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ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
Human Factor `Key in Industrial Safety`
Saudi Aramco participated as a strategic partner in the event.
Read More »Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
Saudi Aramco has been building refineries integrated with chemicals to boost their economics by adding high value products to the supply chain.
Read More »Russia and OPEC on Collision Course over Oil Supply Pact
OPEC and Russia are likely to apply a supply curb deal beyond its March 2018 expiry.
Read More »Saudi Aramco Shuts Jeddah Refinery Indefinitely
One source said the facility would be mothballed.
Read More »Spending Discipline. Higher Oil Revenues to Narrow Saudi Fiscal Deficit
Short term improvement in oil prices may slowdown fiscal reforms.
Read More »Abu Dhabi’s Adipec Draws Record Crowds as Oil Market Sentiment Improves
At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
Read More »Saudi Aramco’s IPO Just Lost World’s Largest Equity Investor
The company has hired JPMorgan Chase &. Co.. Morgan Stanley. HSBC Holdings Plc. Moelis &. Co. and Evercore Inc. to advise on the IPO.
Read More »Saudi Aramco to Invest $300 Billion in Upstream Projects
Last week. Aramco signed US$4.5 billion worth of total contracts with international companies to boost its gas production and processing capacity.
Read More »Saudi Aramco to Spend $300bn on Energy Projects
The Saudi government plans to list five per cent of Aramco’s shares in 2018.
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