Oil & GasAramco replaces chairman with sovereign wealth fund chiefInternational Finance DeskSeptember 3, 2019December 17, 2019 by International Finance DeskSeptember 3, 2019December 17, 2019 Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO... Read more
Oil & GasSaudi Aramco favours Tokyo for international listing of its IPOInternational Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 London and Hong Kong, considered previously for the listing, have been eliminated owing to political uncertainties... Read more
Oil & GasPetrobras privatisation attracts oil giants Aramco and PetroChinaInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 The privatisation of eight Petrobras’ refineries could raise around $18 bn... Read more
Oil & GasSaudi Aramco valuation gap might complicate its IPOInternational Finance DeskAugust 9, 2019 by International Finance DeskAugust 9, 2019 While Saudi Crown Prince Mohammed Bin Salman is insisting on a US$2 tn valuation, bankers value the company at $1.5 tn... Read more
Wealth ManagementSaudi sovereign wealth fund buys 40% stake in Aramco-Jacobs’ ventureInternational Finance DeskJuly 17, 2019December 23, 2019 by International Finance DeskJuly 17, 2019December 23, 2019 PIF will hold a 30% stake in Jasara from Aramco and 10% from Jacobs Engineering after the transaction is completed... Read more
EnergyDubai’s OSC, Aramco to invest $450 mn in Saudi’s SPARKInternational Finance DeskJuly 12, 2019December 17, 2019 by International Finance DeskJuly 12, 2019December 17, 2019 The project is expected to contribute more than $6 billion to the Saudi Arabia’s GDP... Read more
Oil & GasAs Saudi Aramco prepares to restart IPO, investment banks line upInternational Finance DeskJuly 3, 2019December 18, 2019 by International Finance DeskJuly 3, 2019December 18, 2019 "We have always been clear that the IPO will happen in the 2020-2021 timeframe," Saudi Energy Minister Khalid Al Falih said.... Read more
Oil & GasIndia finally allocates land for $44 bn refinery with Adnoc, AramcoInternational Finance DeskJune 21, 2019 by International Finance DeskJune 21, 2019 Aramco and ADNOC inch closer to building the oil refinery in Raigad district of Maharashtra, India... Read more
Oil & GasAramco aims to become the leading LNG player with Sempra dealInternational Finance DeskMay 23, 2019November 14, 2019 by International Finance DeskMay 23, 2019November 14, 2019 Aramco would buy 5 million tons of liquefied natural gas per year from Sempra’s Port Arthur in Texas... Read more
CompanyAramco Trading Company recognized for helping pave the New Silk RoadInternational Finance DeskOctober 23, 2017 by International Finance DeskOctober 23, 2017 The New Silk Road CEO of the Year Awards were developed to celebrate a new wave of economic integration between the Arabian Gulf region and the Far East... Read more