Tag: Saudi Aramco
Saudi Oil Output Cut in Half After Drones Strike Aramco Site
(Bloomberg) -- Saudi Arabia’s oil production was cut by half after a swarm of explosive drones struck at the heart of the kingdom’s oil...
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...
Saudi Aramco might list 1% on the Riyadh stock exchange by end of 2019
Saudi Aramco might soon be on the Riyadh stock exchange (Tadawul) with Saudi Arabia planning to list 1% of the state oil giant before...
Saudi Aramco mulling two-stage IPO, might choose Tokyo for phase two
The state-owned Saudi Aramco might be considering a two-stage initial public offering (IPO) with a domestic debut and a subsequent international listing possibly in...
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 asks banks to bid in what could be world’s largest IPO
In what could be the world’s biggest IPO, Saudi Aramco has formally asked major banks to bid for potential roles in its planned initial...
Saudi Oil Fields Are in the Firing Line
(Bloomberg) -- Saudi Arabia’s oil fields, responsible for almost a 10th of global crude production, are in the firing line. Recently, they’ve been targeted...
Saudi Aramco Cuts All Oil Pricing for September Sales to Asia
(Bloomberg) -- Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in...
Aramco IPO Bankers Question Whether Deal Is Worth the Effort
(Bloomberg) -- When Saudi Arabia announced plans to sell shares in its crown jewel Aramco, international bankers scrambled to get a piece of the...
Aramco to Peel Back Financial Veil With August Earnings Call
(Bloomberg) -- Now that Saudi Aramco has revealed itself as the world’s most profitable company, it’s preparing to host its first earnings call in...