Hyundai, Saudi Aramco partners to develop eco-friendly vehicles
“Hyundai Motor Group will collaborate with Saudi Aramco and Saudi Arabian University to develop an advanced fuel for ultra-lean burn, spark-ignition engines to lower a vehicle’s overall carbon dioxide emissions,” Hyundai said in a statement.
Mar 30, 2022, 20:14 PM IST
PM Narendra Modi interacts with CEOs of global oil and gas firms, Mukesh Ambani attends
The broad theme of the interaction on Wednesday revolved around promotion of clean growth and sustainability.
Oct 20, 2021, 22:02 PM IST
Saudi Aramco shares jump 10% on Riyadh stock market debut
The shares leapt to 35.2 riyal ($9.39) each, up from the IPO price of 32 riyals and at the daily limit of price moves allowed by the Tadawul exchange.
Dec 11, 2019, 14:26 PM IST
Saudi Aramco order book reaches 73 billion riyals so far: Report
"Retail and Institutional subscription levels for the first five days of the offering have reached an unprecedented scale, demonstrating the confidence of investors in Saudi Aramco," said Rania Nashar, vice chairman of Samba Capital, the investment arm of the bank, in the statement. "We anticipate further increases in subscription levels during the remainder of the offering period."
Nov 22, 2019, 08:49 AM IST
Allowing women to drive could help Saudi Arabia gain $90 billion
Access to wheels means increased mobility which in turn could see more economic participation from women in the country.
Jun 26, 2018, 07:09 AM IST
Saudi Aramco signs $44 bn deal for Indian refinery complex
The Indian accord is just the latest in a string of deals -- with French, US and Malaysia companies -- announced by Aramco as it seeks to secure buyers for its oil.
Apr 12, 2018, 00:12 AM IST
Saudi Aramco to buy 50% stake in $44-bn oil refinery in Maharashtra
State-owned IOC, BPCL and HPCL will hold the remaining 50 percent stake in the project.
Apr 11, 2018, 13:15 PM IST
This new Saudi mega-city will have rules of its own. Here are 11 key highlights
Saudi Arabia's Crown Prince Mohammad bin Salman on Thursday announced an ambitious $500 billion independent economic zone, which would also offer a lifestyle that is currently non existent.
Oct 27, 2017, 13:16 PM IST
PM Modi meets top global, Indian oil chiefs, talks investment
The main theme of the meeting, sources said, was to seek investment in exploration and production, processing, transportation and distribution network in oil and gas.
Oct 09, 2017, 15:04 PM IST
Saudi Aramco opens office in India, eyes higher sales
Aramco India plans to expand its operation by introducing hydrocarbon sector functions, including engineering services, IT operations and security and also R&D centre in the near future.
Oct 08, 2017, 15:18 PM IST
Aramco says IPO on track after report it is preparing for possible delay
Saudi authorities are aiming to list up to 5 percent of theworld`s largest oil producer on both the Saudi stock exchange inRiyadh, the Tadawul, and one or more international markets in anIPO that could raise $100 billion.
Sep 14, 2017, 16:55 PM IST
The world's biggest IPO is coming: Here is all you need to know
Saudi Aramco or Saudi Arabian Oil Company is a Saudi Arabian national petroleum and natural gas company based in Dhahran. It operates the world's largest single hydrocarbon network, the Master Gas System.
Aug 02, 2017, 20:07 PM IST
Ruias plan to sell another 25% stake in Essar Oil
After stitching a deal to sell 49 percent stake in Essar Oil to Russia's Rosneft, the Ruia family is looking at selling another 25 percent stake in the company to an oil trader or a strategic investor like Saudi Aramco.
Jun 30, 2016, 14:08 PM IST
Aramco CEO says oil market imbalance has nothing to do with Saudi
The imbalance in the oil market has nothing to do with Saudi Arabia, and a fair oil price is what would ultimately balance supply and demand, the head of state oil company Saudi Aramco said on Tuesday.
Jan 27, 2015, 13:14 PM IST
