DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
OpenAI - 1 Sam Altman - 1 Satya Nadella - 1 Amin Nasser - 1 Nasser - 1 Larry Fink's - 1 it's - 1 Larry Fink - 1
Top related locs:
Saudi Arabia Saudi Saudi Aramco Saudi Arabian Beijing China Massachusetts Kingdom of Saudi Arabia
Top related orgs:
Saudi Arabian Oil Company - 4 Aramco - 3 Thomson - 2 Microsoft - 1 Apple - 1 Meta - 1 Windows - 1 Activision Blizzard - 1

Search resuls for: "Saudi Arabian Oil Company"


7 mentions found


☆ A lower-cost way to get long this 'Magnificent 7' member trading at an all-time high
  + stars: | 2024-01-29 | by ( Michael Khouw | ) www.cnbc.com   time to read: +5 min
The five reporting this week — Microsoft, Apple, Alphabet, Amazon, and Meta — represent more than 23% of the index by market capitalization. But let's focus on Microsoft (MSFT) . Breaking down MSFT fundamentals Microsoft is one of the most important technology companies in the world. Over the past five years, Microsoft's price-to-earnings ratio has been as low as 25.8 and as high as 41. Some are anticipating organic sales growth of 15%, double the 7.5% average the company experienced over the past 4 quarters.
Persons: OpenAI, Sam Altman, Satya Nadella Organizations: Microsoft, Apple, Meta, Saudi Arabian Oil Company, Windows, Activision Blizzard
☆ BlackRock might not be 'woke' anymore after the asset manager put an oil CEO on its board
  + stars: | 2023-07-19 | by ( Rebecca Ungarino | George Glover | ) www.businessinsider.com   time to read: +4 min
BlackRock named Aramco CEO Amin Nasser to its board Monday. Nasser leads the world's largest oil producer, which is mainly owned by the Saudi Arabian state. Its decision to name Aramco CEO Amin Nasser to its board Monday provides further ammunition for those critics, signaling that the firm might not be as socially conscious as it says it is. That is the wrong player here, unless [BlackRock CEO] Larry Fink really wants to blur their image on the ESG front," Jeffrey Sonnenfeld, the Yale professor and management expert, said on CNBC Tuesday. Amin H. Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), speaks at the China Development Forum in Beijing, China, March 19, 2017.
Persons: Amin Nasser, Nasser, Larry Fink's, it's, Larry Fink, Jeffrey Sonnenfeld, Biden, Jamal Khashoggi, He'll, that's, Amin H, Shu Zhang, Reuters Fink, BlackRock's, It's, Fink, he'd Organizations: BlackRock, Aramco, Yale, CNBC, Washington Post, Saudi Arabian Oil Company, China Development Forum, Reuters, McKinsey, Republican Locations: Saudi Arabian, Saudi Arabia, Saudi, Saudi Aramco, Beijing, China, Massachusetts
☆ Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
  + stars: | 2023-06-24 | by ( ) www.reuters.com   time to read: 1 min
[1/2] A 3D printed natural gas pipeline is placed in front of displayed Saudi Aramco logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoJune 24 (Reuters) - Saudi Arabian Oil Company (Aramco) (2222.SE) and TotalEnergies (TTEF.PA) have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint statement on Saturday. "Aramco and TotalEnergies today awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion "Amiral" complex, a future world-scale petrochemicals facility expansion at the SATORP refinery in the Kingdom of Saudi Arabia," the statement read. Reporting by Hatem Maher and Omar Abdel-Razek; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Hatem Maher, Omar Abdel, Toby Chopra Organizations: REUTERS, Saudi Arabian Oil Company, Aramco, TotalEnergies, Procurement, Thomson Locations: Saudi Aramco, Saudi, Saudi Arabia, Kingdom of Saudi Arabia
☆ Italy's Maire Tecnimont wins $2 billion Saudi Arabia petrochemical contracts
  + stars: | 2023-06-24 | by ( ) www.reuters.com   time to read: +1 min
June 24 (Reuters) - Italian engineering group Maire Tecnimont (MTCM.MI) said it has won two contracts valued at about $2 billion related to a petrochemical expansion at the SATORP refinery in Saudi Arabia. SATORP refinery, located in Jubail, Saudi Arabia, is a joint venture between Saudi Aramco and French company TotalEnergies. The engineering, procurement and construction lump sum turnkey contracts will drive the Italian oil services group's revenues growth for 2023 and beyond, the company said in a statement on Saturday. The contracts will bring its year-to-date order intake to over 2.6 billion euros ($2.83 billion), it added. Earlier on Saturday, Saudi Arabian Oil Company (Aramco) (2222.SE) and TotalEnergies (TTEF.PA) signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia.
Persons: Maire Tecnimont, Alessandro Bernini, Mrinmay Dey, Ros Russell Organizations: Saudi Aramco, Saudi Arabian Oil Company, Aramco, Thomson Locations: Saudi Arabia, Jubail, Saudi, Bengaluru
☆ Saudi Aramco, the world's largest oil company, announces record profit of over $161 billion for 2022
  + stars: | 2023-03-12 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +4 min
Oil and gas giant Saudi Aramco announced a record $161 billion profit for 2022 on Sunday. The record profit comes amid all-time high oil and gas prices after Russia invaded Ukraine. Commonly referred to as Saudi Aramco, the oil and gas giant saw its profits increase nearly 50% from $110 billion in 2021 to a record $161.1 billion for 2022, the company announced Sunday. Other oil companies including ExxonMobil, BP, and Shell also recorded all-time high profits in 2022 as global oil and gas prices reached record highs last year. However, all of those earnings at $55.7 billion, $28 billion, and about $40 billion, respectively, were dwarfed by Aramco's $161 billion.
☆ Aramco and TotalEnergies to build $11 bln Saudi petrochemicals plant
  + stars: | 2022-12-15 | by ( ) www.reuters.com   time to read: +1 min
[1/2] A sign with the logo of French oil and gas company TotalEnergies is pictured at a petrol station in Bouguenais near Nantes, France, November 14, 2022. REUTERS/Stephane Mahe/File PhotoPARIS, Dec 15 (Reuters) - Saudi Arabian Oil Company (Aramco) and TotalEnergies (TTEF.PA) will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project involves investment of about $11 billion, of which $4 billion will be funded through equity by Aramco (62.5%) and TotalEnergies (37.5%), the statement said. The planned Amiral complex, integrated with the existing Saudi Arabia Total Refining and Petrochemical (SATORP) refinery located in Jubail on Saudi Arabia’s eastern coast, will be owned and operated by Aramco and TotalEnergies. The petrochemicals facility will enable SATORP to convert its refinery off-gases and naphtha, as well as ethane and natural gasoline supplied by Aramco, into higher-value chemicals.
☆ Aramco CEO says Europe's energy crisis plans only short-term solution
  + stars: | 2022-09-20 | by ( Maha El Dahan Nadine Awadalla | Maha El Dahan | Nadine Awadalla | ) www.reuters.com   time to read: +2 min
Amin H. Nasser, president and CEO of Saudi Arabian Oil Company, Saudi Aramco, is seen at the 24th World Energy Congress (WEC) in Abu Dhabi, United Arab Emirates September 10, 2019. Under EU plans announced last week, excessive profits from energy companies would be skimmed off and redistributed to ease the burden on consumers. "The conflict in Ukraine has certainly intensified the effects of the energy crisis, but it is not the root cause," he said. The underinvestment comes at a time when spare capacity is thin and demand is "fairly healthy" despite strong economic headwinds. "When the global economy recovers, we can expect demand to rebound further, eliminating the little spare oil production capacity out there," Nasser said.
0 next >>
Total: 7