Tag: Saudi Aramco

Austin: Saudi Aramco, the Saudi Arabia’s state-owned oil behemoth, took 100 per cent control of the sprawling Port Arthur refinery in Texas on Monday, completing a deal that was first announced last year. Port Arthur is considered the crown jewel of the US refinery system. The Gulf Coast facility can process 600,000 barrels of oil […]

After a two-month cool-off period, the LPG prices again turned steamy. With the Saudi Aramco quoting the July deal 17 per cent more than June price, and the forecast of Rupee's likely weakening, the LPG prices will keep pinching common man

New Delhi: Saudi Aramco launched has its prospectus for the worlds biggest IPO with a potential largest ever company valuation of estimates ranging wildly from $1.2-2.3 trillion, with an India angle-acquiring 20 per cent in Reliance Industries Limited (RIL) oil to chemicals business and an expansion of its upstream business in high growth markets. In […]

New Delhi: World’s largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum Corporation Ltd (BPCL) where the government intends to sell its entire 53.29 per cent stake to a strategic investor. Sources privy to the development said that Aramco, which kicked […]

San Francisco: Riding on strong quarter results despite the pandemic, Apple has surpassed Saudi Aramco to become the worlds most valuable company with a market cap of $1.84 trillion. The strong earnings report helped Apple shares closed up 10.47 per cent on Friday to become the world’s most valuable publicly-traded company, surpassing the largest oil […]