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30 Mar 2022

Hyundai, Saudi Aramco partners to develop eco-friendly vehicles

Hyundai, Saudi Aramco and KAUST jointly plan to develop eco-friendly vehicles Eco-friendly vehicles to have advanced fuel for ultra-lean burn and spark-ignition engines to lower vehicle’s overall carbon dioxide emissions Hyundai plans to cut its carbon emissions by 75 percent by 2040

20 Oct 2021

PM Modi interacts with CEOs of global oil and gas firms, Mukesh Ambani attends

PM interacted with CEOs of oil and gas firms The discussion focused on clean growth and sustainability

Saudi Aramco IPO

11 Dec 2019

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.

22 Nov 2019

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."

26 Jun 2018

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.

11 Apr 2018

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.

11 Apr 2018

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.

27 Oct 2017

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.

09 Oct 2017

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.

08 Oct 2017

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.

14 Sep 2017

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.

World's biggest IPO

02 Aug 2017

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.

30 Jun 2016

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.

27 Jan 2015

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.

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