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Aramco's Data Loss Prevention

World Digital Refineries Congress presentation shows how to prevent confidential information from 'leaking' out of the organization with corporate-wide roll out of RSA Data Loss Prevention suite.
Tags: Aramco, World Digital Refineries Congress


Oil prices rise over 1% on drone attack on Saudi Aramco facilities

Oil prices rose over 1% on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco. The poll was conducted ahead of weekly reports from API at 4:30 p.m. EDT (2030 GMT) on Tuesday and the U.S. Energy Information Administration (EIA) at 10:30 a.m. EDT on Wednesday. Saudi Arabia said armed drones had struck two oil pumping stations in the kingdom on Tuesday in what it call...
Tags: Science, Saudi Arabia, Iran, Api, Aramco, U S Energy Information Administration EIA


Donald Trump says he is 'absolutely' ready to send troops to confront Iran

Donald Trump yesterday suggested he is ready to send “a hell of a lot” of troops to confront Iran in the Middle East amid warnings that the two countries are stumbling towards a war. The comments come amid mounting diplomatic and military tensions in the Persian Gulf after Iran-aligned Yemeni rebels attacked an oil pipeline in Saudi Arabia and an unidentified attacker attempted to sabotage tankers. Mr Trump said reports that the Pentagon has already drawn up plans to deploy 120,000 soldiers to t...
Tags: News, Vladimir Putin, Washington, Saudi Arabia, White House, Iraq, Russia, US, European Union, Iran, Syria, Ukraine, Britain, United States, United Kingdom, New York Times


Saudi Aramco bets on oil supply to Europe, trading expansion

Saudi Aramco aims to boost its oil supply to Europe by 300,000 barrels per day (bpd) within the next two years as it expands its trading operations there with an office opening this summer in London, a senior company executive said. Aramco, the world’s biggest oil producer, is expanding its downstream, or refining and marketing, footprint globally by signing new deals and boosting the capacity of its plants to secure new markets for its crude. The company's trading arm has been focusing on a n...
Tags: Europe, Science, London, Aramco, Saudi Aramco


Feel-good factor suggests #Saudi economy has turned corner | Arab News

Feel-good factor suggests Saudi economy has turned corner | Arab News:Just how real is Saudi Arabia’s economic recovery? At the Financial Sector Conference in Riyadh a few weeks back, there was lots of optimism in the air, some positive news on the government budget, and some anecdotal evidence that a corner has been turned.The budget surplus in the first quarter this year was the first since 2014, and though it turned out that factored in a big dividend payment from Saudi Aramco, there was stil...
Tags: Travel, Saudi Arabia, Kingdom, Riyadh, Aramco, Saudi Aramco, Rupert Neil Bumfrey


#Saudi Aramco Is Said to Consider Shale Investment With Equinor - Bloomberg

Saudi Aramco Is Said to Consider Shale Investment With Equinor - Bloomberg:Saudi Aramco is weighing a potential investment in Norwegian oil company Equinor ASA’s U.S. shale operations in what could be the energy giant’s first ever overseas venture for gas exploration, according to people familiar with the matter. The state-run company, known officially as Saudi Arabian Oil Co., is considering investing in Equinor’s Marcellus shale operations through a joint venture or by buying a stake, the peop...
Tags: Travel, Aramco, Saudi Aramco, Saudi Arabian Oil Co, Rupert Neil Bumfrey, Equinor, Equinor ASA, Equinor Bloomberg, Representatives for Aramco


#Saudi Aramco Said to Give Extra Oil to Crude-Hungry Asian Buyers - Bloomberg

Saudi Aramco Said to Give Extra Oil to Crude-Hungry Asian Buyers - Bloomberg:Saudi Arabia is set to supply more crude to oil-starved Asian refiners, and extract a heavy price for it.State-run producer Saudi Aramco will sell additional cargoes to customers in the world’s biggest oil-consuming region for June loading, according to people with knowledge of the matter. The shipments will be on top of those scheduled under long-term crude contracts, they said, asking not to be identified because the ...
Tags: Travel, Saudi Arabia, Russia, Nigeria, Bloomberg, Iran, Middle East, Venezuela, Aramco, Saudi Aramco, Rupert Neil Bumfrey, Saudi Aramco Said to Give Extra Oil


