Saudi Aramco chairman Yassir al-Rumayyan said on Tuesday a planned initial publi...
FILE PHOTO: Logo of Saudi Aramco in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo
JEDDAH, Saudi Arabia - Saudi Aramco chairman Yassir al-Rumayyan said on Tuesday a planned initial public offering of the state oil giant would be ready within the coming 12 months and that the kingdom was committed to the listing. Rumayyan told a news conference that the Aramco IPO would “continue as it is” despite weekend attacks on the company’s oil facilities. He said the IPO would depend on market conditions.
Reporting by Rania El Gamal and Stephen Kalin; Additional reporting by Maher Chmaytelli and Maha El Dahan in Dubai; Writing by Ghaida Ghantous; Editing by Chris Reese
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saudi Aramco is reportedly weighing a delay to its record-setting IPO after drone attacksBefore going forward with the IPO, officials are reportedly seeking clarity on the damage to Saudi Aramco.
Read more »
Saudi Aramco pursues IPO planning despite attack damage doubtsSaudi Aramco is pressing ahead with its listing plans this week, although some i...
Read more »
Saudi Aramco to delay PetroChina's October loadings of light crude oil - sourceSaudi Aramco informed PetroChina on Tuesday that its loadings of light...
Read more »
Detailed satellite photos show extent of 'surgical' attack damage to Saudi Aramco oil facilitiesDamage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.
Read more »
Saudi Aramco attacks: What we know so farAn attack on Saudi Arabia that triggered the biggest jump in oil prices in almos...
Read more »
UAE official: Saudi Aramco attacks are a dangerous escalationAttacks on oil plants in Saudi Arabia are a dangerous escalation and the interna...
Read more »