News

Aramco sealed a $11B Jafurah deal with BlackRock consortium in major lease-leaseback agreement for gas processing facilities.
A BlackRock Inc.-led group signed an $11 billion lease deal involving Saudi Aramco natural gas facilities as the state ...
Slaughter and May is advising GIP and White & Case is acting for Saudi Aramco on an $11 billion leaseback of Jafurah gas ...
Saudi Arabia’s state oil giant reported worse-than-expected earnings, with quarterly profit falling for a 10th successive quarter, a protracted decline that threatens to slow the kingdom’s economic ...
Sudanese economist Mustafa Babiker, who has worked for the Saudi Aramco oil company for almost two decades, was named a ...
Aramco will receive upfront proceeds of $11bn on completion, highlighting the value creation potential of its ongoing capital ...
But even by their hyperbolic standards, with bankers desperately drumming up interest, the Saudi royal family went the extra ...
Since its $29.4 billion IPO in 2019, Aramco has delivered just 16% shareholder returns—far below Exxon, Shell, and Chevron.
South Korean artificial intelligence (AI) chip startup Rebellions Inc. said Tuesday it will establish a unit in Saudi Arabia ...
Aramco has increasingly tapped debt markets, with two issuances totalling $9 billion in the second half of 2024 and a three-part bond sale of $5 billion this year. The company's gearing ratio went up ...
Aramco unexpectedly pulled back its I.P.O. plans a year ago, at a time of low oil prices, and instead decided to pursue a stake in Sabic, a huge Saudi chemical producer controlled by the country ...
Saudi Aramco shares zoomed higher on Thursday, turning the massive state oil producer into the world's first $2 trillion company and achieving the valuation long sought by Crown Prince Mohammed ...