#Saudi Aramco Sees Shale Gas as Kingdom's Next Energy Bonanza - Bloomberg

Saudi Aramco Sees Shale Gas as Kingdom's Next Energy Bonanza - Bloomberg:The world’s biggest oil exporter is ramping up efforts to develop natural gas with plans for a 15-fold boost in output from unconventional deposits of the fuel.Saudi Aramco is building facilities to tap shale gas in the kingdom’s oil-rich eastern region and is making “a lot of progress” toward this goal, Chief Executive Officer Amin Nasser told reporters in Dammam, Saudi Arabia. Plans include a plant to desalinate seawater ...
Tags: Travel, Aramco, Saudi Aramco, Nasser, Rupert Neil Bumfrey, Dammam Saudi Arabia, Amin Nasser, Next Energy Bonanza Bloomberg


Aramco's bond is 'only the beginning', #Saudi energy minister says - Reuters

Aramco's bond is 'only the beginning', Saudi energy minister says - Reuters:Saudi Aramco, the world’s biggest oil producer, will remain active in the debt markets after its debut $12 billion bond earlier this month, which was “only the beginning”, Saudi Energy Minister Khalid al-Falih said on Wednesday.Falih, speaking at a financial conference in Riyadh, also said Aramco would access the equity markets earlier than expected after the company gained exposure among investors through the bond sale....
Tags: Travel, Saudi Arabia, Reuters, Riyadh, Aramco, Saudi Aramco, Khalid al Falih, Rupert Neil Bumfrey, Falih


Aramco floats downstream in deals flurry | Arab News

Aramco floats downstream in deals flurry | Arab News:Suddenly, Saudi Aramco is a blurred frenzy of corporate activity. In a little under a month, the KSA oil giant has pulled off some of the biggest deals in the business world this year, and enhanced its reputation beyond crude oil into the fields of finance, petrochemicals and refining. Whatever next?Since late last month, when Aramco announced it had agreed terms to clinch the purchase of a majority stake in SABIC — the biggest corporate trans...
Tags: Travel, South Korea, Kingdom, Royal Dutch Shell, Ksa, Aramco, Saudi Aramco, SABIC, Rupert Neil Bumfrey, Hyundai Oilbank, Reliance Industries of India


Aramco Hype Meets Reality as Bonds Drop After Unprecedented Sale - Bloomberg

Aramco Hype Meets Reality as Bonds Drop After Unprecedented Sale - Bloomberg:The slump in Aramco bonds since its unprecedented debt sale this month makes one thing clear: you can’t take the Saudi out of Saudi Aramco.Demand was so great, with bids topping $100 billion, that the energy giant managed to raise $12 billion at lower yields than the kingdom itself, which is uncommon in corporate bond markets. Investors are now paying the price for that discrepancy: all five maturities have fallen since...
Tags: Travel, Singapore, Bloomberg, Aramco, Rupert Neil Bumfrey, Patrick Wacker, UOB Asset Management Ltd


Reliance Said to Weigh Refinery Stake Sale to Aramco, Adnoc - Bloomberg

Reliance Said to Weigh Refinery Stake Sale to Aramco, Adnoc - Bloomberg:Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is considering selling as much as 25 percent of its refinery business in a deal that could fetch at least $10 billion, people with knowledge of the matter said.Reliance is sounding out potential investors including state-owned Saudi Arabian Oil Co. and Abu Dhabi National Oil Co. to gauge their interest, according to the people, who asked not to be identified because...
Tags: Travel, Reliance, Aramco, Reliance Industries Ltd, Saudi Arabian Oil Co, Mukesh Ambani, Rupert Neil Bumfrey, Abu Dhabi National Oil Co


Aramco plans to buy Shell's stake in Saudi refining JV- sources | ZAWYA MENA Edition

Aramco plans to buy Shell's stake in Saudi refining JV- sources | ZAWYA MENA Edition:Saudi Aramco plans to buy Royal Dutch Shell's 50 percent stake in Saudi refining complex SASREF, a joint venture between the firms, two sources said on Wednesday.One of the sources said an agreement has been reached between Aramco and Shell.Aramco and Shell declined to comment. [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Royal Dutch Shell, Shell, Aramco, Saudi Aramco, Shell Aramco, Rupert Neil Bumfrey


