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...Last year, HSBC worked on a $3bn raise for Greensaif Pipelines Bidco, which has a 49 per cent stake in Saudi Aramco’s gas pipelines, and was among the banks that arranged a $3.3bn revolving credit facility...
...trio of northern English universities; tech start-up investor Latitude; British Patient Capital, part of the government-owned British Business Bank; and Prosperity7 Ventures, part of Saudi energy group Aramco...
...Saudi Aramco’s chief executive has said the world should “abandon the fantasy of phasing out oil and gas”, arguing low carbon solutions and new energy sources should only be phased in when they are economically...
...He is also chair of Aramco and English football club Newcastle United, one of the PIF’s most high-profile overseas investments....
...Aramco declined to comment on the government’s plans....
...The extra money for Aramco Ventures would more than double its capital to $7bn from $3bn, the state-run company said in a statement on Wednesday....
...Aramco said the decline in profit “principally reflects the impact of lower crude oil prices and volumes sold”....
...Saudi Aramco’s sales declined 22 per cent to SR424bn ($113bn) in the third quarter compared with the same period last year, with Aramco saying the decline “principally reflects the impact of lower crude...
...The main buyers of the assets were state-controlled oil group Saudi Aramco and Mol, the Hungarian oil company....
...Good morning and welcome back to Energy Source, coming to you from Brussels and London, where this weekend I covered Saudi Aramco’s dividend-filled earnings....
...Saudi Aramco’s earnings dropped by more than a third in the second quarter from last year’s record highs, as lower oil prices and state-led production cuts weighed on performance....
...Saudi Aramco accounts for about 10 per cent of the 100mn barrels of oil the world consumes every day....
...Nasser has headed up Aramco, the world’s largest oil producer, since 2015. His addition brings BlackRock’s board 17 members, with 15 independent directors....
...Aramco expects to spend between $45bn and $55bn this year, which is double the capital expenditure planned by Europe’s biggest oil company Shell....
...Nasser has headed Saudi Aramco, the world’s largest oil producer, since 2015. His addition brings BlackRock’s board to 17 members, with 15 independent directors....
...BNP Paribas and Aramco did not respond to requests for comment. Additional reporting by Stephen Morris, Joshua Franklin, Stephen Gandel and Samer Al-Atrush....
...In the case of Saudi Aramco, the data ransom demand was not the first it has suffered....
...Saudi Arabia has dropped a plan to boost its oil output capacity, in a major reversal from previous policy.Saudi Aramco, the world’s biggest oil producer, responsible for 10 per cent of global supply, said...
...That is nearly twice the IEA’s estimate, and makes the Saudi Aramco decision look odd. For this forecast to be correct, Chinese oil demand had better get going....
...Executives said that, if the PIF or Saudi Aramco were included, they would be more likely to start the regional headquarters process....
...“We should abandon the fantasy of phasing out oil and gas and, instead, invest in them adequately reflecting realistic demand assumptions,” Amin Nasser, chief executive of Saudi Aramco, the world’s biggest...
...The annual gathering of the biggest names in the oil and gas industry kicked off on Monday with ExxonMobil and Saudi Aramco delivering bullish forecasts for fossil fuel demand and questioning the pace of...
...First-quarter profits at oil group Saudi Aramco dropped by almost a fifth after oil prices slumped, according to a filing on Tuesday....
...Saudi Aramco has a message for climate campaigners: Your protests are not getting rid of us anytime soon....
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