The Business Times

Saudi Aramco

Companies & Markets

Saudi oil giant Aramco raises US$3 billion from Islamic bonds

Aramco is developing the over US$100 billion Jafurah project to supply fuel to domestic power plants as well as for export.
Energy & Commodities

BlackRock gets US$10 billion financing for Aramco deal: sources

In contrast to the hikes to Asian buyers, the kingdom cut prices for its European customers by the most in a year.
Energy & Commodities

Saudis raise crude prices to Asia after Opec+ adds barrels

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
Companies & Markets

Saudi Aramco could tap debt markets again after US$5 billion bond sale

Aramco, which has one of the world’s lowest oil extraction cost of about US$3 a barrel, can sustain a period of weak prices, Amin Nasser says.
Energy & Commodities

Aramco will keep borrowing, CEO says, as oil slump cuts cashflow

Aramco’s net debt rose to the highest in almost three years in the first quarter as it spends tens of billions of dollars on operations and a massive dividend at a time when oil prices have softened.
Energy & Commodities

Saudi Aramco kicks off its first dollar bond sale this year

Saudi Aramco logo is the world’s largest oil-producing company and the main source of Saudi state revenue.
Energy & Commodities

Saudi Aramco considers asset sales to free up funds: sources

The agreement was signed by Sinopec, its unit Fujian Petroleum Chemical Industry Co, and Saudi Aramco’s Singaporean unit Aramco Asia Singapore (AAS).
Energy & Commodities

China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV

FILE PHOTO: The Saudi Aramco logo is pictured in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/File Photo
Energy & Commodities

Saudi Aramco looks to invest in Indian refineries

FILE PHOTO: Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo
Energy & Commodities

Aramco cuts oil prices to Asia as Opec+ eases output curbs

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