Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Oil & Gas Saudi Aramco considering investment in Indian refineries Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude in the world’s fastest-growing emerging market, several Indian sources with direct knowledge of the matter said. India, the world’s third-biggest oil consumer and importer, wants to become a […] March 27, 2025 Renewable Energy Aramco buys 50% of local blue hydrogen producer Saudi Aramco has purchased a 50 percent stake in a low-carbon hydrogen production plant in Jubail, a city on the Gulf, owned by a unit of the Saudi Arabia-based company Air Products Qudra (APQ). The stake buyout will enable Blue Hydrogen Industrial Gases Company (BHIG), a wholly owned subsidiary of APQ, to provide blue hydrogen […] March 26, 2025 Analysis Banking and Finance Riyadh’s financial ambitions bump up against hard reality Saudi Arabia wants to emulate London or Hong Kong in the international money markets and become a global financial centre, Saudi investment minister Khalid Al-Falih said at a capital markets conference in Riyadh in February. “We need to channel global capital,” he said. “We want to become a regional financial hub.” But judging by the […] March 26, 2025 Oil & Gas Aramco looks at China’s potential growth sectors Saudi Aramco is exploring new opportunities in China’s energy, chemicals and technology sectors, president and CEO Amin Nasser has said. China occupies a key position in Aramco’s global strategy, he told the China Development Forum in Beijing on Monday. The Saudi-listed company is supporting China’s energy and chemical feedstock security by investing in multiple downstream projects, Nasser […] March 25, 2025 Opinion Trade Why Gulf investors are betting big on Trump’s America Now 'their man' is back in the White House, Gulf states are backing him with their huge capital reserves March 24, 2025 EXCLUSIVE Giga-projects PIF spending cuts slow giga-projects and trigger layoffs Saudi Arabia’s $925 billion Public Investment Fund (PIF) has ordered deep spending cuts across more than 100 of its companies, slowing projects and triggering layoffs, people familiar with the matter have told AGBI. The sovereign wealth fund at the heart of the government’s economic transformation strategy is mandating a minimum 20 percent reduction in 2025 […] March 24, 2025 Oil & Gas Saudi Aramco buys Peruvian fuel distributor Saudi Aramco has agreed to buy fuel distributor Primax, which has operations in Peru, Colombia and Ecuador, Peruvian newspaper Gestion reported, citing sources familiar with the deal. Primax, owned by Peruvian conglomerate Grupo Romero, has 2,185 gas stations in the three South American countries. The deal with Aramco included a payment of around $3.5 billion, Gestion […] March 24, 2025 Finance International investors target Saudi IPOs and smaller caps Emerging market investors are increasingly targeting Saudi Arabia’s smaller listed companies and initial public offerings, because of their better stock price performance versus their bigger peers. Since early 2020, foreign investors have been net buyers of almost $34 billion of Saudi Arabian equities, a report by the Dubai-based consultancy Iridium Advisors has revealed. Much of […] March 24, 2025 Energy Aramco launches its first carbon capture facility Saudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens. This is the company’s first direct air capture (DAC) facility as it seeks to curb CO2 emissions. The facility, a pilot project developed with Siemens Energy, is designed to remove 12 tonnes of CO2 […] March 21, 2025 Artificial Intelligence Aramco-backed Cognite taps India in AI growth move Saudi Aramco-backed industrial software company Cognite has opened an AI services centre in the southern Indian city of Bengaluru and said it is exploring potential contracts with top conglomerates in the country. The Norwegian company said it had signed up with a large industrial cement company and a major automotive company but declined to provide […] March 20, 2025 Posts navigation Previous 1 … 8 9 10 … 57 Next
Oil & Gas Saudi Aramco considering investment in Indian refineries Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude in the world’s fastest-growing emerging market, several Indian sources with direct knowledge of the matter said. India, the world’s third-biggest oil consumer and importer, wants to become a […] March 27, 2025
Renewable Energy Aramco buys 50% of local blue hydrogen producer Saudi Aramco has purchased a 50 percent stake in a low-carbon hydrogen production plant in Jubail, a city on the Gulf, owned by a unit of the Saudi Arabia-based company Air Products Qudra (APQ). The stake buyout will enable Blue Hydrogen Industrial Gases Company (BHIG), a wholly owned subsidiary of APQ, to provide blue hydrogen […] March 26, 2025
Analysis Banking and Finance Riyadh’s financial ambitions bump up against hard reality Saudi Arabia wants to emulate London or Hong Kong in the international money markets and become a global financial centre, Saudi investment minister Khalid Al-Falih said at a capital markets conference in Riyadh in February. “We need to channel global capital,” he said. “We want to become a regional financial hub.” But judging by the […] March 26, 2025
Oil & Gas Aramco looks at China’s potential growth sectors Saudi Aramco is exploring new opportunities in China’s energy, chemicals and technology sectors, president and CEO Amin Nasser has said. China occupies a key position in Aramco’s global strategy, he told the China Development Forum in Beijing on Monday. The Saudi-listed company is supporting China’s energy and chemical feedstock security by investing in multiple downstream projects, Nasser […] March 25, 2025
Opinion Trade Why Gulf investors are betting big on Trump’s America Now 'their man' is back in the White House, Gulf states are backing him with their huge capital reserves March 24, 2025
EXCLUSIVE Giga-projects PIF spending cuts slow giga-projects and trigger layoffs Saudi Arabia’s $925 billion Public Investment Fund (PIF) has ordered deep spending cuts across more than 100 of its companies, slowing projects and triggering layoffs, people familiar with the matter have told AGBI. The sovereign wealth fund at the heart of the government’s economic transformation strategy is mandating a minimum 20 percent reduction in 2025 […] March 24, 2025
Oil & Gas Saudi Aramco buys Peruvian fuel distributor Saudi Aramco has agreed to buy fuel distributor Primax, which has operations in Peru, Colombia and Ecuador, Peruvian newspaper Gestion reported, citing sources familiar with the deal. Primax, owned by Peruvian conglomerate Grupo Romero, has 2,185 gas stations in the three South American countries. The deal with Aramco included a payment of around $3.5 billion, Gestion […] March 24, 2025
Finance International investors target Saudi IPOs and smaller caps Emerging market investors are increasingly targeting Saudi Arabia’s smaller listed companies and initial public offerings, because of their better stock price performance versus their bigger peers. Since early 2020, foreign investors have been net buyers of almost $34 billion of Saudi Arabian equities, a report by the Dubai-based consultancy Iridium Advisors has revealed. Much of […] March 24, 2025
Energy Aramco launches its first carbon capture facility Saudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens. This is the company’s first direct air capture (DAC) facility as it seeks to curb CO2 emissions. The facility, a pilot project developed with Siemens Energy, is designed to remove 12 tonnes of CO2 […] March 21, 2025
Artificial Intelligence Aramco-backed Cognite taps India in AI growth move Saudi Aramco-backed industrial software company Cognite has opened an AI services centre in the southern Indian city of Bengaluru and said it is exploring potential contracts with top conglomerates in the country. The Norwegian company said it had signed up with a large industrial cement company and a major automotive company but declined to provide […] March 20, 2025