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Showing 1 - 6 of 6 results for "Aramco"

HSBC receives ESG accolades, criticism on same day

ELIZABETH MCARTHUR  |  THURSDAY, 27 JAN 2022
... received a glowing report on its ESG credentials and withering criticism that it "trashed" its own carbon pledge with a Saudi Aramco deal. S&P released its ESG ratings for $3 trillion financial institution HSBC, scoring the company 76 out of 100. "Climate ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... is also taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab Light grade of crude pricing by a "larger-than-expected amount for shipments to Asia, its main market. ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... The company will be able to meet all its commitments to customers this month by drawing on its crude oil reserves" and Aramco chief executives Amin Nasser's declaration that the Abqaig facility's production would be back to pre-attack levels ...

Chief economist update: Let's talk about oil baby

BENJAMIN ONG  |  WEDNESDAY, 11 APR 2018
... will get higher in this year and also get higher in 2019, so we are trying to pick the right time [for the issuance of Aramco's IPO]". But I digress. There's another war happening in another kingdom. The Kingdom of Saudi Arabia's ongoing battle to keep ...

Why the eurozone cannot afford cheap oil

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2014
... the picture... it engaged in price discounting. As per Bloomberg, "State-owned producer Saudi Arabian Oil Co., or Saudi Aramco, yesterday lowered the premium for Arab Light relative to U.S. Gulf Coast by 45 cents a barrel to the least since December". ...

Market Wrap - Morning

AAP  |  TUESDAY, 26 JUL 2011
... cent. Dow Chemical added 1.2 per cent on the announcement of a $US20 billion ($A18.53 billion) venture with Saudi oil giant Aramco. BlackBerry maker Research in Motion lost 4.4 per cent after announcing it was cutting 2,000 jobs. The rising spectre of ...
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