Saudi aramco news

Here are some recent news articles and updates about Saudi Aramco:

Recent News

  1. Saudi Aramco's IPO: A Record-Breaking Success: Saudi Aramco's initial public offering (IPO) in December 2019 was a massive success, raising $29.4 billion and becoming the largest IPO in history. (Source: Bloomberg)
  2. Aramco's Profit Soars to $88.2 Billion: Saudi Aramco reported a net income of $88.2 billion in 2020, a significant increase from $47.2 billion in 2019. (Source: Reuters)
  3. Aramco to Invest $10 Billion in India: Saudi Aramco has announced plans to invest $10 billion in India, with a focus on refining, petrochemicals, and renewable energy. (Source: The Hindu)
  4. Aramco and Total Sign $1.2 Billion Deal: Saudi Aramco and French energy company Total have signed a $1.2 billion deal to develop a petrochemical complex in Saudi Arabia. (Source: Reuters)
  5. Aramco's IPO Opens Door to Foreign Investors: The successful IPO of Saudi Aramco has opened up new opportunities for foreign investors to invest in the Saudi economy. (Source: Financial Times)

Recent Developments

  1. Aramco's Jeddah Refinery Expansion: Saudi Aramco is expanding its Jeddah refinery, which will increase its refining capacity by 400,000 barrels per day. (Source: Saudi Gazette)
  2. Aramco's Yanbu Refinery Upgrade: Saudi Aramco is upgrading its Yanbu refinery, which will increase its refining capacity by 200,000 barrels per day. (Source: Arab News)
  3. Aramco's SABIC Acquisition: Saudi Aramco has acquired a 70% stake in Saudi Basic Industries Corporation (SABIC), a leading petrochemicals company. (Source: Bloomberg)
  4. Aramco's Renewable Energy Ambitions: Saudi Aramco has announced plans to invest in renewable energy, with a goal of generating 50% of its power from solar and wind energy by 2030. (Source: Reuters)
  5. Aramco's Digital Transformation: Saudi Aramco is undergoing a digital transformation, with a focus on using artificial intelligence, blockchain, and other technologies to improve its operations. (Source: Arabian Business)

Upcoming Events

  1. Aramco's Annual General Meeting: Saudi Aramco will hold its annual general meeting in May 2023, where shareholders will vote on the company's financial performance and strategy. (Source: Saudi Gazette)
  2. Aramco's Investor Day: Saudi Aramco will host an investor day in June 2023, where the company will provide updates on its strategy and financial performance. (Source: Bloomberg)
  3. Aramco's Sustainability Summit: Saudi Aramco will host a sustainability summit in September 2023, where the company will discuss its efforts to reduce its environmental impact and promote sustainable development. (Source: Arab News)

I hope this information is helpful!