Tag Archives: Persian Gulf Countries

Aramco is leaning on business partners and friendly governments to help achieve its preferred valuation of US$2 trillion.

Saudi Arabia is a key pillar of India’s energy security. being a source of 17% or more of crude oil and 32% of LPG requirements of India.

Aramco is speeding up preparations for the IPO with an aim of listing on the Saudi bourse as soon as November.

Saudi Arabia has positioned itself as the swing supplier in global markets for decades.

The Khurais facility is now producing over 1.3 million barrels per day. while the Abqaiq plant is producing approximately 3 million.

Saudi state oil firm Aramco has told Japanese refiner JXTG Nippon Oil &. Energy about a possible change in shipment. raising concern about the kingdom’s ability to supply crude oil a week after attacks on its refineries.

Saudi'.s oil production from Khurais is now at more than 1.3 million bpd.

Aramco held kickoff meetings with the top banks in Dubai last week.

Aramco is moving fast to add banks in junior roles on the deal after choosing the top underwriters last week.

The attacks halved the crude output of the world'.s top oil exporter. by shutting down 5.7 million barrels per day.