Tag: Aramco
Selling Aramco: The Wall Street A-Listers on the Oil Giant’s IPO
(Bloomberg) --Saudi Aramco has enlisted the help of a former Donald Trump national security adviser and an ex-House of Representatives majority leader to pull...
Aramco Showcases Major Recovery Post Oil-Attack Within A Month
(Bloomberg) -- Saudi Aramco showed it has made significant progress in restoring damaged oil infrastructure to normal operation just a month after a devastating...
World’s Biggest IPO Tests Saudis’ Faith in Their Crown Prince
(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company...
Saudi Arabia will be at 11mn bpd oil capacity by end of Sept: Energy...
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman on Tuesday said that the Kingdom would restore its lost oil production by the end of...
Aramco Chairman Says Attacks Won’t Derail IPO Preparations
(Bloomberg) -- Saudi Aramco’s chairman said the drone strike on the kingdom’s main crude-processing plant won’t slow preparations for an initial public offering of...
Top Bankers Descend on Dubai Ritz as Aramco IPO Work Starts
(Bloomberg) -- Dozens of bankers from Citigroup to JPMorgan Chase descended on the heart of Dubai’s financial district on Thursday to start work on...
Chinese State Banks to Compete for Role on Aramco’s IPO
(Bloomberg) -- Some of China’s biggest state-owned banks have been invited to pitch for the Saudi Aramco initial public offering, people with knowledge of...
Saudi Aramco Springs No Surprises at Gentle First Results Call
(Bloomberg) -- Saudi Aramco’s senior executives can breathe a collective sigh of relief after the company’s first-ever earnings call with investors. The half-hour event was...
Aramco to Finish Pipeline Expansion, Reducing Reliance on Hormuz
(Bloomberg) -- Saudi Aramco expects to complete the expansion of an oil pipeline that runs east-west across the country by September, according to a person...
Reliance, Aramco Talks on Refinery Stake Sale Said to Stall
(Bloomberg) -- Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co., Aramco...
