Tag - aramco

 
 

ARAMCO

Renderings of Saudi Arabia's Neom project in the window of a pop-up store
WORLD / Politics
Jul 12, 2024
Saudi prince’s trillion-dollar makeover faces funding cutbacks
Crown Prince Mohammed Bin Salman, is close to completing a sweeping review of megaprojects.
A Saudi Aramco logo outside an oil storage tank at the Juaymah tank farm at the firm's Ras Tanura oil refinery and terminal at Ras Tanura, Saudi Arabia, in October 2018
BUSINESS / Markets
Jun 10, 2024
Saudis said to hand about 60% of Aramco offer to foreign investors
The firm's stock sale generated strong demand from the U.S. and Europe, sources said.
In a boon to Saudi Arabia's government, which is seeking to fund a massive economic transformation plan, Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday.
BUSINESS / Markets
Jun 3, 2024
Saudi Aramco’s $12 billion stock offer sells out in hours
The extent of foreign participation will be closely watched as an indicator of interest in Saudi Arabia's assets.
Nawaf Al-Osimy, chief technical officer of the Jazlah Water Desalination plant, which draws vast quantities of water from the Persian Gulf and makes it drinkable, in Jubail, Saudi Arabia, on March 4.
ENVIRONMENT / Energy
May 30, 2024
Saudi Arabia eyes a future beyond oil
The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.
The McKinsey & Company logo at the 54th International Paris Airshow on June 21
BUSINESS / Companies
Nov 8, 2023
Top consultancy undermining climate change fight: whistleblowers
Privately, the U.S.-based firm offers energy scenarios at odds with its public climate goals to the summit's decision-makers.
A Saudi Aramco oil tank at the Ras Tanura refinery and terminal in Saudi Arabia
BUSINESS / Companies
Aug 27, 2023
U.N. experts challenge Saudi Aramco over climate change
The largely state-owned enterprise plans to ramp up national oil production capacity to 13 million barrels per day by 2027.
Japan Times
BUSINESS
Mar 28, 2023
Japan startup APB signs next-gen battery partnership with Saudi Aramco
APB says its all-polymer batteries possess higher energy density, allowing for a more compact size, and involve a simpler manufacturing process.
Japan Times
BUSINESS / Companies
Sep 28, 2020
Saudi Arabia sends blue ammonia green fuel to Japan in world first
Japan aims to be a world leader in the use of hydrogen, which is contained in ammonia, as an energy source.
Japan Times
BUSINESS / Companies
Jul 25, 2020
India's Reliance now world’s second-largest energy company
Reliance shares have jumped 43 percent this year versus a 39 percent drop in Exxon shares as refiners struggle with a plunge in fuel demand.
Japan Times
BUSINESS / Markets
Nov 4, 2019
Saudi Arabia pulls out all the stops to ensure Aramco IPO success
Saudi Arabia is pulling out all the stops to ensure the success of Aramco's initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares in the world's largest oil producer.
Japan Times
BUSINESS / Companies
Nov 4, 2019
Some banks dealing with Saudi Aramco IPO say company may be worth $1.5 trillion or even less
Saudi Aramco may be worth as little as $1.5 trillion or even less, well below the target set by the kingdom, according to research sent Sunday to potential investors by the banks involved in the company's initial public offering.
Japan Times
BUSINESS
Oct 1, 2019
Saudi Aramco reports output fully restored after attacks
Saudi Aramco is producing more than 9.9 million barrels of crude a day as it fully recovers from the worst-ever attacks on its energy infrastructure.
BUSINESS
Sep 22, 2019
Saudi Arabia informs Japan's biggest refiner about possible shipment changes following attacks on facilities
Saudi state oil firm Aramco has told Japanese refiner JXTG Nippon Oil & Energy about a possible change in shipment, raising concern about the kingdom's ability to supply crude oil a week after attacks on its refineries, the Nikkei Asian Review reported.
Japan Times
WORLD
Sep 18, 2019
Pentagon prepares show of evidence in Saudi oil attack, as CBS reports on launch sites in Iran
The Pentagon is preparing a report on who was responsible for the weekend attack on Saudi oil facilities and intends to make it public within 48 hours, a U.S. defense official said.
Japan Times
BUSINESS / Markets
Aug 30, 2019
Tokyo Stock Exchange emerges as global frontrunner for Saudi's Aramco IPO
Saudi Arabian Oil Co., the world's largest oil firm, is considering conducting its initial public offering in two stages, with the Tokyo Stock Exchange emerging as the international frontrunner, The Wall Street Journal reported Thursday in its online edition.
Japan Times
COMMENTARY / World
Sep 6, 2018
The rise of state capitalism 2.0
The fall of the Berlin Wall almost 30 years ago represented a high-water mark in the retreat of the state from the global economy, signaling a defeat of socialist economics virtually worldwide. From dirigiste France to communist China, countries with widely divergent economic models began to adopt a...
Japan Times
BUSINESS
Sep 2, 2018
Saudi sovereign fund appoints former Dow Chemical CEO Andrew Liveris as special adviser
In its highest-profile appointment of any global manufacturing executive, Saudi Arabia's sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser.
Japan Times
WORLD
Jul 19, 2018
Yemen's Houthis say they attacked Aramco refinery in Riyadh with drone but operator lays fire to 'operational incident'
The Iranian-aligned Houthi movement in Yemen said it had attacked a Saudi Aramco refinery in Riyadh on Wednesday using a drone, but the oil company said a limited fire at the plant was due to "an operational incident.

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