Aramco | The Epoch Times

Oil Giant Saudi Aramco Sees 2019 Profits Drop 20 percent to $88.2 Billion

DUBAI, United Arab Emirates—Oil giant Saudi Aramco said on March 15 its profits dropped 20 percent in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready ...

March 16, 2020BY The Associated Press

Saudi Aramco ‘Greenshoe’ Kicks IPO Up to Record-breaking $29.4 Billion

State-owned oil company Saudi Aramco said on Sunday it raised the size of its initial public offering (IPO) ...

January 12, 2020BY Tom Ozimek

Saudi Oil Giant World’s Most Valuable Company Upon IPO

Saudi Arabia’s state oil company, Aramco, has quickly become the world’s most valuable listed company upon offering a ...

December 11, 2019BY Petr Svab

Aramco Sees Nearly Enough Early Orders to Pull Off IPO

Saudi Aramco’s bankers are seeing sufficient early demand to pull off the state oil giant’s initial public offering ...

November 19, 2019BY Bloomberg

Saudi Arabia Cuts Aramco Valuation, Boosts Loans to Get IPO Done

Saudi Arabia set a valuation target for Aramco’s initial public offering well below Crown Prince Mohammed bin Salman’s ...

November 18, 2019BY Bloomberg

Aramco May Be Worth $1.5 Trillion or Less, Some IPO Banks Say

Saudi Aramco may be worth as little as $1.5 trillion or even less, well below the target set ...

November 4, 2019BY Bloomberg

China Losing $97 Million a Day Due to Attacks on Saudi Arabia Oil Facilities

News Analysis Drone attacks on Saudi Arabia’s oil facilities are costing China another $97 million a day as ...

September 18, 2019BY Chriss Street

Drones Strike World’s Largest Oil Processing Facility in Saudi Arabia

DUBAI, United Arab Emirates—Drones attacked the world's largest oil processing facility in Saudi Arabia and a major oilfield ...

September 14, 2019BY The Associated Press