A trillion dollars is unfathomable to many, but not for five global corporations in the trillion-dollar companies club. In June this year, the trillion-dollar market cap club expanded after Facebook…
Saudi Arabia is seeking to sell 1% stake in Aramco to a ‘leading global energy company’ for close to $19 billion, according to Bloomberg. The deal aims to generate customer…
Saudi Aramco will make a $75 billion dividend payout, the largest of any listed company, according to Bloomberg. The payout, which almost all goes to Saudi Arabia’s government, comes amid…
Rosneft and Saudi Aramco will not bid for Indian refiner BPCL, as weak fuel demand and low oil prices limit their investment plans, according to Reuters. Earlier, Russia’s Rosneft had…