By Owen Comstock This article was published by the US Energy Information Administration on Sept. 25, 2019. As of Monday, September 23, 2019, the US average retail gasoline price increased by more than 10 cents [Read more]
According to a report by Reuters, King Salman of Saudi Arabia has pulled the plug on the proposed Saudi Aramco IPO after a number of roadblocks proved too much for the ambitious plan. Reuters photo [Read more]
Reuters reports that the proposed Saudi Aramco IPO has been put on hold and financial advisors working on the listing have been disbanded. Saudi Arabia’s Energy Minister denies the claim, saying the kingdom remains committed [Read more]
The kingdom of Saudi Arabia is working to boost oil prices to around $80/barrel to pay for the government’s policy agenda and boost interest in the Saudi Aramco IPO. Saudi Aramco IPO likely in 2019 [Read more]
Saudi Aramco’s CEO Amin Nasser told an audience at CERAWeek in Houston on Tuesday that to keep pace with expected growth in demand and make up for declining fields, the gas and oil industry needs [Read more]
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