Europe made its mark with brands like the UK's Shell, valued at $50 billion, and France's Louis Vuitton, with a brand value of $32 billion.
The $10 billion MGS-3 project by Aramco aims to expand the gas processing capacity. Earlier, it was reported that Larsen & Toubro (L&T) and Kalpataru Power Transmission Ltd emerged as the lowest bidders for MGS-3 Project.
L&T: ICICI Securities said given the order inflow, including the mentioned order, L&T could beat its earlier order inflow guidance. L&T had earlier said that order prospects improved sequentially.
The company has bagged the order for Jafurah unconventional gas development project of Saudi Aramco, which is worth $2.9 billion or nearly Rs 24,000 crore.
Forbes Global 2000 list 2023: Mukesh Ambani-led Reliance Industries Limited (RIL) has been ranked 45th in Forbes' latest Global 2000 list of public companies. It climbed eight spots, to reach the highest level for an Indian company on the coveted list. Life Insurance Corporation (LIC) made its maiden entry to the Forbes list at 363 rank. Watch Business Today Visual Story to know more
With a mcap at $970 billion, Nvidia is the world's sixth biggest company in the world following Apple, Microsoft, Saudi Aramco, Alphabet and Amazon. It is also the fifth biggest company on Wall Street.
The increase in profits was attributed to higher energy prices, increased volumes sold, and improved margins for refined products.
Saudi Aramco owns more than 63% of South Korean refiner S-Oil Corp.
MacLeod, who has led investor relations at Saudi Aramco since 2017, told the Financial Times that he was unaware of the ban and had passed through two Indian airports while openly carrying the phone without being stopped by security.
Amin Nasser, head of the world's largest oil producer, said on Monday he was sticking to the target of expanding capacity to 13 million barrels per day from the current 12 million by 2027, despite calls to do it faster.
Aramco, which is at par with Apple Inc as the world's most valuable companies, reported a net income of $39.5 billion for the quarter to March 31 from $21.7 billion a year earlier.





