Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:29
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising
2023-08-06 00:25
Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:59
NYC Comptroller Blasts BlackRock for Picking Aramco CEO for Board
New York City Comptroller Brad Lander slammed a decision by BlackRock Inc., its biggest external money manager, to
2023-07-20 03:23
An ESG Loophole Helps Drive Billions into Gulf Fossil Fuel Giants
Saudi Aramco, the world’s largest oil company, has become an unlikely beneficiary of funds earmarked for sustainable investments
2023-07-11 12:17
Real Madrid’s Karim Benzema to Receive Reported $300 Million for Saudi Move
Saudi Arabia’s $700 billion wealth fund and state oil firm Aramco are set to take control of several
2023-06-06 14:28
Saudi Aramco to Postpone Mega IPO of Energy Trading Unit
Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, a deal that
2023-05-11 17:51
Aramco Weighs LNG Exports as Hydrogen Talks Prove Tough
Saudi Aramco is weighing exports of liquefied natural gas instead of blue hydrogen, as talks with potential buyers
2023-05-10 17:23
Saudi Aramco to Boost Dividend With Performance-Based Payout
Saudi Aramco said it will introduce performance-linked dividends that will be paid out in addition to its base
2023-05-09 13:56