Saudi Aramco CEO says IPO will ‘certainly’ happen

ABU DHABI (Reuters) - Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will "certainly" happen when the conditions are right. Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp. (Sabic) from the kingdom's

Saudi Aramco CEO to discuss buying Arctic LNG-2 stake with Novatek – RIA

MOSCOW (Reuters) - The chief executive of state-owned oil producer Saudi Aramco said he planned to discuss the purchase of a stake in Novatek's <NVTK.MM> Arctic LNG-2 project with Novatek's boss in Moscow on Friday, the RIA news agency reported. The executive was quoted by agencies as saying he hoped to

Saudi Aramco CEO says relationship with Russia to reach new heights

DUBAI (Reuters) - Oil producer Saudi Aramco's Chief Executive Officer Amin Nasser said on Friday that the company's relationship with Russia will grow as the two sides proceed with cooperation projects. "Our ongoing strategic engagements and discussions with partners in Russia are taking our relationship to new heights," he said at

Saudi Aramco Trading aims for 50 percent rise in oil trade volume in 2020

SINGAPORE (Reuters) - Saudi's Aramco Trading Company (ATC) expects to increase its oil trading volume to 6 million barrels per day (bpd) in 2020, 50 percent higher than current levels, the company's top official said on Monday. "Currently ... we're at 4 million barrels per day and with expansion I think