China’s Baosteel, Saudi Aramco and PIF set up JV to build steel plant in Saudi Aramco

[ad_1] BEIJING : China’s biggest listed steelmaker, Baoshan Iron and Steel Co, said on Monday it has signed agreements with Saudi Aramco and Public Investment Fund (PIF) to build a…

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund

[ad_1] The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. [ad_2] Source link

Saudi Prince Gives 4% Aramco Stake to Public Investment Firm

[ad_1] DUBAI, United Arab Emirates (AP) — Saudi Arabia’s crown prince announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the…

Saudi’s Aramco could list in Hong Kong as China relations warm

[ad_1] News broke this week that Saudi Arabia’s state oil company, Aramco, is further strengthening its relationship with the Chinese market. Aramco’s latest deal is a 10% acquisition of oil…

Saudi Arabia’s Aramco expands presence in China by acquiring 10% stake in Rongsheng – Ghana Business News

[ad_1] Saudi Arabia’s state-owned energy company, Aramco is expanding its presence in China. According to a press release copied to Ghana Business News, Aramco has signed definitive agreements to acquire…

FDI round-up: Octopus doubles down on France, Aramco warns of oil underinvestment, EU–US talk critical minerals

[ad_1] Britain’s Octopus Energy is investing €1bn in French renewables over the next two years and will establish a European tech hub in Paris. In a statement announcing the news…

Saudi Aramco Posts Record $161 Billion Profit for 2022

[ad_1] Saudi Arabia’s national oil company reported the largest profit by an energy firm, continuing a dramatic turnaround for the industry after the Ukraine war lifted crude prices and upended…

Aramco: Saudi state-owned oil giant sees record profit of $161bn

[ad_1] After a year when petrol prices soared, the Saudi firm announces a best-ever set of figures. [ad_2] Source link

Oil Giant Saudi Aramco Has Profits of $161B in 2022

[ad_1] DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco reported Sunday its profits surged to $161 billion last year off higher crude prices, a record result for an…

Hong Kong Vies for Blockbuster Aramco Listing as Saudi Ties Deepen

[ad_1] If Aramco chooses to list in Hong Kong, the deal would be a boon for the city, which has been courting multinational companies to sell shares on the local…