Rappler's latest stories on Aramco
Saudi Aramco completes purchase of 70% stake in SABIC
Oil giant Saudi Aramco acquires a 70% stake in chemical giant SABIC for $69.1 billion

Saudi Aramco tips difficult 2020 as crisis hits quarterly profits
(UPDATED) Saudi Aramco – the world's largest listed firm – posts a net profit of $16.66 billion in the 1st quarter of 2020, lower than $22.2 billion a year ago

Saudi Aramco to supply 8.5 million barrels per day starting May
Oil giant Aramco does not clarify whether or how this would be split between exports and domestic supply

Saudi oil supply hits record as price war rages
On a single day, Saudi Aramco says it is 'breaking records to supply 15 tankers loading more than 18.8 million barrels of oil'

Oil giant Aramco to tap inventories to raise output
As a price war with Russia escalates, Saudi Aramco says it can keep up its new level of output for a sustained period

Saudi Aramco 2019 profit slides 20.6% on lower crude prices
Saudi Aramco, the world's largest publicly listed company, says its net income was $88.2 billion in 2019, lower than the $111.1 billion in 2018

Saudi Aramco shares shed post-IPO gains as oil dives
The share price of Saudi Aramco – the world's largest company – posts gradual declines as oil prices go down

Saudi Aramco market value tops $2 trillion
The share price of Saudi Aramco jumps further on Thursday, December 12, pushing the energy giant's market value above $2 trillion

Saudi Aramco shares rocket on debut after record IPO
Saudi energy giant Aramco becomes the world's biggest listed company

United Nations says it cannot confirm Iran behind Saudi oil attack
The investigation is unable to 'independently corroborate that the cruise missiles and unmanned aerial vehicles used in these attacks are of Iranian origin,' the report says

Aramco declares $1.71-trillion valuation in blockbuster IPO
(3rd UPDATE) Aramco will sell 1.5% of the company in an initial public offering worth at least $24 billion

Saudi Aramco to launch giant stock offering November 17
The final share price would be determined on December 5, a day after subscriptions close, in what is expected to be the world's biggest initial public offering

Saudis scramble to raise cash for Aramco IPO
Retail investors in Saudi Arabia appear to be salivating at the prospect of owning a piece of the world's most profitable company

Huge Aramco IPO hounded by big ifs
Uncertainties abound as Saudi oil giant Aramco is poised for the world's biggest initial public offering

Saudi bourse sags as giant Aramco listing looms
'If oil prices drop or Aramco stock falls, it is such a large part of Tadawul, it could bring the entire stock market down,' warns analyst Ellen Wald

Saudi oil giant Aramco heads for record-setting market debut
After years of delay, Aramco says it plans to sell an unspecified number of shares on the Riyadh stock exchange

Saudi regulator approves Aramco share offering
The IPO is the linchpin of Crown Prince Mohammed bin Salman's plan to revamp Saudi Arabia's economy and wean it off a decades-long dependence on oil

Aramco IPO will be Saudi crown prince's decision – minister
Saudi Arabia's energy minister says Crown Prince Mohammed bin Salman will dictate the timing of Aramco's long-delayed initial public offering

Saudi Aramco says IPO timing depends on 'market conditions'
The prospect of the world's most profitable firm falling short of a $2-trillion valuation is widely considered the reason the initial public offering has been delayed

Iran denies role in Saudi attacks in message to U.S. – state media
The formal memo 'emphasized that Iran has not played any role in this attack,' the official IRNA news agency says

Oil prices surge after attacks hammer Saudi output
(UPDATED) The attack on Saudi Arabia's Aramco facilities by Tehran-backed Huthi rebels in neighboring Yemen effectively shuts down 6% of the global oil supply

Saudi Aramco: From 'Prosperity Well' to energy giant
The drone strikes against Saudi Aramco facilities in recent months halt the flow of 5.7 million barrels of oil per day, undermining plans for a stock market debut

U.S. hints at military response to Saudi attacks as oil prices surge
(UPDATED) It is the first time US President Donald Trump has hinted at a potential American military response to the attacks

Saudi Arabia battles market jitters after oil plant attacks
It is a test for the kingdom's newly appointed energy minister Prince Abdulaziz bin Salman as the attacks could dampen investor confidence in Aramco's upcoming stock market debut

Saudi races to restore oil supply after strike blamed on Iran
The Aramco CEO says that 'work is underway' to restore full production, and Saudi's energy minister says oil reserves will be tapped to offset the drop

Iran refutes U.S. accusations over Saudi attacks
'The Americans have taken the policy of 'maximum pressure' which has apparently turned into 'maximum lying' due to their failures,' says a foreign ministry spokesman

Saudi halts production at attacked oil plants – minister
Saudi Aramco says the drone attacks caused production suspension of 5.7 million barrels of crude oil per day

Yemeni rebel drones spark fires at 2 Saudi Aramco oil facilities
(4th UPDATE) The rebels launched 'a large-scale operation involving 10 drones that targeted refineries in Abqaiq and Khurais in eastern Saudi Arabia,' a Yemeni TV channel says

Aramco says ready for 2-stage IPO, timing up to Saudi gov't
The Saudi government has not given any explanation for the delays in Aramco's initial public offering, which could be the world's biggest stock sale

Saudi Aramco net income slips to $46.9 billion in H1 2019
(UPDATED) The secretive Saudi Aramco discloses half-year financial results for the first time

Saudi Arabia committed to Aramco IPO – crown prince
The planned initial public offering of Saudi Arabian oil conglomerate Aramco is expected to be the world's largest stock sale

Polri kerahkan 10 ribu personel untuk amankan kedatangan Raja Saudi
Indonesia berharap bisa memperkuat hubungan di bidang ekonomi melalui kunjungan Raja Salman

Saudi Aramco CEO predicts oil market balance by early 2017
The gap between supply and demand is closing says Amin Nasser

Oil market still weak despite recovery – Saudi Aramco
There are fears that oil producing countries will not be able to reach a deal in Algiers this week

Saudi Arabia unveils first targets in sweeping reform plan
3rd UPDATE The plan is a 5 year roadmap that lays out targets for each government ministry

Di tengah anomali bisnis minyak, Pertamina berhasil capai keuntungan US$1,42 miliar
Apa rahasia PT Pertamina sehingga tetap bisa mencapai keuntungan di tengah bisnis minyak yang menurun?

Pertamina dan Saudi Aramco tandatangani kontrak lanjutan kilang minyak Cilacap
Biaya yang dibutuhkan untuk proyek kerjasama ini sekitar US 4 miliar sampai US 5 miliar Ini bagian dari strategi Pertamina menjadi perusahaan energi terbesar di dunia
Saudi unveils far-reaching plan to move away from oil
Deputy Crown Prince Mohammed bin Salman announces the Vision 2030 program which includes the creation of the world s biggest sovereign wealth fund

5 Upaya efisiensi Pertamina pasca Petral dibubarkan
Pertamina target efisiensi US 100 Juta dari pengadaan minyak dan produk minyak tahun 2016

Despite oil uncertainty, no red flags for Middle East OFWs for now
The latest jobs report from Abu Dhabi Dubai and Saudi Arabia show a slight decrease in job orders

11 dead, dozens hurt in fire at Saudi oil giant housing complex
The incident is currently under control and cooling operations are ongoing

Chevron, Shell are world's leading carbon-emitting companies
A study lists down the 90 fossil fuel companies responsible for 63 of the world s carbon emissions since the Industrial Revolution