Large oil companies have set their first targets for reducing emissions
The world’s largest oil companies, including Saudi Aramco, CNPC and Exxon Mobil, have set targets for the first time to…
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Saudi Aramco
Oil prices jump as Saudi energy minister reports drone ”terrorism” against pipeline infrastructure
Oil prices rose sharply Tuesday morning on reports of a drone attack at oil pumping stations in Saudi Arabia. The…
Energy companies invest too little in cybersecurity
Amid rising threats, including a recent attack on several U.S. power and natural gas suppliers, energy companies are now spending…
Saudi sale of the century lures foreign investment banks, PE firms
One of the world’s largest privatization programs is drawing foreign investment banks and private equity (PE) firms to Saudi Arabia,…
Saudi Aramco IPO could be worth 100 bln. USD
Saudi Aramco has asked JP Morgan Chase and Morgan Stanley to assist with its upcoming mammoth IPO and could call on another bank…
Oil majors join forces in climate push with renewable energy fund
Top oil companies including Saudi Aramco and Shell are joining forces to create an investment fund to develop technologies to…