Aramco plans to buy Shell’s stake in Saudi refining JV, say sources: Reuters

Saudi Aramco plans to buy Royal Dutch Shell’s 50 percent stake in Saudi refining complex SASREF, a joint venture between the firms, two sources said on Wednesday. One of the sources said an agreement has been reached between Aramco and Shell. Aramco and Shell declined to comment. Saudi Aramco Shell Refinery Co (SASREF), based in Jubail Industrial City in Saudi Arabia, has a crude oil refining capacity of 305,000 barrels per day (bpd). Shell has sold over $30 billion of assets in recent years as ...
Tags: Saudi Arabia, Trends, Royal Dutch Shell, Shell, Reuters, Aramco, Saudi Aramco, Shell Aramco, PE Deals, Energy Intelligence, Jubail Industrial City, Energy/Power, SASREF, Saudi Aramco Shell Refinery Co


Aramco plans to buy Shell's stake in Saudi refining JV: sources

Saudi Aramco plans to buy Royal Dutch Shell's 50 percent stake in Saudi refining complex SASREF, a joint venture between the firms, two sources said on Wednesday.
Tags: Money, businessNews, Royal Dutch Shell, Shell, Aramco, Saudi Aramco


Hyundai Heavy says Aramco buys 17 percent stake in South Korean refiner unit for $1.2 billion

The biggest shareholder in South Korean oil refiner Hyundai Oilbank said on Monday that state-owned Saudi Aramco had agreed to buy a 17 percent stake in its oil processing operations for 1.4 trillion won ($1.24 billion).
Tags: Money, businessNews, Aramco, Saudi Aramco, Hyundai Heavy, Hyundai Oilbank


#Saudi Aramco's Quest to Become the World's Biggest Oil Consumer - Bloomberg

Saudi Aramco's Quest to Become the World's Biggest Oil Consumer - Bloomberg:Saudi Aramco is well known as the world’s top crude exporter. If all goes to plan, it may also become the biggest user of the fossil fuel.More than a third of Aramco’s oil is currently fed into its fully-owned and joint venture refineries, according to its bond prospectus. The company plans to double its refining network to handle as much as 10 million barrels a day by 2030, locking in a friendly buyer for the kingdom’s ...
Tags: Travel, Aramco, Saudi Aramco, John Stewart, Rupert Neil Bumfrey, Wood Mackenzie Ltd, Biggest Oil Consumer Bloomberg


#SaudiArabia still faces investor unease amid Aramco bond rush | Financial Times

Saudi Arabia still faces investor unease amid Aramco bond rush | Financial Times:Saudi Arabia got the cold shoulder from global finance last year when the killing of journalist Jamal Khashoggi tarnished crown prince Mohammed bin Salman’s wish to be seen as a business-friendly reformer. Scores of business names, including JPMorgan chief executive Jamie Dimon, pulled out of a Saudi-organised event dubbed “Davos in the desert” soon after Khashoggi’s death.So Tuesday’s record-breaking order book for...
Tags: Travel, Saudi Arabia, Davos, Jamie Dimon, Financial Times, Riyadh, Aramco, Saudi Aramco, Jpmorgan, Mohammed bin Salman, Rupert Neil Bumfrey, Khashoggi, Jamal Khashoggi


The $100 Billion Man: Aramco CEO Delivers Record-Breaking Bond - Bloomberg

The $100 Billion Man: Aramco CEO Delivers Record-Breaking Bond - Bloomberg:When Amin Nasser met investors at the palatial St. Regis hotel in midtown Manhattan last week, the chief executive officer of the world’s biggest oil company had one clear message: we’re in a league of our own.After a bruising two years of being buffeted by delays to an initial public offering, investor skepticism over the valuation and profound change within Saudi Arabia, the CEO was here to set Wall Street straight: “Sa...
Tags: Travel, Saudi Arabia, Bloomberg, Manhattan, Aramco, St Regis, Rupert Neil Bumfrey, Amin Nasser, Jamal Khashoggi


Western banks help Saudis raise $12 billion in bonds

LONDON (AP) — Saud Arabia’s oil company Aramco – the most profitable company in the world – has raised $12 billion in a bond issue that shows Western investors are keen to do business with the kingdom despite the scandal over the killing of a dissident journalist last year. Bonds from Saudi Aramco began trading […]
Tags: Business, London, News, Ap, Nation, Aramco, Saud Arabia


