The companies are currently negotiating a binding purchase and sale agreement as well as a definitive equity participation agreement on substantially equivalent terms
Aramco and Sempra announced that they have executed a non-binding Heads of Agreement for a 20-year sale and purchase agreement for LNG offtake of 5.0 Mtpa from the Port Arthur LNG Phase 2 expansion project.
Saudi Arabia’s oil giant Aramco has signed a non-binding agreement to buy LNG from Sempra’s Port Arthur LNG project and potentially acquire 25% in the project’s Phase 2, the U.S. and Saudi firms said on Wednesday. Under the non-binding…
DHAHRAN, Saudi Arabia, June 26, 2024 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, and Sempra (NYSE:SRE) (BMV:SRE), one of North America's leading energy infrastructure companies, today…
In a significant development, the chairman of Saudi Aramco Yasir Othman H Al-Rumayyan has been reappointed as an independent director on the board of Reliance Industries Limited for a further five years. Reliance Industries Limited (RIL)…
Get latest articles and stories on Latest News at LatestLY. Reliance Industries' shareholders have approved the reappointment of Saudi Aramco Chairman Yasir Othman H Al-Rumayyan as an independent director on the company's board for five…
Under the terms of the HoA, Aramco expects to purchase 1.2 million tonnes per annum (MTPA) of LNG for 20 years on a free on board basis, at a price indexed to Henry Hub.
Under the terms of the HoA, Aramco expects to purchase 1.2 million metric tons per annum (mtpa) of LNG for 20 years on a free on board basis, at a price indexed to Henry Hub.
NextDecade Corporation (NASDAQ:NEXT) shares are trading higher today. The company and Saudi Oil giant Aramco disclosed that their subsidiaries have signed a non-binding Heads of Agreement (HoA) for LNG project.
Saudi Aramco expects to buy liquefied natural gas from NextDecade Corporation’s planned train 4 at the Rio Grande LNG export facility in Texas under a 20-year agreement, the companies said on Thursday. The Saudi state oil giant and the U.S…
Saudi Arabia’s oil giant Aramco looks caught between a rock and a hard place. It seeks to win over new investors, especially foreign ones, while at the same time – as the world’s top crude oil exporter and the biggest OPEC producer – not…
Many more questions than answers have been raised by last week’s sale of an additional US$11.2 billion of shares in Saudi Arabia’s flagship company Aramco. Much has been made by Aramco sources that the issuance attracted many more…
Stake, a Dubai-based digital platform for real estate investment, has successfully raised $14 million in its Series A funding round. The investment was led by Saudi Aramco's venture capital arm and Abu Dhabi's sovereign wealth fund,…
RIYADH: Oil giant Saudi Aramco said on Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion.