Saudi Aramco

Opinion

A Saudi-Iran oil war could break up OPEC

24/08/2018

When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a brewing price war between Saudi Arabia and Iran.

Oil & Gas

Saudis play down Aramco float cancellation

23/08/2018

Saudi Arabia has insisted it "remains committed" to a two trillion US dollar (£1.5 trillion) stock market listing of oil giant Saudi Aramco, despite reports suggesting it has been abandoned.

Oil & Gas

Aramco IPO preparations stall, report says

09/07/2018

Saudi Aramco and the country aren’t ready for an IPO that could raise $100 billion but also bring unprecedented scrutiny to the company, the Wall St. Journal reported, citing Saudi officials and people close to the process.

Middle East

Aramco, Total eye Saudi fuel station swoop

25/04/2018

Saudi Arabian Oil Co. and Total SA are weighing jointly buying businesses such as Tas’helat Marketing Co. to gain access to networks of retail fuel stations in the Gulf kingdom, according to people with knowledge of the matter.

Oil & Gas

Aramco leads raft of Saudi-UK deals in prince visit

09/03/2018

Saudi Arabia’s national oil company signed a batch of deals with U.K. companies including Royal Dutch Shell Plc as Crown Prince Mohammed bin Salman visits the nation in an effort to demonstrate the kingdom is open for business.

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