Shell (NYSE:SHEL) service stations in South Africa are drawing acquisition interest from Saudi Aramco (ARMCO), Abu Dhabi National Oil Company, Sasol (SSL) and commodity trader Trafigura, among other ...
Saudi Aramco's recent $11.2 billion share sale raises questions about its competitiveness and ability to support Saudi Arabia’s financial system and Vision 2030 development plan. The company’s high ...
Saudi Aramco has long been the world’s biggest oil company, but this year it gained the distinction of having the worst-performing shares among its peers. While Western oil majors saw a rebound in ...
Arabian Gulf Business Insight on MSN
Saudi companies hit as Aramco increases diesel price
Saudi Aramco has increased diesel prices by 8 percent from January 1, with several Saudi-listed companies, particularly cement producers, announcing higher production costs. The new diesel price ...
Aramco plans to sell power assets to raise cash, sources say Riyadh presses Aramco to boost profits, sources say Aramco could raise $4 billion from power plants sale, sources say Other asset sales may ...
The presence of business leaders at a White House event for Crown Prince Mohammed bin Salman underscores a deepening of U.S. and Saudi ties. By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, ...
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