Brookfield, BlackRock no longer in race for over $10 billion Aramco pipeline stake – sources
DUBAI (Reuters) – U.S. asset manager BlackRock and Canada’s Brookfield Asset Management Inc are no longer in the race to buy a stake [...]
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Saudi Aramco's debt-to-equity ratio more than doubles in 2020
DUBAI (Reuters) – Saudi oil giant Aramco’s debt-to-equity ratio more than doubled to 55% in 2020 from a year before, it said in [...]
Aramco seeks one-year extension on $10 billion loan: sources
DUBAI (Reuters) – Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last May, two sources [...]
Saudi Aramco establishes corporate development organisation
DUBAI (Reuters) – Saudi Aramco (2222.SE) said on Sunday it established a corporate development organisation to optimise the company’s portfolio. “Corporate Development is [...]
Saudi Aramco's profit plunges, sees signs of oil market recovery
DUBAI (Reuters) – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy [...]