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SAUDI ARAMCO PIPELINE
US stocks: Musk's SpaceX prices record $75 billion IPO at $135 a shareSpaceX has priced its record-breaking U.S. IPO at $135 per share, raising $75 billion and valuing the company at $1.77 trillion. This makes...- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- Man Industries strengthens India’s global footprint with ₹981 crore Saudi pipe company takeoverMan Industries (India) Ltd has completed the acquisition of a 100% stake in Saudi Arabia’s National Pipe Company for about USD 102 million ...
- A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
- Aramco CEO warns 1 billion barrels lost will slow oil market recoverySaudi Aramco's CEO Amin Nasser warns that the global oil market will take time to recover from a significant supply shock. He stated that a...
- Gulf oil output can rebound in months after Hormuz reopens, but full recovery faces risks, says Goldman SachsUS-Iran war impact: Gulf crude oil output may rebound quickly once the Strait of Hormuz reopens. Goldman Sachs research suggests a swift re...
- Iran hits Saudi oil pipeline hours after ceasefire, sources sayIran launched an attack on Saudi Arabia's East-West Pipeline. This pipeline is the kingdom's sole crude oil export route. The strike occurr...
- Saudi pipeline pumping 7 million bpd of oil, bypassing Hormuz, Bloomberg News reportsCrude oil exports from Saudi Arabia's Yanbu port on the Red Sea have now reached 5 million barrels a day, and the country is also exporting...
- Aramco to reduce Asia sales, China March shipments down 17% on-monthThe disruption at Hormuz prompted Saudi Aramco to reroute some crude supplies, channeling a portion of production via a pipeline across the...
- The Saudi oil pipeline the world didn’t know it neededSaudi Arabia's East-West pipeline is now crucial for global oil flow. The vital waterway, Strait of Hormuz, is closed. This 1,200-kilometer...
- Israel-Iran war: Saudi Arabia's Red Sea port Yanbu targeted in aerial attackSaudi Arabia's Red Sea port of Yanbu faced an aerial attack. This port is the country's only crude export point. The strike had minimal imp...
- Saudi Arabia gives oil buyers Red Sea option due to crisis in Strait of HormuzSaudi Arabia is rerouting oil shipments through the Red Sea port of Yanbu. This move prepares for potential disruptions in the Strait of Ho...
- Kalpataru Projects International to lay 800 kms gas pipeline for AramcoKalpataru Projects International Ltd (KPIL) has received the letter of intent (LoI) from Aramco for carrying out engineering, procurement a...
- Saudi Aramco, BlackRock sign $15.5bn gas pipeline dealThe deal signed on Monday underscores how Aramco -- the kingdom's cash cow -- is seeking to monetise its once-untouchable assets to generat...
- Saudi Aramco extends $10 billion loan on improved terms, sources sayAramco has borrowed tens of billions of dollars in the past few years to keep up with Saudi Arabia's financing needs in an era of lower oil...
- EIG-led consortium closes $12.4b Aramco pipelines dealEIG said the co-investment process for the deal attracted a global group of investors from China, Saudi Arabia, Korea, the United Arab Emir...
- Saudi Aramco says $12.4 billion raised from oil pipeline stake sale"Upon closing, Aramco will receive upfront proceeds of around $12.4 billion, further strengthening its balance sheet through one of the lar...
- Saudi Aramco prepares $10 bln loan for pipeline business buyers - sourcesInternational investors including BlackRock, KKR and Brookfield Asset Management, which could invest in the pipeline business, are also in ...
- L&T Hydrocarbon Engineering consortium bags two orders from Saudi AramcoThis is the fifth award for the consortium and provides for significant pipeline projects for the firms, the company said.
- Punj Lloyd arm bags pipeline contract from Saudi oil firmPunj Lloyd on Wednesday said its Saudi Arabia-based group firm Dayim Punj Lloyd has secured a contract from state oil company -- Saudi Aram...
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