Search results
Results from the WOW.Com Content Network
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company or simply Aramco (formerly Arabian-American Oil Company), is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
Steineke continued to work in Saudi Arabia during World War II. During that period CASOC's role was to produce oil for the allies, and protect the oil fields from enemy occupation. [3] He continued as Aramco's chief geologist until 1950, when his health began to deteriorate. [10] Steineke died in Los Altos, California, in April, 1952, at age 54.
Amin Hassan Nasser (Arabic: أمين حسن الناصر) is the President and CEO of Saudi Aramco, the world's largest oil producer.He became acting president and chief executive in May 2015 before assuming the position permanently in September 2015. [1]
In return, ARAMCO agreed to provide the Saudi Arabian government with large amounts of free kerosene and gasoline, and to pay higher payments than originally stipulated. Beginning in 1950, the Saudi Arabian government began a pattern of trying to increase government shares of revenue from oil production.
Yasir bin Othman Al-Rumayyan (Arabic: ياسر الرميان; born 18 February 1970) is a Saudi businessman who is governor of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. He also chairs the state-owned petroleum company Saudi Aramco and Saudi Arabia's largest mining company Maaden. [1]
In 1984, he became Aramco's vice president of government affairs and then promoted to senior vice president of industrial relations in 1988. That same year the company's name was changed to Saudi Arabian Oil Company (or, Saudi Aramco) to reflect a formal shift in management and operation's control of the company to the Saudi government. In 1991 ...
(Saudi energy minister Prince Abdulaziz bin Salman is MBS’s half-brother.) Aramco’s 2019 IPO was the biggest in history, raising nearly $30 billion, but the company floated only 1.7% of its ...
Saudi Aramco, the state-owned oil company of Saudi Arabia, also traces its origins to Standard Oil as the Arab kingdom founded it in a partnership with Standard Oil of California, today known as Chevron Corporation.