Tag: Aramco
Saudi Arabia gives $80B of Aramco stocks to sovereign Public Investment Fund
Saudi Crown Prince Mohammed bin Salman, the assertive son of King Salman, made the decision to transfer the stock, the…
Saudi Aramco buys petrochem giant SABIC for $69.1b
Saudi Aramco has acquired 70 per cent shares of Saudi Basic Industries Corp (SABIC) for $69.1 billion. The acquisition was…
Saudi Aramco rolls out IPO next week
Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct…
Saudi’s oil facilities on fire after drone attacks
Saudi Arabia's two major oil facilities are on fire after drone strikes on Saturday.
Global refinery shifts to Middle East- Asia
JUBAIL, Saudi Arabia (AFP) – As high oil prices and improved efficiency force refineries in the US and Europe towards…