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DUBAI, June 8 — Saudi Arabia placed over half of an US$11.2 billion (RM52 billion) share sale in Aramco with foreign...

Saudi Aramco's mega stock offering will raise at least $11.2 billion for Riyadh.

The Kingdom of Saudi Arabia is poised to raise at least $11.2 billion from the ongoing secondary offering of shares in Saudi oil giant Aramco, Bloomberg reported on Friday, citing anonymous sources with knowledge of the matter. The Saudi…

Saudi Arabia is set to raise more than $11.2 billion from its secondary public share offering in oil giant Aramco.

The kingdom priced shares in its crown-jewel asset and the world’s most valuable oil company toward the lower end of the targeted range.

Oil company targets international investors as government raises funds after running $3.3bn budget deficit in first quarter

DUBAI, June 7 ― Saudi Arabia is poised to raise more than US$11.2 billion (RM52.6 billion) from its secondary offerin...

In a significant move, Saudi Aramco has announced an $11.2 billion stock sale, marking the largest global offering in three years. The proceeds will be channeled into Saudi Arabia’s ambitious economic overhaul.

NEW YORK, June 7 ― Saudi Arabia is set to raise more than US$11.2 billion (RM52.6 billion) after pricing its offering...

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…

Institutional investors can submit orders until Thursday for the deal, which was covered in just a few hours after it opened on Sunday.

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…