The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petro-chemical group Sabic.
Read More »Aramco and Sabic Plan `Discovery Phase` to Unlock Savings after Merger
Sabic was formed in the 1970s to make use of byproducts from refineries.
Read More »Aramco Building Global Gas Business to Cut Carbon Footprint
Aramco’s gas expansion strategy needs $150 billion of investment over the next decade.
Read More »Saudi Arabia will Cut Oil Exports in April
Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.
Read More »Saudi Arabia will Cut Oil Exports in April
Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.
Read More »UAE in Compliance with OPEC and Non-OPEC Output Curbs
The UAE’s output at the end of January according to secondary sources cited by OPEC was 3.078 million bpd.
Read More »India Seeks Saudi Investments to Bolster Crude Reserves
India has already built 5.33 million tons of underground reserves in three locations.
Read More »Saudi Arabia Discovers Large Natural Gas Find in Red Sea
Saudi Aramco’s gas development programme is expected to attract as much as $150 billion in investment over the next decade.
Read More »Saudi Aramco IPO expected within two years
Saudi Aramco is expected to issue its initial public offering (IPO) within two years.
Read More »Novatek Completes Sale of 10% Stake in Arctic LNG 2 to Total
Novatek previously agreed to grant Total the option to acquire a 10% to 15% direct interest in all of its future LNG projects.
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