Aramco is now only company in the world with $2tn valuation
Aramco’s stocks gained 10% on their second day of trading...
Category : Oil & Gas
Investor appetite pushes Aramco valuation to $1.88 tn
Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday...
Experts: $2 tn valuation possible for Aramco
High demand, reducing production and incentivising shares could drive share prices up...
Aramco allocates 23% shares to non-Saudi investors in IPO
Aramco is expected to list 1.5% of its shares on the Tadawul later this week...
Russia’s Gazprom exploring undersea gas pipeline to South Asia
The pipeline will begin from the Persian Gulf and stretch up to Pakistan, India, and Bangladesh...
Petrobras’ equity value to increase by 45% by 2021
The Brazilian oil giant is planning to cut costs and divest its non-core assets...
FIIs account for only 10.5% of Aramco shares
Overall institutional investors put in bids worth $38 bn for Aramco IPO...
Aramco-Adnoc refinery in India to cost 2X of estimated price
The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn...
Abu Dhabi mulls over $1.5 bn Aramco investment
The investment will be made through Abu Dhabi’s state-owned entities...
Saudi Aramco lures investors in Dubai for IPO
The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia...