Saudi Arabia’s WAFI Energy eyes acquisition of Shell Pakistan Limited WAFI Energy LLC is a fast-growing retail gas station network and sole licensee of Shell Retail Network in Saudi Arabia Updated 31 Oct, 2023 10:34pm
Business & Finance South Korea’s Hyundai, Saudi Aramco clinch $2.4bn gas plant deal SEOUL: South Korea’s Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4 billion... Published 24 Oct, 2023 11:09am
Print Saudi Aramco, PSO, TAPI gas pipeline: Oil, gas issues now come under sharper SIFC focus ISLAMABAD: The Apex Committee (AC) of Special Investment Facilitation Council (SIFC) has directed Ministry of... Updated 17 Oct, 2023 08:54am
Markets Prax Overseas Holdings looks to acquire majority stake, control of Shell Pakistan AKD Securities, manager to the offer, submits public announcement of intention Updated 16 Oct, 2023 10:49pm
Markets Major Gulf bourses retreat on Gaza situation Major stock markets in the Gulf fell in early trade on Monday amid heightened anxiety over escalating violence in... Published 16 Oct, 2023 12:52pm
Markets Saudi Aramco exploring potential bid for Shell’s Pakistan unit: report Saudi Aramco is exploring a potential bid for Shell Plc’s assets in Pakistan, reported Bloomberg, citing people... Published 14 Oct, 2023 12:00am
Markets India wants Saudi Aramco to develop strategic petroleum reserve as ties strengthen NEW DELHI: India wants Saudi Arabia’s Aramco to participate in its planned 6.5 million metric tons (MMT) strategic... Published 11 Oct, 2023 03:28pm
Markets Aramco to supply full oil volumes to N.Asia refiners in Nov RIYADH: Saudi Aramco has notified at least four North Asian buyers that it will supply full contractual volumes of... Published 11 Oct, 2023 03:10am
World Ad spend of $3,600 a second: global brands set to splurge at ICC World Cup in India Coca Cola, Emirates, Google among those vying for visibility in world's most populous nation Published 05 Oct, 2023 06:06pm
Markets Saudi Arabia to tap international debt markets as deficits return RIYADH: Saudi Arabia is expected to tap the international debt markets to finance a projected budget deficit in... Published 01 Oct, 2023 05:25pm
Business & Finance 11.8-kg LPG cylinder: OGRA notifies Rs246.15 price increase for October ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Saturday notified 8.7 percent or Rs246.15 increase in... Published 01 Oct, 2023 02:59am
Business & Finance Aramco announces first global LNG deal RIYADH: Saudi Arabia’s oil group Aramco said on Thursday it had agreed to acquire a strategic minority stake in... Published 29 Sep, 2023 06:24am
Opinion Corporate secrets. And more… Secrets always titillate the imagination. Create interest. This may lead to increased sales, brand value... Updated 13 Sep, 2023 06:53am
Markets Oil cut extension raises risk of Saudi economic contraction this year DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude... Published 10 Sep, 2023 01:01pm
Markets Saudi Aramco considers selling $50 billion in shares: WSJ Saudi Aramco is considering selling a stake worth as much as $50 billion through a secondary share offering on the... Published 01 Sep, 2023 09:59pm
World UN experts challenge Saudi Aramco over climate change GENEVA: UN experts have written to oil firm Saudi Aramco and its financial backers challenging them on allegations... Published 27 Aug, 2023 01:44pm
Markets Saudi Aramco to supply full oil volumes to Asia in Sept SINGAPORE: Saudi Aramco has informed customers in North Asia that they will receive the full volumes of crude oil... Published 11 Aug, 2023 10:21am
Markets Aramco fuels Saudi market’s gains; Qatar eases Most major stock markets in the Gulf rose in early trade on Monday with the Saudi index on course to snap seven... Published 07 Aug, 2023 01:44pm
Markets Saudi Aramco Q2 profits drop 38% on lower prices: statement RIYADH: Oil firm Saudi Aramco on Monday announced profits of $30.08 billion for the second quarter, a sharp fall... Published 07 Aug, 2023 12:03pm
Markets Saudi Arabia may raise Sept crude prices for a third month SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, may raise its price for Arab Light crude for sale to... Published 01 Aug, 2023 09:55am
Markets Aramco base oil unit Luberef’s Q2 net profit up 4% on lower expenses DUBAI: Saudi oil giant Aramco’s base oil subsidiary reported a small jump in second-quarter profit on Sunday, mainly... Published 30 Jul, 2023 02:18pm
Markets Pakistan oil companies sign MoU to collaborate with Saudi Aramco on $10bn refinery Project will have significant foreign investment from energy giants through equity participation Updated 27 Jul, 2023 10:48pm
Business & Finance Aramco locks up stake in China petrochemicals firm RIYADH: Saudi Aramco said on Friday it had completed its purchase of a 10-percent stake in a Chinese petrochemicals... Published 22 Jul, 2023 06:06am
Markets Saudis to supply full oil volumes to Asia in Aug SINGAPORE: Saudi Aramco has informed some clients in North Asia they will receive full nominated volumes of crude ... Published 12 Jul, 2023 06:39am
Markets Saudi Aramco to supply full oil volumes to some Asian refiners in July SINGAPORE: Saudi Aramco has told at least five customers in North Asia they will receive full nominated volumes of... Published 12 Jun, 2023 10:30am
Markets Saudi Arabia transfers more Aramco oil shares to wealth fund RIYADH: Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of... Published 16 Apr, 2023 05:51pm
Markets Saudi maintains crude supply to Asian refiners despite OPEC+ cuts SINGAPORE: State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North... Published 10 Apr, 2023 10:20am
Markets Saudi Aramco inks $12.2bn China oil refinery, petchem complex deal SINGAPORE: Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical... Published 27 Mar, 2023 11:05am
Markets Major Gulf bourses subdued on SVB jitter; Saudi edges up Most major Gulf stock markets fell on Monday, shrugging a slight gain in oil prices, as investors were a little... Published 13 Mar, 2023 02:06pm
Markets UAE’s ADNOC Gas shares surge 25% in $2.5bn IPO DUBAI: Shares in the United Arab Emirates’ ADNOC Gas soared 25 percent in opening trade on Monday in a $2.5 billion... Published 13 Mar, 2023 12:57pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?