Saudi Aramco

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TMT

04 November, 2024

MENA Digest: Pass, Nabt, ARKTECH lead funding activities

Qatari logistics startup Pass led funding activity in the Middle East and North Africa region last week, as it secured ......

Manufacturing

17 September, 2024

Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG

Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......

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 ......

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 ......

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 ......

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 ......

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 ......

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, ......

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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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 ......