Aramco Shares Slide on Output Curbs, Secondary Offering
Shares of Saudi Aramco slid to the lowest level in more than a year.
Source: rigzone.com
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Saudi Arabia set to launch $10 billion Aramco offer
International Business News: Saudi Arabia is preparing to formally launch a secondary offering of shares in oil giant Aramco as soon as Sunday, a deal that could raise more than $.
Source: indiatimes.com
Saudi Arabia set to launch $10 billion Aramco offer on Sunday
The government plans to run a book-building process to take orders until next Thursday, people familiar with the matter said, asking not to be identified as the information is private.
Source: moneycontrol.com
Saudi Aramco Aims for Net Zero Emissions Without Cutting Oil Production
Saudi Aramco plans to achieve net-zero emissions by 2050 without reducing oil and gas production, relying on technologies like carbon capture and blue ammonia.
Source: oilprice.com
Shell plans job cuts in offshore wind business as CEO refocuses on oil and gas
Shell had been spending heavily in offshore wind, aiming to leverage its experience extracting oil and gas at sea to become a leader in the technology. But soaring costs in the sector and a renewed focus on driving returns for shareholders under CEO Wael Sawan has led the company to back away from the energy source.
Source: worldoil.com