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Problems Mounting For Saudi Aramco

Problems Mounting For Saudi Aramco.....»»

Category: topSource: seekingalphaDec 3rd, 2019

"The worst is behind us": The CEO of Saudi oil giant Aramco says demand will surge back at the end of 2020

Saudi oil giant Aramc.....»»

Category: topSource: businessinsiderJul 1st, 2020

Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say

State oil giant Saudi Aramco started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces in response to the coronavirus crisis......»»

Category: topSource: reutersJun 18th, 2020

Saudi Aramco completes $69 billion SABIC stake deal, extends schedule

Saudi Aramco has completed its purchase of a 70% stake in petrochemicals company Saudi Basic Industries for $69.1 billion and extended the payment period by three years to 2028, providing a cushion against weak oil prices......»»

Category: topSource: reutersJun 17th, 2020

Saudi Aramco Boosts Oil Export Prices By Most On Record

Saudi Aramco Boosts Oil Export Prices By Most On Recor.....»»

Category: dealsSource: nytJun 7th, 2020

Morgan Stanley not given advisory role on Aramco pipeline sale: sources

Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over $10 billion, two sources told Reuters......»»

Category: topSource: reutersMay 29th, 2020

Saudi Aramco"s profits drop almost $6 billion after oil prices crash below $0

Saudi Aramco reported a net income of $16.7 billion in the first quarter of 2020, down 25% from $22.2 billion in the same period last year......»»

Category: topSource: moneycentralMay 12th, 2020

Saudi Aramco rocked by oil price rout

Saudi Aramco plans to cut capital spending to between $25 billion and $30 billion in fiscal year 2020, down from $32.8 billion a year ago......»»

Category: topSource: foxnewsMay 12th, 2020

Saudi Aramco Reports 25% Drop In Q1 Net Income, Yet Declares $18.8B In Dividend

The Saudi Arabian Oil Company, better known as Saudi Aramco, on Tuesday, reported earnings for its first quarter this year. read more.....»»

Category: blogSource: benzingaMay 12th, 2020

Saudi Aramco profit falls 25% but dividend in line with planned payout for year

Saudi Aramco, the world's top oil exporting company, on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion payout for the year......»»

Category: topSource: reutersMay 12th, 2020

Saudi Aramco Reports 25% Drop In Q1 Net Income, Yet Declares $18.8B In Dividend

The Saudi Arabian Oil Company, better known as Saudi Aramc.....»»

Category: earningsSource: benzingaMay 12th, 2020

$1.7 trillion giant Saudi Aramco"s profits drop almost $6 billion after oil prices crash below $0

Saudi Aramco $1.7 trillion oil giant Saudi Aramco reported a 25%.....»»

Category: topSource: businessinsiderMay 12th, 2020

Saudi Aramco net profit falls 25% as oil prices slide

Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates. Ciara Lee reports.....»»

Category: videoSource: reutersMay 12th, 2020

Saudi Aramco first-quarter net profit slides 25% as oil prices tumble

Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion base payout to shareholders for the year......»»

Category: topSource: reutersMay 12th, 2020

Saudi Aramco first-quarter net profit falls 25% as oil prices slump

Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand......»»

Category: topSource: reutersMay 12th, 2020

Oil prices slump after Saudi Arabia deepens output cuts

Oil prices slid after Saudi Arabia announced the state-owned Aramco would reduce production by an additional 1 million barrels per day......»»

Category: topSource: foxnewsMay 11th, 2020

Oil prices trim losses after Saudi Arabia deepens output cuts

Oil prices trimmed their losses after Saudi Arabia announced the state-owned Aramco would reduce production by an additional 1 million barrels per day......»»

Category: topSource: foxnewsMay 11th, 2020

Saudi Aramco may cut government payout amid oil plunge

Saudi oil giant Aramco may cut its dividend to the Saudi government, but is likely to maintain payouts to minority shareholders as a plunge in crude prices shrinks first-quarter profits, analysts said......»»

Category: topSource: foxnewsMay 11th, 2020

Exclusive: Saudi Aramco seeking to review price of SABIC deal - sources

Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC's value following a slump in oil prices in coronavirus pandemic, two sources told Reuters......»»

Category: topSource: reutersMay 10th, 2020

Exclusive: Aramco offers struggling refiners sweeter terms for crude

Saudi Aramco has offered oil refineries in Asia and Europe the option to defer payments for crude cargo deliveries by up to 90 days as plants struggle with shrinking demand, refining industry sources said......»»

Category: topSource: reutersApr 15th, 2020

Exclusive: Saudi Aramco in talks with banks to borrow about $10 billion - sources

Saudi Aramco, the world's largest oil producer, is in early talks with banks for a loan of about $10 billion to help finance its acquisition of a 70% stake in Saudi Basic Industries Corp (SABIC), according to three banking sources......»»

Category: topSource: reutersApr 14th, 2020