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Saudi Aramco

Aramco to keep Renault-Geely engine JV stake at 10%, pursue other M&As

Infrastructure

04 September, 2024

Aramco to keep Renault-Geely engine JV stake at 10%, pursue other M&As

Oil company Saudi Aramco does not plan to increase its 10% stake in fuel-based engines joint venture Horse Powertrain while ......

Aramco to buy stake in JV Petro Rabigh from Sumitomo Chemical

Manufacturing

07 August, 2024

Aramco to buy stake in JV Petro Rabigh from Sumitomo Chemical

Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical joint venture Petro Rabigh for $702 ......

Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical

Infrastructure

04 July, 2024

Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending ......

Saudi Arabia plans $10-bn Aramco share sale

Manufacturing

27 May, 2024

Saudi Arabia plans $10-bn Aramco share sale

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be ......

Aramco boasts a $31 bn dividend despite decline in earnings growth

Finance

07 May, 2024

Aramco boasts a $31 bn dividend despite decline in earnings growth

Saudi Arabian state-owned oil giant Aramco expects to pay $31 billion in dividends to the Saudi government and its shareholders ......

Shell in talks to sell its Malaysia fuel stations to Aramco

Infrastructure

06 May, 2024

Shell in talks to sell its Malaysia fuel stations to Aramco

Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, ......

Aramco chief's election as BlackRock director faces opposition from pension fund

Finance

02 May, 2024

Aramco chief's election as BlackRock director faces opposition from pension fund

A pension fund for New York City employees urged BlackRock's shareholders to vote against the election of Saudi Aramco's chief ......

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Grapevine: Aramco's VC arm building India team; IndoSpace eyes $800 mn InvIT

General

23 April, 2024

Grapevine: Aramco's VC arm building India team; IndoSpace eyes $800 mn InvIT

Saudi Aramco's venture capital arm, Prosperity7 Ventures, is establishing a team in India and is on the hunt for early-stage ......

Saudi Aramco launches $1.5 bn fund to aid global energy transition

Infrastructure

26 October, 2022

Saudi Aramco launches $1.5 bn fund to aid global energy transition

Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi ......

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Bain  and Co to draw Saudi fund's India investment plan

Infrastructure

26 April, 2022

Bain  and Co to draw Saudi fund's India investment plan

Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), has tasked Bain and Company to firm up an India strategy ......