Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

• Sunday, 31st January 2021
• by Fatma Ahmed

Saudi Arabia Ruler, Prince Mohamed bin Salman, announce, that the state-owned Aramco Company will sell more shares as apart of its plan to reinforce the kingdom’s Sovereign Wealth Fund.

OQ to Divest BORL Shares

• Wednesday, 16th December 2020
• by Fatma Ahmed

OQ company is ongoing discussions with its partner Bharat Petroleum Corporation Limited (BPCL) on the potential of selling its shares in in Bharat Oman Refineries Limited (BORL).

AMOC Transfers Alexandria Wax Products’ 455 Shares to EGPC

• Thursday, 3rd October 2019
• by Editorial Team

Alexandria Mineral Oils Company (AMOC) transferred 455 shares from Alexandria Wax Products Company, one of its affiliates, to the Egyptian General Petroleum Corporation (EGPC).

Dana Gas Repurchases 368,250 Shares

• Monday, 8th July 2019
• by Editorial Team

Dana Gas has purchased 368,250 shares as part of the buy-back program.

Qalaa Holdings Looks to Increase Shares in ERC

• Wednesday, 5th September 2018
• by Sarah Samir

Qalaa Holdings is in negotiations to increase its shareholdings in the Egyptian Refining Company (ERC), according to the company's managing director.

Nipco Launches $16m Offer for Mobil Oil Shares

• Thursday, 22nd June 2017
• by

Nipco Plc has launched a $16m offer for the shares it needs to increase its stakes in Mobil Oil to 70% to comply with Nigerian takeover rules.

ADES Offers 40% Stake in London Stock Market

• Wednesday, 7th June 2017
• by Sarah Samir

ADES Group completed offering 40% of its shares on London Stock Exchange at a price of $16.50 per share.

Rosneft’s Market Capitalization Surpasses Gazprom

• Tuesday, 12th April 2016
• by Egypt Oil & Gas

The oil producer Rosneft became Russia’s most valuable company as its market capitalization of $51.7b in April exceeded that of natural-gas exporter Gazprom at the level of $51.5b for the first time since its shares ...

Tanzania Plans to Sell 49% of Power Utility Tanesco

• Tuesday, 5th January 2016
• by Egypt Oil & Gas

Tanzania's government plans to sell 49% of shares in the state-owned power utility company, Tanzania Electric Supply Company (Tanesco), to the public this year, while retaining a controlling stake.

ENOC in Bid to Buy Remaining Shares from Dragon Oil

• Wednesday, 18th March 2015
• by Egypt Oil & Gas

Dragon Oil has been made an undisclosed offer for its entire share capital by fellow Dubai-based Emirates Nation Oil Company (ENOC).