The deal includes building a 3.000-megawatt plant in Saudi Arabia.
Read More »Turkish Tekfen. Saudi Aramco Sign $590 Million Deal
Under the $590 million deal. Tekfen will build satellite gas compression plants pipelines for the Haradh Gas Increment Program.
Read More »Aramco is Weighing Global Bond Sale to Finance SABIC Deal
Aramco has appointed JPMorgan Chase &. Co and Morgan Stanley to advise on the SABIC deal.
Read More »Saudi Arabia Supplying Fuel to Help Iraq Overcome Electricity Crisis
Talks between Iraq and Saudi Arabia have led to ``positive results`` in collaborating in the fields of fuel and energy.
Read More »SABIC CEO Says Aramco Acquisition Talks are Only with PIF
JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.
Read More »Oil Rises on US-EU Trade Talks. Red Sea Shipping Suspension
U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.
Read More »Saudi’s Aramco Plan B is on Ice
Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.
Read More »Aramco Unlikely to Reduce Oil Exports to West after Houthi Attack
Oil producer has alternative channels to transport crude to its customers in Europe.
Read More »Oil Futures Holds Gain as Red Sea Shipments Paused
Saudi Arabia pausing oil shipments through the Red Sea caused oil futures remain high.
Read More »Oil Rise after Saudi Arabia Suspends Shipments through Red Sea
Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.
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