November 18th, 2019Saudi Arabia oil company Aramco put up a value of up to USD 1.71 trillion of its IPO, which could be the world's biggest IPO till date.
September 16th, 2019Why Yemeni rebel led Houthi attack over Saudi led the world's biggest oil resource company Aramco. The reason is the Saudi family link into the operation of this company.
April 15th, 2018Since the times, King Salman Bin Abdulaziz has ascended the oil kingdom's throne, Saudi Arabia has been undergoing major political and economic changes which have brought the possibility to question if the new prince is here to stay for long? He is the first grandchild of the founder King, Abdulaziz Al Saud.
Saudi Arabian Government...
November 24th, 2017Sovereign wealth funds (SWFs) withdrew more money from global stock and bond markets in the third quarter of 2017, albeit at a slower pace with net outflows of $3.7 billion, data from research firm eVestment showed on Thursday.
This was down from the second quarter’s $7.7 billion of redemptions and the first quarter’s whopping...
April 22nd, 2017India is considering a plan for home delivery of petroleum products to consumers if they make a pre-booking to cut long queues at fuel stations, the oil ministry tweeted on Friday.
About 350 million people come to fuel stations every day, it said. Annually 25 billion rupees (USD 387.00 million) worth of transactions takes place at...
November 7th, 2016GUWAHATI: Oil India Limited (OIL) has set up an OIL Startup fund of Rs 50 crore to encourage new "out of the box" ideas related to the oil and gas sector, particularly in the Northeast.
The oil exploration major's chairman-cum-managing director Utpal Bora today said in a press conference that the initiative was in line with the...
