Saudi Aramco has chosen Citigroup Inc. to help arrange a potential multibillion-dollar stake sale in its oil export and storage terminals business, according to people familiar with the matter.
FILE - Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. Saudi Arabia's state-run oil giant Aramcobrought in $30 billion in ...
The companies will explore capital investments to upgrade and diversify production, including high-quality distillates that ...
The move follows a competitive process involving several major investment banks, with Citigroup emerging as the preferred ...
FILE - Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. Saudi oil giant Aramco reported Sunday, March 10, 2024 a $121 billion ...
DHAHRAN, Saudi Arabia – ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a ...
DUBAI, United Arab Emirates -- Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns ...
The partners will evaluate potential capital investments to expand and diversify the Samref refinery’s existing production ...
Saudi Aramco plans to start exporting the first condensate produced from the Jafurah gas plant in February, two sources with knowledge of the matter said on Tuesday. The $100 billion Jafurah project, ...
Saudi Aramco has launched a new multi-tranche bond sale amid weaker Q1 profits. The bond issuance and possible asset sales come as Aramco faces lower margins due to soft oil prices and OPEC+ strategy ...
Saudi Aramco will begin exporting condensate from its Jafurah gas plant in February. The company plans to offer four to six ...
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