Tag Archives: Saudi Aramco

The N.Y.S.E. has competed fiercely against foreign rivals. particularly the London Stock Exchange. for the privilege.

The country hopes to double the number of tourists by 2020 from the 8 million expected this year.

A more significant development was Russia agreeing to some yuan-based oil trade in 2015. also the result of U.S. sanctions.

Austerity helped push the economy into recession in the second quarter of 2017.

Aramco’s petrochemicals output is about 30 million tonnes a year from plants it owns and joint ventures in Saudi Arabia and abroad.

Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.

Each of the U.S. producers acting individually can only impact a fraction of a percentage of the world oil market.

Both the local and global firms are keen to form consortiums for the coveted project.

ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.

The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.