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Tag Archives: Aramco

Saudi Aramco wants to strengthen gas business through joint ventures

Saudi Arabian oil giant Aramco, which has an ambitious plan to expand its natural gas business, is holding discussions with many partners about a potential joint venture or potential partnership to expand its international position in the gas sector, said Aramco of Saudi Arabia CEO Amin Nasser said on Thursday. "For the time being, we're looking for a potential joint …

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Saudi Aramco is the world's most profitable company, but where is all the money left?

Share on facebook Share on twitter Share on LinkedIn <div _ngcontent-c14 = "" innerhtml = " Saudi oil giant Saudi Aramco unveils some of his works The best-kept secrets of the week: FitchRatings has released the press release on its very first credit rating (A +), including some financial information, adding Aramco's earnings before interest, taxes, depreciation and amortization to …

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Saudi Aramco makes investments despite a delayed IPO

The largest IPO in the world is currently taking place. The expenditures that had to be made possible may not be. Saudi Arabia planned to bring its huge oil company, Saudi Aramco, to public markets. It should be the linchpin of a big economic vision and generate billions of dollars to secure the future of the Kingdom's economy, including huge …

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Exclusive: Aramco IPO stopped, oil giant raises advisers – sources

LONDON / RIYADH (Reuters) – Saudi Arabia has canceled plans for national and international stock market listing of state oil giant Aramco, which has been announced as the largest IPO in history. Financial advisers working on the proposed listing have been disbanded as Saudi Arabia is turning its attention to a proposed acquisition of a "strategic stake" in local petrochemical …

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Exclusive: Aramco listing plan stopped, oil giant raises advisor sources

LONDON / RIYADH (Reuters) – Saudi Arabia has canceled both the national and international stock market listing of state oil giant Aramco, which has been announced as the largest such transaction in history. The financial advisors working on the proposed listing were dissolved as Saudi Arabia shifted its focus to a proposed acquisition of a "strategic stake" in the local …

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Aramco raises oil prices in Asia to 4-year high when needed

Saudi Arabia, the world's largest oil exporter, has raised Asian buyers' prices to the highest level since 2014, as demand in the country's largest market is rising under threats from rival suppliers. State Ownership Saudi Arabian Oil Co. has increased its official selling price for Arab Light crude for delivery to Asia by 20 cents to $ 2.10 a barrel …

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Saudi Aramco appoints first woman to the board

DUBAI (Reuters) – Saudi state-owned Aramco, the world's leading oil company, has appointed five new members to its board on Sunday, including a female executive, a milestone for Saudi Arabia and the oil industry with few women executives. FILE PHOTO: A Saudi Aramco employee is sitting at his stand at the 2016 Middle East Petrotech, an exhibition and conference for …

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