Saudi Aramco to venture into non-Saudi crude oil trading: sources
(Reuters - 28/09/2017)
Saudi Aramco's trading arm will start trading non-Saudi crude oil to mainly feed its international joint ventures as the world's largest oil exporter seeks to optimize profits, industry sources familiar with the move said. The expansion into crude comes
Saudi Aramco to finish first shale gas project soon
(Times of Oman - 28/09/2017)
State oil giant Saudi Aramco is expected to finish building facilities soon in the north of the kingdom that will allow it to produce shale gas for the first time, industry sources said. The project, known as System A, involves gas processing facilities,
Saudi Aramco in Talks With Russia's Sibur on Joint Plant
(Bloomberg - 27/09/2017)
Saudi Arabian Oil Co., the world's biggest oil exporter, is in talks with Sibur Holding PJSC, Russia's largest petrochemical producer, about forming a joint venture to make synthetic rubber in the desert kingdom, according to two people with knowledge of
FCA Defends Listing Plans Ahead of Aramco IPO
(Reuters - 26/09/2017)
Britain's financial watchdog on Monday defended plans to relax rules on listing state companies which corporate governance groups say could leave investors with less protection. The FCA in July proposed a new listing category for companies controlled by
Abu Dhabi targets IPO frenzy ahead of Saudi Aramco
(Arab News - 21/09/2017)
Abu Dhabi is hoping to fast-track at least $5 billion of stock market listings by state-backed companies next year before Saudi Aramco's planned $100 billion IPO dominates investor demand. Like neighboring Saudi Arabia, Abu Dhabi is restructuring its
Aramco plans to buy non-Saudi crude in global trading expansion
(Gulfnews - 20/09/2017)
Saudi Aramco plans to expand its trading business by buying and selling non-Saudi crude as the world's biggest exporter prepares for what could be a record initial public offering. The state-owned company is putting crude marketing and refined-product
Aramco Plans to Buy Non-Saudi Crude in Global Trading Expansion
(Bloomberg - 19/09/2017)
Saudi Aramco plans to expand its trading business by buying and selling non-Saudi crude as the world's biggest exporter prepares for what could be a record initial public offering. The state-owned company is putting crude marketing and refined-product
Saudi Aramco on track with IPO next year
(The National - 16/09/2017)
Saudi Arabian Oil Company, known as Saudi Aramco, Opec's largest producer of oil intends to carry forward with plans for an initial public offering (IPO) set for 2018, the company said. The IPO "remains on track" the company said in an e-mailed statement
Stock markets vie to host Saudi's Aramco IPO
(Reuters - 14/09/2017)
Saudi Arabia's state-owned oil company, Aramco, is set to stage what could be the largest initial public offering in history next year and stock exchanges around the world are competing for the chance to list its shares. A Reuters graphic shows the
Aramco said Thursday that its planned IPO is still set to go ahead
(Reuters - 14/09/2017)
Saudi Aramco's planned initial public offering remains on track, the company said on Thursday, after Bloomberg reported that the oil company is preparing contingency plans for a possible delay by a few months into 2019. Saudi authorities are aiming to
Aramco licenses tech for creating no-water automated dusting tool
(Saudi Gazette - 13/09/2017)
Saudi Aramco, a fully-integrated, global energy and chemicals enterprise and a world leader in exploration and production, refining and distribution, and the world's top exporter of crude oil and natural gas liquids, has entered into a technology
Saudi Arabia says Aramco IPO on track as it redrafts reform plan
(Gulfnews - 10/09/2017)
Plans to sell a stake in Saudi Arabian Oil Co. are "well underway," the government said on Saturday, as the kingdom redrafts one of its key economic blueprints to eliminate overlap with other reform programmes. The government's privatisation programme
HK bourse eyes Aramco IPO
(Saudi Gazette - 06/09/2017)
Hong Kong Exchanges & Clearing is still in talks with Saudi Aramco, with the bourse's planned IPO investment link with China key to clinching the potential listing, Chief Executive Charles Li said. In February, Li said the stock exchange would bank on
Saudi Aramco uses new technology to re-explore vast Empty Quarter
(Arab News - 01/09/2017)
Oil giant Saudi Aramco is using new technology to re-explore areas of the vast Arabian desert known as the Empty Quarter, which could help to bolster its proven reserves of oil and gas before the company offers its shares to the public. A team of about
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