Saudi Aramco, the world's leading oil producing company with around 10 million barrels per day output, is looking at India as its most preferred investment destination. This was conveyed to Prime Minister Narendra Modi by Saudi Aramco head Khalid Al Falih during their meeting in Sauid Arabia ...
Now Saudi's Aramco is investing over $44 billion in India's massive Ratnagiri oil refinery in Maharashtra and it's close to buying a 50 per cent stake in a $4.6 billion petrochemicals plant in Gujarat, Modi's home constituency. A quarter of India's oil needs today are met by Saudi Ar...
4 Includes investment in oil sector, majority of which is assumed to be conducted or funded by Saudi Aramco, which is fully government-owned. NOTE: Numbers may not sum due to rounding. SOURCE: Central Department of Statistics and ...
Amin H. Nasser, Saudi Aramco president and CEO, emphasized the JV’s long-range focus. “World energy demand is expected to grow exponentially by 2050, driven in large part by India,” Nasser said. “Saudi Aramco is proud to partner with ADNOC and RRPCL to help ensure that the world’...
Saudi Arabia also expressed readiness to meet India's needs for oil products, and the investment of Saudi Aramco, officially known as the Saudi Arabian Oil Company, in refineries in the South Asian country. The two leaders also reviewed the opportunities of Saudi non-oil exports to India as ...
Saudi Aramco which is also known as the Saudi Arabian Oil Company has plans to develop a solar energy sector to achieve the goal of producing 41 GW of renewable energy. With a level such as this, it would be placed as a leading solar energy exporter. In 2019, 17 MW were being ...
Dec. 12-14, 2019:Aramco, a Saudi state-owned petroleum and natural gas company, sponsors theinaugural Diriyah Tennis Cup, an exhibition featuring eight players, includingDaniil Medvedev, who would eventually win the $3 million total pot.
zero by 2050. At the sixth Future Investment Initiative in 2022, Aramco introduced what it said was “one of the world’s largest sustainability-focused venture capital funds” to drive lower-emission energy solutions. Aramco Ventures, the corporate venture arm of Aramco, is leading this effort....
Amin E Nasser, President and CEO of Aramco Adena T. Friedman, Chair, President, and CEO of Nasdaq Khalid Abdullah Al-Hussan, CEO of Saudi Tadawul Group Mohammed Sulaiman Al-Rumaih, CEO of the Saudi Exchange Richard Cormack, Co-Head of ECM & Convertibles in EMEA and Co-H...
By Abdulaziz M. Al-Judaimi,Senior Vice President of Downstream at Saudi Aramco Two transformative drivers—global economic growth averaging more than 3%/yr, and the world population expanding to more than 9 B by 2040—will have the net effect of adding another India and China to ...