Tag Archives: Saudi Aramco

International energy firms will be invited to participate in India’s privatization of state-owned oil companies.

Some traders expect the agreed cuts of 1.2 million barrels a day to be increased.

The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area.

OPEC and its partners are due to meet next month in Vienna.

Global oil demand may peak within the next 20 years.

Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from November 17.

Aramco formally announced a plan this week to launch an IPO on its domestic exchange on Dec. 11.

The Silk Road Fund was set up in 2014 with $40 billion of initial capital.

Plans for the IPO were first announced in 2016 as part of Saudi Arabia’s Vision 2030 economic overhaul programme.

OPEC will remain under pressure from rising U.S. oil output.