Adnoc lures foreign investors to explore new financing options
The oil giant has raised more than $19 billion from foreign investors in the last three years...
Tag : Middle East oil and gas
Kuwait inks 15-year pact with Qatar to import gas from 2022
Kuwait’s dire need of gas to be fulfilled from 2022...
Aramco is now only company in the world with $2tn valuation
Aramco’s stocks gained 10% on their second day of trading...
Investor appetite pushes Aramco valuation to $1.88 tn
Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday...
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...
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 aims for $ 1.6 tn to $1.8 tn valuation at IPO
Aramco made a net income of $111 billion in 2018, making it the most profitable of any global corporations...
Aramco and other oil giants to bid for stake in India’s BPCL
The government of India is looking to offload its 53.29% stake in Bharat Petroleum after privatisation was approved on September 30...