(Bloomberg) –Saudi Basic Industries Corp. and Saudi Aramco expect to announce in the second quarter whether they’ll proceed with plans to build a facility to process...
(Bloomberg) –A month after the world’s largest initial public offering, Saudi Aramco’s investment banks aren’t exactly bullish, with most recommending investors avoid the stock as they...
(Bloomberg) —Saudi Arabia’s Energy Minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels, undeterred by...
(Bloomberg) –Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a...
(Bloomberg) –The world’s biggest initial public offering turned out even bigger than initially thought. The final amount raised by Saudi Aramco’s sale totaled $29.4 billion as...
(Bloomberg) –Oil headed for its largest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of...
(Bloomberg) –Saudi Aramco Energy Ventures, a unit of the kingdom’s energy company, is preparing to start a new fund this year after completing $500 million in...
(Bloomberg) –Gulf Arab energy companies took on marginally more total debt in 2019 compared with the previous year, but the increase was skewed by a surge...
In line with the Sultanate’s drive to support clean energy, Oman Oil Marketing Company (OOMCO) rolled out the first green service station in the Sultanate. The...
(Bloomberg) –Oil prices jumped back above $70 a barrel after Iran attacked two U.S.-Iraqi bases in its first response to the killing of its top general,...
