Wednesday, December 25, 2024
Energy CEO hits at 'energy ignorance' driving current policy: 'Little hope of ending the crisis anytime soon'- oil and gas 360

Energy CEO hits at ‘energy ignorance’ driving current policy: ‘Little hope of ending the crisis anytime soon’

Fox Business The ongoing energy crisis was preceded by a decade of red flags that went mostly ignored and global plans to transition from conventional energy sources to renewable options failed to address key issues, according to a chief executive of the world’s largest oil producer. Addressing the Schlumberger Digital Forum 2022 in Switzerland, Aramco CEO Amin Nasser said a lower energy supply is

Aramco meets investors in last-minute bid to hit $2 trillion IPO target: sources-oag360

Aramco meets investors in last-minute bid to hit $2 trillion IPO target: sources

Source: Reuters DUBAI (Reuters) – Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion valuation as possible ahead of an expected listing launch on Sunday, according to three sources. Failure to reach the coveted target would cause a dilemma for Saudi Crown Prince Mohammed bin Salman –

https://www.reuters.com/article/us-saudi-investment/finance-royalty-descend-on-saudi-forum-as-aramco-listing-looms-idUSKBN1X80W5

Finance royalty descend on Saudi forum as Aramco listing looms

Source: Reuters RIYADH (Reuters) – What a difference a year makes. There was standing room only in the expansive halls of Riyadh’s Ritz-Carlton hotel on Tuesday as the world’s financial royalty attended Saudi Arabia’s Future Investment Initiative (FII) conference, aimed at courting global investors. Saudi Arabia said it signed over two dozen investment deals worth $15 billion, mostly in the