The Business Times

Saudi Aramco

Energy & Commodities

Saudi Aramco weighs raising billions of dollars from its biggest disposals yet

It’s weighing the sale of a stake in its oil export and storage terminals

The surprise earnings show some of the strain on Aramco easing after a sequence of lower profit in the past couple of years.
Energy & Commodities

Aramco profit beats estimates in first sign of easing pressure

Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier

Aramco priced US$1.5 billion in five-year Islamic bonds, or sukuk, at a profit rate of 4.125 per cent and US$1.5 billion in 10-year sukuk at a profit rate of 4.625 per cent,
Companies & Markets

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

Investors appear unperturbed by an Israeli attack on neighbouring Qatar

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

The majority of the financing is a seven-year loan facility, which could later be refinanced in the bond market

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

Burgeoning demand for transport fuels has bolstered refining margins and helped the market to absorb the added barrels

The prospectus, submitted to the London Stock Exchange where the sukuk would be listed, is dated May 30.
Companies & Markets

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

[DUBAI] Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon tap the debt markets again after it raised US$5 billio...

CEO Amin Nasser says 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, .
Energy & Commodities

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

Riyadh has led a push by the biggest Opec+ producers to unwind supply cuts at a faster-than-scheduled pace, at a time when there are concerns over demand amid US President Trump’s tariff policies

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

The world’s biggest oil exporter is selling bonds with five, 10 and 30-year maturities

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

[DUBAI] Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crud...

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

[BENGALURU] China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company with a registered capital of 28.80 billion yua...

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