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Saudi Arabian Oil Co (2222)

Last update: 4 June 03:19 PM market time.
32.20
-0.55
-1.68%
Open 32.65
Previous Close 32.75
High 32.70
Low 32.15
Stock Statistics
Volume 6,921,525
Turnover 223,770,545.85
All data are 15 minutes late during market session

News

Butane prices for June have been reduced to $330 a tonne
31 May 01:21 PM Saudi Aramco raises propane price for June, lowers Butane
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has increased the price of its propane futures for June delivery to $350 a tonne from $340 in May, a pricing document reported by Reuters showed on Sunday. Butane prices for June have …
Amin Nasser, President and CEO of Saudi Aramco
12 May 01:37 PM Saudi Aramco adapting to complex COVID-19 crisis – CEO
Riyadh – Mubasher: The coronavirus (COVID-19) crisis is unlike anything the world has experienced in recent history and Saudi Aramco is demonstrating resilience and adapting to the highly complex and rapidly changing business environment, said the …
Photo Archive
12 May 12:55 PM Aramco plans to close SABIC deal in Q2
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) is planning to complete the acquisition of a 70% stake in the Saudi Basic Industries Corporation (SABIC) during the second quarter (Q2) of 2020, Reuters reported on Tuesday. Aramco …
The oil giant announced cash dividends of SAR 0.35 per share
12 May 11:20 AM Aramco registers SAR 26.5bn profits in Q1-20
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) achieved SAR 62.48 billion ($16.6 billion) in net profits after Zakat and tax over the first quarter (Q1) of 2020, 24.9% less than SAR 83.29 billion in the same period a year earlier. …
Saudi oil production in June is seen at 7.492 million b/d
11 May 03:33 PM KSA orders voluntary additional oil output cut
Riyadh – Mubasher: Saudi Arabia’s Ministry of Energy has directed Saudi Aramco to reduce crude oil production in June, Saudi Press Agency (SPA) reported. The output will include an extra voluntary amount of one million barrels per day (b/d), in …
The newly updated prices are valid until 10 June
11 May 11:43 AM Saudi Aramco adjusts fuel prices
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has lowered gasoline prices for one month, starting from Monday 11 May, until 10 June 2020. As per the monthly review of fuel prices, the Saudi company has lowered the price for …
Aramco is close to acquiring a 70% stake in SABIC
10 May 09:32 PM Aramco to reevaluate SABIC deal – Report
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) is reportedly considering restructuring the acquisition deal of a majority stake in Saudi Basic Industries Corporation (SABIC), Reuters reported. This comes after a plunge in global …
Dividends for Q1 to be distributed during the second quarter of 2020
14 April 12:52 PM Aramco to announce Q1 results in May
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) will disclose its financial results for the first quarter (Q1) of 2020 on 12 May. The oil giant expects to announce dividends for Q1-20 to be distributed during Q2-20, according to …
Photo Archive
12 April 03:02 PM Aramco delays May prices pending OPEC+ talks
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has decided to delay its pricing decision for crude exports for May delivery, in anticipation for OPEC+ talks. Aramco is expected to announce its crude prices for May on Monday, …
Aramco has set the selling price of propane for April futures at $230 per tonne
31 March 02:55 PM Saudi Aramco lowers propane price to $230/ton in April
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has set the selling price of propane for April futures at $230 per tonne, down from $430 per tonne in March. Aramco further announced, as cited by Reuters, that the selling price of …
The accreditation was obtained after tests and technical visits
23 March 12:14 PM FIPCO unit obtains Saudi Aramco’s accreditation
Riyadh – Mubasher: The Filling and Packing Materials Manufacturing Company (FIPCO) announced that its subsidiary (FPC Industries Co.) has obtained the accreditation of the Saudi Arabian Oil Company (Saudi Aramco) as a technical textile …
Amin Nasser, President and CEO of Aramco - (Photo Archive)
22 March 01:08 PM Aramco closely monitoring coronavirus situation – CEO
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) is closely monitoring the situation of the coronavirus (COVID 19) outbreak on a daily basis, Saudi Press Agency (SPA) reported. Aramco has developed emergency and prevention plans …
Aramco enjoys the lowest oil production cost per barrel in the world
18 March 06:34 PM KSA orders Aramco to set output at 12.3m b/d
Riyadh – Mubasher: The Saudi Ministry of Energy has directed the Saudi Arabian Oil Company (Saudi Aramco) to continue to supply crude oil at a level of 12.3 million barrels per day (b/d) over the coming months, Saudi Press Agency (SPA) reported. …
The company’s revenues slid to SAR 1.105 trillion
15 March 10:39 AM Saudi Aramco logs SAR 330.7bn profit in 2019, declares dividends
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) reported a 20.6% year-on-year drop in its net profits during 2019. The Saudi oil giant’s net profits after Zakat and taxes retreated to SAR 330.69 billion last year from SAR 416.52 …
The MSC is determined by the government as per the Hydrocarbons Law
11 March 11:07 AM Saudi energy ministry directs Aramco to raise oil output to 13m bpd
Riyadh – Mubasher: The Saudi Ministry of Energy directed the Saudi Arabian Oil Company (Saudi Aramco) to increase its maximum sustainable capacity (MSC) to 13 million barrels per day (bpd) from 12 million bpd. The MSC is determined by the …
Aramco will provide its customers with 12.3m bpd
10 March 12:52 PM Aramco to raise crude oil supply to 12.3m bpd in April
Riyadh – Mubasher: Saudi oil giant Aramco will increase its crude oil production by 300,000 million barrels per day (bpd) over the company’s maximum sustained capacity (MSC) of 12 million bpd.  Therefore, the company will provide its customers …
A three-year deal between OPEC and Russia collapsed on Friday
8 March 01:39 PM Aramco cuts April crude oil prices as OPEC-Russia talks collapse
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) reduced its official selling price (OSP) for April for all its crude grades to all destinations following the collapse of OPEC’s oil output cut deal with Russia on Friday, according …
The $69 billion deal was agreed in March of last year
1 March 11:41 AM Aramco one step closer to closing SABIC deal
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has now received unconditional clearance for its planned $69 billion acquisition of a majority stake in SABIC in all jurisdictions in which pre-notification antitrust filings are …
Saudi Aramco announced the deal last March
28 February 04:35 PM EU grants Aramco approval for SABIC acquisition
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has obtained an unconditional approval from the European Union’s (EU) antitrust entities for its $69 billion planned acquisition of a 70% stake in the Saudi Basic Industries …
iktva Forum and Exhibition is being held at the Dhahran Expo Center
25 February 02:06 PM Aramco signs $21bn agreements during iktva 2020
Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) signed 66 Memoranda of Understanding (MoUs) and strategic and commercial collaborations worth a combined of more than $21 billion. The deals were signed with international companies …
Saudi Minister of Energy, Prince Abdulaziz bin Salman
24 February 04:41 PM Saudi Arabia working on energy sector overhaul – Minister
Riyadh – Mubasher: Saudi Arabia is working with all stakeholders in the energy sector seeking optimum development, according to the Saudi Minister of Energy, Prince Abdulaziz bin Salman. The ministry is cooperating with other government entities …
Jafurah is among largest gas fields in Saudi Arabia
22 February 11:52 PM Aramco receives regulatory approval for development of Jafurah field
Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) on Saturday announced the regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province. With a length of 170 kilometres and a width of 100 …
The field contains 200 Tcf of wet gas
21 February 10:36 PM Saudi Al-Jafoura field’s annual production to reach 2.2 Tcf in 2036
Riyadh – Mubasher: The development of Al-Jafoura gas field in the eastern region of Saudi Arabia is expected to increase the field’s output to 2.2 trillion cubic feet (Tcf) per year in 2036, Crown Prince Mohammad Bin Salman stated. The volume of …
The plant is forecast to increase processing capacity
20 February 10:03 PM Saudi Aramco’s Fadhili plant to up gas supplies to 12.2 BSCF
Riyadh – Mubasher: Saudi Arabian Oil Company’s (Saudi Aramco) gas reserves are expected to increase through the discovery of new fields, according to a statement released on Thursday. When completed, the company’s Fadhili gas plant is expected to …
Saudi Aramco CEO, Amin Nasser
4 February 05:48 PM Cybersecurity essential to energy sector – Aramco CEO
Riyadh – Mubasher: Critical industries such as power generation, energy sources, aviation, and banking services should have the resilience to face potential cyberattacks, according to Amin Nasser, CEO of the Saudi Arabian Oil Company (Saudi …