The oil giant’s shares reached prices on the Riyadh exchange that make it the world’s most valuable public company.
Author: STANLEY REED
Saudi Aramco Sets Its Market Value at Up to $1.7 Trillion
The world’s largest oil company is providing more data for potential investors in its initial public offering, which is expected next month.
Saudi Aramco Offers Some Details on Coming Stock Offering
Aramco, the world’s largest oil company, said it would set a final price for its shares on Dec. 5.
Is Aramco Worth $2 Trillion? And Other Crucial I.P.O. Questions
The valuation of the giant oil producer remains a critical question in the wake its decision to go public.
Earthquakes Are Jolting the Netherlands. Gas Drilling Is to Blame.
Tremors from extraction are blighting 350 square miles. Thousands of homeowners claim damage, and production will end in 2022.
Jolted by Quakes, Netherlands to End Drilling in a Pivotal Gas Field
Tremors from extraction are blighting 350 square miles. Thousands of homeowners claim damage, and production will end in 2022.
Job One for Saudis’ New Energy Chief: Picking Up the Pieces
Prince Abdulaziz bin Salman was named energy minister less than a week before an aerial attack crippled Saudi Arabia’s oil production.
Chance of No-Deal Brexit Hampers Bank of England’s Powers of Prediction
Britain’s central bank said economic growth had probably flattened, weighed down by global concerns and uncertainty over the coming departure from the European Union.
European Economy Slows, Raising Expectations of E.C.B. Action
The eurozone economies grew 0.2 percent last quarter, and inflation remains far below the European Central Bank’s target.
OPEC and Russia Seek to Support the Price of Oil
Oil ministers meeting this coming week are expected to continue an agreement to reduce production.