the institutional tranche, one of the lead banks working on the transaction said on Tuesday. Reuters - Published
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said. Reuters - Published
The proceeds from Saudi Aramco's record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading.. Reuters - Published
OPEC and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia's energy minister told Reuters. Reuters - Published
The Saudi Aramco IPO was supposed to be a cornerstone of Crown Prince Mohammed bin Salman's ambitious plan to open the gates to foreign investment in the kingdom. But there's no sign of a stampede. Reuters - Published
State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world's biggest flotation by raising more than Alibaba's $25 billion.. Reuters - Published
State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation, above.. Reuters - Published
Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Reuters - Published
Saudi Aramco's bookrunners have recommended pricing its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said,.. Reuters - Published
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