Aramco

Oil and gas will be around , ‘for quite some time’

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Oil and gas will be around , ‘for quite some time’

The OPEC+ group of oil producers has extended its production cuts totaling 3.66 mln bpd until 2025, maintaining a controlled supply while taking advantage of the current price of the benchmark Brent crude at over $85/barrel. OPEC forecasts that cumulative oil-related investment requirements from now until 2045 will amount to about $14 trln, or around … Read more

Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

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Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

Saudi Arabia’s government filed papers to sell a new stake in state oil giant Aramco that could raise as much as .1 billion.

Saudi Arabia plans Aramco share sale as soon as June, according to sources

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Saudi Arabia plans Aramco share sale as soon as June, according to sources

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June, with the offering expected to raise around billion.