November 12, 2018

Aramco CEO: Expect IPO In 2021

Saudi Aramco’s initial public offering (IPO) will take place, but probably in 2021, depending on market conditions and only after the acquisition of a majority stake […]
October 19, 2018

Saudi Aramco Pulls The Trigger On $25 Billion Megaproject

Saudi Aramco signed on Thursday an agreement to invest in a 400,000-bpd refinery and associated petrochemical plants in eastern China as part of Saudi Arabia’s push […]
October 2, 2018

The $50 Billion Deal That Could Revive The Aramco IPO

The Aramco IPO saga continues, with the Saudi oil giant soon to enter the international financial markets for a $50 billion loan. International sources are reporting […]
October 2, 2018

Saudi Aramco May Borrow $50B To Fund Sabic Acquisition

After having shelved indefinitely plans to go public, Saudi Aramco is looking to buy a majority stake in Saudi chemicals giant Sabic from the government’s sovereign […]
September 28, 2018

Saudi Aramco Set To Boost Oil Capacity By 550,000 Bpd In Q4

Saudi Arabia’s oil giant Saudi Aramco is expected to pick up an additional 550,000 bpd of oil production capacity from two giant oil fields in the […]
September 19, 2018

Aramco To Spend $133B On Drilling Over The Next Decade

Saudi Arabia’s state oil firm Saudi Aramco plans to spend more than US$133.3 billion (500 billion Saudi riyals) on oil and gas drilling over the next […]
September 4, 2018

Saudi Aramco Signs Deal With Baker Hughes To Boost Offshore Oil Production

Saudi Aramco awarded on Tuesday to Baker Hughes the first integrated services contract for capacity expansion of its large offshore Marjan oilfield, the Saudi firm’s biggest […]
September 4, 2018

Houthis Claim Successful Attack On Aramco Oil Facility

Yemen’s Houthi rebels have claimed a successful attack on an unidentified oil facility of Saudi Aramco in Jizan, according to a report in Iranian state news […]
August 28, 2018

Saudi King Stepped In To Call Off Aramco IPO

Saudi Arabia’s King Salman has demanded that the initial public offering of Saudi Aramco be called off, stepping in to shelve the plans of his heir […]