CEO and president Amin Nasser says exploring other deals in the infrastructure. manufacturing and service industry sectors.
Read More »China Oil Futures may Threaten Primacy of U.S. Dollar
China surpassed the United States in 2017 to become the world’s largest oil importer.
Read More »Saudi Arabia Meets the West. but Is Looking East
China is already one of the largest clients of Saudi crude oil.
Read More »OPEC Curbs Oil Shipments to U.S. Refiners
Ecuador cut shipments to the United States by 86 percent and Kuwait cut exports by 58 percent. week-over-week.
Read More »US-Saudi Partnership: A Long Affair
The two countries initiated diplomatic relations in 1940 during World War II.
Read More »US Investors Cool Response to Aramco IPO
Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.
Read More »Saudi IPO May Be Delayed Until 2019
Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.
Read More »Saudi`s Shale Revolution
Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.
Read More »Aramco. SABIC and `Wood Group` to Develop World’s Largest Crude Oil to Chemicals Project
The project is expected to achieve a direct conversion rate from crude oil to chemicals of almost 50 percent.
Read More »Saudi`s Concern about Risks with New York IPO for Aramco
New York and London have long been the clear frontrunners to host the international leg of the flotation. alongside a Riyadh listing.
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