We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • Saudi Aramco IPO
    The Aramco IPO: A Geopolitical Game Of Thrones

    Saudi Arabia has, in recent years, shown a willingness to form more in-depth relationships with its main Asian customers, China, India and Japan.

  • Saudi Aramco/SABIC
    Saudi Aramco, SABIC launch bidding at key chemical project

    Saudi Aramco and Saudi Basic Industries Corp (SABIC) have launched bidding for engineering work on their joint crude oil to chemicals project, industry sources said, a key step towards developing the $20-billion-plus complex.

  • Saudi Aramco
    Saudi Aramco to sign China’s Yunnan refinery deal in 6 months

    "Yunnan (talks) have reached advanced stages ... We aim to finalise Yunnan within six months," Falih, who is also the chairman of Aramco, said. Aramco will own a "big stake" in the 260,000-bpd Anning plant in Yunnan province, he added. Aramco is looking to invest $1 B–$1.5 B in the refinery as well as the retail assets of PetroChina, sources told Reuters in 2015.

  • Vision 2030
    Analysis: The Fate Of Vision 2030 Rests On Saudi Aramco IPO

    MBS’ Vision 2030 plans depend on an extra couple hundred billion dollars from the Saudi Aramco initial public offering (IPO) in 2018. The IPO, the largest of its kind in financial history, would make just a five percent portion of the oil giant accessible to private investors. Still, the volume of the company’s assets guarantee MBS the capital he needs to retrain the Saudi work force, develop a services sector and tone down the influence of the fossil fuel interests.

  • Saudi Aramco IPO
    Will China buy Saudi Aramco?

    The planned sale of a 5 per cent stake in the Saudi state oil company Aramco is still in limbo. There is no clarity on where it will be listed, on its value or, most important, on how the rights of minority shareholders can be protected in an entity that will be 95 per cent owned by the Saudi government.

  • Natural Gas
    Saudi Aramco gets bids to expand Hawiyah gas plant

    Saudi Aramco has received bids from international engineering firms to expand the Hawiyah gas plant, industry sources said on Wednesday as the state oil giant continues spending to expand its core business.

  • Saudi Aramco IPO
    Saudi Aramco’s value at risk from climate change policies

    The valuation of Saudi Aramco, which is planning its initial public offering for next year, could be greatly cut by policies to address the threat of global warming, an environmental campaign group has warned.

  • Saudi Aramco IPO
    Exclusive: Saudi Arabia favours New York for Aramco listing despite risks – sources

    Prince Mohammad may choose to list Aramco on the New York Stock Exchange (NYSE) for "political considerations", given the longstanding relationship between Riyadh and Washington, the sources said. However, they added that financial and commercial factors would also play a role in the choice.

  • Saudi Aramco
    Saudi Aramco In Talks To Buy $2B Stake In PetroChina Refinery

    Saudi Aramco is negotiating a deal to buy a stake of more than 30 percent in a 260,000-bpd refinery in China owned by state firm PetroChina, in a transaction valued at up to US$2 billion

  • Energy Subsidies
    Saudi Aramco IPO pits foreign investors against Saudi citizens

    For would-be subscribers to Saudi Arabia's forthcoming IPO, the national oil company’s huge subsidy burden is emerging as a major bone of contention.