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Saudi Aramco

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 ......

Reliance gets shareholders' nod to add Aramco chairman as director

Infrastructure

21 October, 2021

Reliance gets shareholders' nod to add Aramco chairman as director

India's Reliance Industries Ltd said on Thursday that a required majority of its shareholders have passed a resolution to appoint ......

Aramco in advanced talks on up to $25 bn Reliance deal

Manufacturing

16 August, 2021

Aramco in advanced talks on up to $25 bn Reliance deal

Saudi Aramco is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's oil refining and chemicals ......

Reliance Industries expects Saudi Aramco deal to formalise this year

Infrastructure

24 June, 2021

Reliance Industries expects Saudi Aramco deal to formalise this year

Reliance Industries Ltd said on Thursday it hopes to formalise its partnership with Saudi Aramco this year and its Chairman ......

Major Chinese investors in talks to take Aramco stake

Infrastructure

29 April, 2021

Major Chinese investors in talks to take Aramco stake

Major Chinese investors are in talks to buy a stake in Saudi Aramco, several sources told Reuters on Wednesday, as ......