Futures soared on Monday after the OPEC+ cartel stuck to its plan for slow and steady supply increases at a time when the global gas shortage is pushing up demand rapidly
Largest oil producer
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crude oil price
Saudi Aramco records 288% net income surge in Q2 2021
Growth was attributed to higher oil prices and recovery in global demand, as well as easing of Covid-19 restrictions
Aramco IPO
Saudi Aramco to sell more assets in multi-billion dollar push
World’s largest oil company aims to generate ‘double-digit billions of dollars’, according to Abdulaziz Al Gudaimi, senior vice president for corporate development
HSBC Holdings
Saudi Aramco appoints ex-HSBC CEO Stuart Gulliver to board
HSBC was the only international adviser to hold a senior role on Aramco’s 2019 initial public offering, the world’s largest
Aramco IPO
Finance chief who steered Saudi Aramco through IPO to step down
Al-Dabbagh, 59, will reportedly join the company’s board and retain the chairmanship of Aramco’s chemicals subsidiary, Saudi Basic Industries Corp.
Aramco revenue
Video: The worst is over for Aramco even if oil prices stay at $45 per barrel, says analyst
Amena Bakr of Energy Intelligence Group says Aramco’s balance sheet shows its free cash flow is still positive and the company has room for taking on debt to fulfill dividend obligations.
Aramco IPO
Video: How Saudi Aramco became the biggest company in the world
The forces that propelled Aramco’s growth from a single well to the biggest oil producer in the world are changing underfoot.
Amin Nasser
Saudi Aramco IPO: Everything you need to know
Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from November 17.
Abqaiq
Saudi oil capacity recovers faster than expected from attack
The September 14 attacks caused severe damage to crude-processing plants at Abqaiq and the Khurais oil field and drove a record spike in oil prices
Amin Nasser
Attacks won’t derail Aramco IPO, says chairman
Aramco CEO Amin Nasser said all contracted supplies to customers would be met
Aramco IPO
Drone attacks may hit Saudi Aramco valuation ahead of IPO
Report from research group Eurasia says attacks could ‘complicate’ IPO plans
Largest oil producer
Saudi Aramco picks Lazard and Moelis & Co for IPO
Companies to advise on oil giant’s second attempt at world’s largest initial public offering
crude oil
Saudi Aramco to finish pipeline expansion, reducing reliance on Hormuz
About a fifth or the world’s oil production passes through the narrow Strait of Hormuz, but its vulnerability has been brought into focus in recent months as tensions between and the US and Iran escalated
Aramco IPO
Saudi Aramco said to hold first investor earnings call in August
Saudi officials want a planned listing to go ahead in 2020 or 2021
Crude exporter
Saudi Aramco said to increase oil supply to Asian buyers, at a higher price
State-run producer Saudi Aramco will sell additional cargoes on top of those scheduled under long-term crude contracts
emerging market
Saudi bourse chief says foreign investors will triple by 2022
Energy Minister Khalid Al-Falih said Saudi Aramco may access the equity markets ‘sooner than you think’
Amin Nasser
Saudi minister says Aramco inaugural $12bn bond ‘only the beginning’
Aramco raised $12bn from international bond markets this month in in one of the most oversubscribed debt offerings in history.
