Saudi Arabia’s sovereign wealth fund could receive $106b in cash from the sale to the public of a 5% stake in oil giant Aramco’s parent company, according to the Sovereign Wealth Fund Institute.
The world’s biggest oil exporter, Saudi Aramco, will not cancel any oil, gas or refining projects, company’s CEO Amin Nasser told press. In addition, Aramco is studying a possible expansion of the country’s largest o ...
Kuwait's Emir, Sheikh Sabah al-Ahmed al-Sabah, announced that stalled operations and exports from oil fields run jointly with Saudi Arabia would resume soon.
Saudi Arabia’s oil production levels will be far more significant to the global economy than Aramco's plans for the initial public offerings (IPOs) selling shares in its upstream and downstream facilities, according ...
Saudi Aramco's publicized plans to sell its shares on the open market are expected to target the downstream sector exclusively, according to initial announcements.
Egypt has awarded petroleum tenders to a number of companies to supply Egypt with oil products in the month of January, until a five year deal with Saudi Arabia is concluded as expected in early 2016, according to Pe ...
Saudi Arabia's Sadara Chemical Company has successfully started up its first linear low density polyethylene (LLDPE) production plant at its Jubail complex.