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Saudi Aramco Taps Banks for $12 to $14 Billion Gas Pipeline Loan
2021-10-11 15:18:58| OGI
A few months ago, several companies were in talks for Aramco's gas pipeline assets including Singapore sovereign wealth fund GIC and Chinese state-backed investment fund CNIC Corp.
Reliance Backs Saudi Aramco Chairman as Independent Director
2021-09-29 15:45:13| OGI
Last week, shareholder California State Teachers' Retirement Fund had voted against the move.
Tags: director
independent
chairman
saudi
Saudi Aramco Aims to Raise $17 Billion From Gas Pipeline, Sources Say
2021-08-16 15:40:00| OGI
Aramco is working with JPMorgan and Goldman Sachs on the deal to tap potential buyers, sources have said.
Saudi Aramco Looks at Raising Production Capacity as Profits Surge
2021-08-10 22:00:00| OGI
Saudi Aramco is using the rise in oil prices to reduce leverage and invest in increasing production capacity, bucking the trend among international rivals to raise returns to shareholders.
Tags: production
capacity
raising
saudi
Saudi Aramco Reports Highest Quarterly Profit Since 2018
2021-08-09 11:00:00| OGI
The state oil giant recorded a net profit of $25.5 billion in the second quarter, the highest level since 2018.
Tags: reports
highest
profit
quarterly