Saudi’s CMA Approves Launching Aramco’s IPO
The Capital Market Authority (CMA) of Saudi Arabia permitted Saudi Aramco to launch its initial public offering (IPO) on November 3, creating the most valuable listed firm worldwide.
Saudi Aramco | Egypt Oil & Gas - Part 7
Saudi Aramco Signs Deals Worth More than $2 B
Saudi Aramco has signed several agreements at the Future Investment Initiative conference in Riyadh.
Aramco Sets a Timeline for Its IPO
Saudi Aramco is set to launch its initial public offering (IPO) on November 3.
Aramco, Indonesia’s Pertamina Discuss Refinery Cooperation
The two sides have been struggling to settle on a valuation for the project since last December. According to Thohir, the financial adviser they have hired is not yet ready to produce a valuation.
SABIC’s Strategy Remains Stable
Saudi Basic Industries Corp (SABIC) expects its strategy to remain on its growth track in light of the company's acquisition by Saudi Aramco.
Ras Tanura Refinery Puts in Place Its Largest Equipment
Ras Tanura Refinery Clean Fuels Project has put in place its largest and heaviest naphtha splitter column, weighing 544 tons.
Saudi Aramco Reduces Local Gasoline Prices for Q4
Saudi Aramco announced that it started reducing gasoline prices on October 20.
Saudi Arabia’s Oil Production Drops by 660,000 b/d in September After Attacks
Saudi Arabia’s oil production dropped by 660,000 barrels per day (b/d) in September, compared to August, reaching around 9.13 million b/d after an attack on its energy installation.
Attacks on Aramco Not to Affect IPO Plans
The attacks on Saudi Aramco’s installations will have no effect on its listing plans in the stock market, according to Amin Nasser, Aramco’s CEO.
Aramco Purchases Naphtha from Indian Oil Corporation
Aramco Trading Company (ATC), an affiliate of Saudi Aramco, purchased 70,000 tonnes of naphtha from Indian Oil Corporation on October 4, 2019 at unprecedented premiums since 2013.
