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Category: Saudi Arabia

Category:
  • Saudi Arabia

Saudi energy minister says flexible, options open on OPEC pact

 Saudi Energy Minister Khaled al-Falih said on Tuesday that there was flexibility and options were open on an OPEC-led supply cut agreement.  Mohammed Falih, who holds the rotating presidency of Continue Reading

Posted On : 24 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco CEO says considering New York, London, Tokyo, Hong Kong for listing

Saudi Aramco’s chief executive said on Tuesday that domestic and international exchanges such as New York, London, Tokyo, and Hong Kong have been looked at for a partial listing of Continue Reading

Posted On : 24 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia Overview

Previous years Saudi Arabia has 16% of the world’s proved oil reserves, is the largest exporter of total petroleum liquids in the world, and maintains the world’s largest crude oil Continue Reading

Posted On : 21 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Conflicting News Spurs Doubt On Aramco IPO

Aramco has asked FTI Consulting to suspend investor relations work on its upcoming initial public offering, according to unnamed sources who spoke to Reuters. The sources did not elaborate on Continue Reading

Posted On : 19 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Oil Minister Downplays Prospect of Aramco Abandoning IPO

Khalid A. Al-Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources and chairman of Saudi Arabian Oil Co. Doubts about the IPO of Saudi Arabian Oil Co., better known Continue Reading

Posted On : 18 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco Says No Plans To Shelve IPO

Following an FT report from Friday, Saudi Aramco tweeted on Saturday that it had no intention of shelving its plan for an initial public offering in 2018. The company called Continue Reading

Posted On : 17 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco asks FTI Consulting to halt IPO investor relations work: sources

State-owned Saudi Aramco has asked FTI Consulting ( FCN.N ) to suspend its investor relations advisory work related to the oil company’s planned initial public offering, people familiar with the Continue Reading

Posted On : 17 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Is The Aramco IPO On The Brink Of Collapse?

In what could be a humiliating decision, Saudi Aramco is considering not staging an IPO next year as planned, due to the difficulty of pulling off an international listing. On Continue Reading

Posted On : 17 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia Weighs Giving Up on International Listing for Aramco

Saudi Aramco, Saudi Arabia’s state-owned oil company. DUBAI—Officials at Saudi Arabia’s state-owned oil company are considering giving up on their plan to list shares in New York, London or any Continue Reading

Posted On : 14 Oct 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco considers shelving international IPO

Saudi Aramco is considering shelving plans for an international listing in favour of a private share sale to the world’s biggest sovereign wealth funds and institutional investors. Talks about a Continue Reading

Posted On : 14 Oct 2017 Published By : Tom Whipple

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