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The potential sales coincide with Crown Prince Mohammed bin Salman's efforts to diversify the Saudi economy from oil.
Aramco plans to sell gas-fired power plants. This move aims to boost funds for Saudi Arabia. The sale could generate billions ...
In a strategic shift, Saudi Aramco is mulling the sale of up to five gas-fired power plants, with the potential to generate ...
Saudi oil giant Aramco (ARMCO) is reportedly considering selling up to five gas-fired power plants, as part of a broader ...
Saudi Arabia's Aramco has been synonymous with oil, but its next generation extends far beyond petrochemicals. The company is ...
On a quiet trading day, oil prices moved slightly lower due to expectations of another output hike from OPEC+ when the group meets on Saturday.
Arabian Gulf Business Insight on MSN10h
Aramco considers power assets sale to raise billions
Saudi Aramco is considering selling up to five gas-fired power plants, sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions ...
Despite escalating regional tensions and military actions, Gulf National Oil Companies (NOCs) are maintaining their long-term ...
Arabian Gulf Business Insight on MSN13h
Blackrock in talks to resell gas pipeline stake to Aramco
US investor Blackrock is planning to resell its stake in Saudi Aramco’s natural gas pipeline network to the oil giant. The companies are in talks to close a potential deal, Bloomberg reported quoting ...
Most Gulf stock markets closed higher on Sunday, rebounding to levels last seen before the recent Iran-Israel conflict, as a ...