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ARAMCO INVESTMENT STRATEGY
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
- Saudi Aramco shares surge most since April 2023Saudi Aramco shares saw a significant jump as the Iran conflict intensified. This ongoing situation is causing oil supply disruptions. Glob...
- Saudi Aramco weighs raising billions of dollars from its biggest disposals yetSaudi Aramco is exploring significant asset sales, potentially raising billions by divesting stakes in its oil export and storage terminals...
- Rosneft eyes exit from Nayara Energy amid sanctions, talks with Indian conglomerates underwayRosneft, Russia's largest oil company, is considering selling its 49.13% stake in Nayara Energy due to difficulties in repatriating earning...
- ONGC, BPCL eye international partner for new refineriesONGC and BPCL are negotiating with Saudi Aramco to partner in setting up new petroleum refineries in India. BPCL plans to build a refinery ...
- Global oil, gas demand will sustain for decades, says Saudi Aramco top executiveSaudi Aramco, a long-standing supplier of crude oil to India, has been actively seeking investment opportunities in India's downstream sect...
- Saudi Aramco in investment discussions with Indian companies: Senior executiveSaudi Aramco is currently in discussions regarding investments with companies in India, as stated by Faisal Faqeer, Senior Vice President o...
- Saudi Aramco announces $1.5bn sustainability fundSaudi Aramco, Dhahran-based global energy and chemicals company, has created a $1.5 billion sustainability fund to invest in technology to ...
- Saudi Arabia transfers 4% of Aramco shares to sovereign wealth fundThe crown prince said the state remains the largest shareholder in Saudi Aramco after the transfer process, as it owns more than 94% of the...
- Sole survivor? Saudi Aramco doubles down on oil to outlast rivalsBut Saudi Aramco plans to boost its production capacity so it can pump as much of Saudi Arabia's vast oil reserves when demand picks up - b...
- Saudi Aramco completes $69 billion SABIC stake deal, extends scheduleSABIC is the world's fourth-biggest petrochemicals company.
- Amid talks with Reliance, Saudi Aramco says focusing investments in high-growth India marketIndia is the world's fastest-growing energy market with fuel consumption rising at 4-5 per cent annually. It also relies on imports to meet...
- Aramco partnering RIL has no impact on WestCoast Refinery: Hindustan PetroleumReliance recently announced its plan to sell 20 percent stake in its refining and petrochemicals business for USD 15 billion to Aramco.
- Saudi Arabia to regain India's top oil supplier spot after Reliance dealSaudi Arabia, which traditionally has been India's top oil source, lost the slot to Iraq during the last two financial years.
- Saudi Aramco in talks with Reliance Industries, others to invest in IndiaSaudi officials say plan to invest in refineries and petrochemical projects separate from $44-b Maharashtra refinery.
- Saudi Aramco aims to buy controlling stake in SABIC: SourcesAramco, the world's largest oil producer, pumps around 10 million bpd of crude oil.
- Saudi Aramco announces to spend $300 billion ahead of its $1 trillion IPOThe state-run company boosted its production to an annual record last year.
- Saudi Arabia plans $2-trillion megafund for post-oil eraSaudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most ...
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