Aramco sells $12 billion bonds out of record $100 billion demand - Reuters

Aramco sells $12 billion bonds out of record $100 billion demand - Reuters:Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company.State-owned Aramco’s bond issue, split into maturities ranging from three to 30 years, is seen as a gauge of potential investor interest in the Saudi comp...
Tags: Travel, Reuters, Aramco, Saudi Aramco, State, Khalid al Falih, Rupert Neil Bumfrey, Saudi company


Aramco sells $12 billion bonds out of record $100 billion demand

Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company. State-owned Aramco's bond issue, split into maturities ranging from three to 30 years, is seen as a gauge of potential investor interest in the Saudi company's eventual initial public offering. Having swelled to over $100 bill...
Tags: Science, Saudi Arabia, Qatar, Argentina, Aramco, Saudi Aramco, State


Aramco sets record with $100 billion demand for landmark bond

Orders for Saudi Aramco's debut international bond topped $100 billion on Tuesday, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company.
Tags: Money, businessNews, Aramco, Saudi Aramco


#Saudi Aramco Offers 6-Part Debt, Order Book at $60 Billion - Bloomberg

Saudis Emerge From Khashoggi Crisis With $85 Billion Bond Orders  - Bloomberg:Saudi Aramco, the world’s largest oil company, has received $85 billion in orders for its debut bond sale, an offering where yields may fall in line or below Saudi Arabia’s sovereign debt.It’s rare for bonds of a state-owned company to pay less than the sovereign debt and the demand reflects intense investor appetite for high-quality paper. For Saudi Arabia and Aramco itself, the early success in selling the bonds mark...
Tags: Travel, Saudi Arabia, Bloomberg, Aramco, Saudi Aramco, Rupert Neil Bumfrey, Khashoggi, Jamal Khashoggi


Demand for Aramco's bonds swells to over $85 billion: source

DUBAI (Reuters) - Saudi Aramco has attracted orders in excess of $85 billion for its planned debut international bond, a source familiar with the matter said.
Tags: Science, Dubai, Aramco, Reuters Saudi Aramco


Aramco breaks record as demand for its bond tops $85 billion

Orders for Saudi Aramco's debut international bonds topped $85 billion, sources familiar with the matter said, a record breaking vote of market confidence for the oil giant.
Tags: Money, businessNews, Aramco, Saudi Aramco


Demand for Aramco's bonds swells to over $85 billion - source

Saudi Aramco has attracted orders in excess of $85 billion for its planned debut international bond, a source familiar with the matter said.
Tags: Money, businessNews, Aramco, Saudi Aramco


#Saudi Aramco Offers 6-Part Debt, Order Book at $60 Billion - Bloomberg

Saudi Aramco Offers 6-Part Debt, Order Book at $60 Billion - Bloomberg:Saudi Aramco, the world’s largest oil company, has received $60 billion in orders for its debut bond sale, kickstarting an offering with yields likely to fall in line or below Saudi Arabia’s sovereign debt.It’s rare for bonds of a state-owned company to yield less than the sovereign debt and the demand reflects intense investor appetite for high-quality paper. For Saudi Arabia and Aramco itself, the early success in selling t...
Tags: Travel, Saudi Arabia, Aramco, Saudi Aramco, Rupert Neil Bumfrey, Jamal Khashoggi


Demand for Aramco's debut bonds at over $50 billion: sources - Reuters

Demand for Aramco's debut bonds at over $50 billion: sources - Reuters:Saudi Aramco has received over $50 billion in bids for its debut international bond sale, which had been expected to be in the $10 billion region, sources familiar with the matter said.The state-owned oil giant is marketing a U.S. dollar-denominated debt issue split into six tranches with maturities ranging from three to 30 years.One of the sources said demand had gone up to $60 billion. That would be the highest order book v...
Tags: Travel, Qatar, Reuters, Aramco, Saudi Aramco, Rupert Neil Bumfrey


Investors flock to Saudi Aramco's debut international bond

RIYADH/DUBAI (Reuters) - Saudi Aramco has received bids for more than three times the $10 billion it was expected to raise in a debut international bond issue, which is being watched as a gauge of potential investor interest in the oil company's eventual initial public offering. The demand prompted the world's largest oil firm to market the six-part deal - which will price on Tuesday and could see Aramco raise more than $10 billion - with a smaller than expected premium to the Saudi government ...
Tags: Apple, Science, Reuters, Aramco, Saudi Aramco, Riyadh Dubai, Reuters Saudi Aramco