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Saudi Aramco shares extended their losses for a fourth session. reversing about half the gains accumulated from the rally following the company’s historic trading debut.
Read More »Aramco Stocks Give Up About Half of Gains Since Debut
Saudi Arabia and Kuwait Close to Neutral Zone Oil Deal
The zone was formally partitioned between Saudi Arabia and Kuwait in 1970.
Read More »The Leading Company to Fight against Methane
Aramco spends a big proportion of its research and development budget on measures to counter the environmentally damaging effects of the oil and gas business.
Read More »Aramco Up for Third Session With Eye on Passive Flows
Saudi Aramco shares advance for a third session -- though the market valuation remained below $2 trillion -- with investors focusing on the energy company’s inclusion in major international equity indexes this week.
Read More »Green Finance Hub for Emerging Markets
The Saudi government intends to attract between $30-50 billion in new investments into renewables by 2030.
Read More »Saudi Aramco Replaces Apple as World’s Largest Listed Company
Aramco is worth more than the top five oil companies – Exxon Mobil. Total. Royal Dutch Shell. Chevron. and BP – combined.
Read More »Saudi Arabia Plans for Lower 2020 Oil Revenues on OPEC Cuts
The budget deficit will widen to 6.4% in 2020 from 4.7% in 2019 as the government earns less from oil.
Read More »Aramco to Be Worth more than $2T
Aramco shares will begin to be trade publicly on Saudi stock exchange Tadawul next week.
Read More »Saudi Arabia Wants OPEC+ to Deepen Oil Cuts Due to Aramco IPO
The IPO will be priced on Dec. 5. the same day OPEC meets in Vienna. The OPEC+ grouping holds talks on Dec. 6.
Read More »Gulf State Investors Step In To Help Aramco Hit IPO Target
The offering to institutional investors. expected to raise about two thirds of the offering. closes on Dec 4.
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