Saudi Aramco


Saudi Aramco takes $4.7 bil stake in China oil refinery

The world’s biggest oil producer has agreed to buy a 10% stake in a giant oil complex in China for 24.6 billion yuan.

Global Markets

Apple may be challenged by Aramco as world's most valuable firm

Aramco shares have jumped 15% in less than three weeks

Company in the news

Saudi oil giant Aramco seeking secondary listing in either London or Singapore: reports

Over the weekend, the world's most valuable oil company tipped its hand on a multi-billion dollar deal that may land in Singapore.


UAE seeks investors and buyers for blue hydrogen

The market for hydrogen is tiny today but could be worth as much as US$700 billion ($949 billion) annually by 2050.

Global Economy


Quoteworthy: Hong Kong investors’ love for HSBC is still there, but it’s indeed heart-breaking. –— Simon Yuen.

Oil & Gas

Market observers shun oil and services sectors, but some locally listed names could shine

SINGAPORE (Dec 20): Saudi Arabian Oil Co (Saudi Aramco), the kingdom’s national oil corporation (NOC) and world’s biggest oil producer, had a positive debut on the Tadawul exchange. Its shares have gone up 19% from its IPO price of SAR32, closing at S


Saudi Aramco IPO institutional tranche 2.95 times oversubscribed

(Dec 4): The institutional tranche of Saudi Aramco’s planned initial public offering (IPO) has been almost three times oversubscribed, receiving orders worth 189.04 billion riyals ($69.8 billion), financial advisers for the IPO said on Tuesday.


Oil conundrums

Persistently low crude oil prices have hampered upstream and midstream activity. This has been worsened by the increasing emphasis on sustainability and decarbonisation. Will the oil industry remain in the doldrums?


Aramco launches IPO with Crown Prince's economic vision at stake

(Nov 4): Saudi Arabia is pulling out all the stops to ensure the success of Aramco’s initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares in the world’s largest oil producer.

Global Markets


SINGAPORE (Oct 14): “We have certainly received a lot of questions regarding the freedom to move money.” — Clifford Ng, managing partner at Zhong Lun Law Firm in Hong Kong, whose clients are keen to shift assets to Singapore.