The China Petroleum and Chemical Corporation (Sinopec) announced on Thursday that its Sinopec Oilfield Service Company has signed an agreement worth about $1.1 billion to construct natural gas pipelines for Saudi Aramco, the state oil…
The $12-billion secondary share offering of Saudi oil giant Aramco has drawn strong demand from foreign investors, sources with knowledge of the matter told Bloomberg on Thursday. Saudi Aramco launched on Sunday a secondary public offering…
A subsidiary of China’s energy giant Sinopec has signed a $1.3-billion deal with Saudi Aramco to procure and build pipelines for an expansion of the Kingdom’s natural gas distribution network, the Chinese firm said on Thursday. Under the…
Last week, Saudi Arabia’s energy behemoth Aramco announced a secondary offering of shares that was estimated to bring in up to $13 billion. The offering represented 0.64% of the company’s total stock and was sold out within hours of the…
Saudi oil giant Saudi Aramco is reportedly in discussions with Tellurian Inc. (NYSE:TELL) and NextDecade Corporation (NASDAQ:NEXT) regarding two separate liquefied natural gas (LNG) projects.
ATHENS, Greece, June 05, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ:PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly…
Saudi Aramco is in discussions with U.S. LNG developers to buy a stake in one planned project and sign a long-term LNG offtake deal from another proposed export facility, Reuters reports, citing sources close to the talks. Aramco, the…
Last week, Saudi Arabia’s energy giant Saudi Aramco (ARMCO) confirmed in a filing with the Saudi Exchange plans to sell shares in the state-owned oil company to help the kingdom fund plans to diversify the economy. Well, the sale took…
Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help pay for a massive
The sale of 1.5 billion shares in Saudi Aramco, which launched on Sunday, has drawn demand that exceeded the supply of stock, Reuters has reported, noting demand overtook supply just hours after the sale began. The news of the secondary…
Saudi Aramco, the world’s most integrated oil company, has made its first foray into Pakistan’s retail fuel market by acquiring a 40 per cent stake in Gas & Oil Pakistan (GO).