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Category: Saudi Arabia

Category:
  • Saudi Arabia

U.S., Saudis Heighten Security Defenses After Attacks on Oil Industry

The U.S. military is deploying an additional 2,000 troops , two squadrons of jet fighters, three new antimissile systems and other equipment to Saudi Arabia in an effort to better Continue Reading

Posted On : 17 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

The World’s Largest IPO Is Finally Ready To Go

Saudi Arabia’s government is set to officially endorse this week plans to list shares in oil giant Aramco in what would be the world’s largest initial public offering (IPO) ever, Continue Reading

Posted On : 16 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

When Will Saudi Oil Production Return To Pre-Attack Levels?

Saudi Arabia will restore its oil production to levels slightly above the output just before the attacks on its oil facilities in mid-September, Saudi Energy Minister Prince Abdulaziz bin Salman Continue Reading

Posted On : 15 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia puts domestic stock exchange at center of Aramco IPO

Saudi Arabia is focused on a domestic stock market listing for its state oil company, Aramco, and no decisions have been made for any international share sale, the Saudi ambassador Continue Reading

Posted On : 15 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia
  • USA

US sending 3,000 extra troops to Saudi Arabia following Abqaiq attacks: defense secretary

The US will send an additional 3,000 troops to Saudi Arabia in response to the September 14 attack on Saudi oil facilities which disrupted roughly 5% of global crude oil Continue Reading

Posted On : 12 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia reports 660,000 b/d impact in Sep from oil attacks | S&P Global Platts

Saudi Arabia’s crude output fell just 660,000 b/d to an average 9.13 million b/d last month, according to official figures reported to OPEC, as the world’s largest crude exporter saw Continue Reading

Posted On : 11 Oct 2019 Published By : Tom Whipple
Category:
  • Iran
  • Saudi Arabia

Iran oil tanker hit by two missiles off Saudi coast: Iranian state media

 An Iranian-owned oil tanker was hit by two missiles in the Red Sea off Saudi Arabia’s coast on Friday, Iranian media and officials reported, stoking tension in a region that Continue Reading

Posted On : 11 Oct 2019 Published By : Tom Whipple
Category:
  • Iran
  • Saudi Arabia

Iranian Tanker Damaged in Possible Missile Attack Off Saudi Coast

The alleged missile strike couldn’t be independently verified. It wasn’t immediately clear if the holes in the ship’s hull were caused by missile strikes or mines, given the extent of Continue Reading

Posted On : 11 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Bankers Due to Deliver Crucial Aramco Valuation as Soon as Friday

The crown prince has indicated he wants the IPO to value Saudi Arabian Oil, or Aramco, at $2 trillion. But that target has already met some resistance from company executives Continue Reading

Posted On : 11 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco Set To Approve World’s Largest IPO Next Week

The board of directors of Saudi Aramco could give the final approval to what would be the world’s largest initial public offering (IPO) ever as soon as next week, Bloomberg Continue Reading

Posted On : 11 Oct 2019 Published By : Tom Whipple

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