ARAMCO, a world leading energy and chemicals company, is backing an aid program to mitigate the effects of coronavirus on Basque society. The program, part of...
(Bloomberg) — Saudi Aramco reshuffled its senior management and created a division focused on “portfolio optimization,” as the world’s biggest oil producer adapts to low crude prices and...
(Bloomberg) — Saudi Aramco is slashing planned spending this year in the first sign that plunging demand and the oil-price war the kingdom unleashed are hitting home....
(Bloomberg) — January delivered a hefty slice of volatility for oil and global energy stocks as the spreading coronavirus shocked investors. But in Riyadh, shares in Saudi...
(Bloomberg) –Saudi Aramco is still considering listing shares abroad, the kingdom’s Finance Minister Mohammed Al-Jadaan said. “It’s still on the cards, we made that very clear,”...
(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) –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) –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...