Browsing Tag
Saudi Aramco
42 posts
SpaceX reportedly trims IPO valuation target to $1.8tn as Musk disputes the figure
Bloomberg says SpaceX cut its IPO target to $1.8T while raising up to $75B, but Musk calls it false. Inside the financials behind the largest listing in history.
May 30, 2026
MAN Industries (NSE: MANINDS) acquires Saudi Arabia’s National Pipe Company in $102m Gulf expansion
MAN Industries has bought Saudi capacity below book value. Can the Gulf bet turn MANINDS into a bigger pipeline infrastructure play?
May 21, 2026
Aramco Q1 2026 profit jumps 26% to $33.6bn as East-West Pipeline absorbs Hormuz shock
Hormuz was closed for ten weeks. Aramco still beat consensus by $2.4bn, ramped its East-West Pipeline to max, and declared a $21.9bn dividend.
May 12, 2026
European oil majors abandon unified energy transition framework as TotalEnergies, Shell, BP, Eni and Equinor pursue different paths
TotalEnergies hikes dividends. Shell buys back stock. BP retreats from transition. Eni engineers sell-downs. Equinor exits wind. Same oil price, five answers.
May 1, 2026
Why SpaceX’s reported $2tn IPO target could reset expectations for global capital markets
Bloomberg says SpaceX is targeting a $2 trillion-plus IPO valuation. Read what it could mean for markets, rivals, and the future of mega listings.
April 3, 2026
Brent crude tops $105 as Strait of Hormuz remains shut in largest supply disruption in global oil market history
Oil rises to $105 as US-Israeli war on Iran threatens Gulf export terminals and keeps Strait of Hormuz shut in the biggest supply disruption in history.
March 16, 2026
Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
US releases 172 million barrels from the Strategic Petroleum Reserve as IEA coordinates a record 400 million barrel drawdown amid Iran war supply disruption.
March 12, 2026
Aramco CEO says 6.7 million barrels a day lost as Hormuz shutdown surpasses every prior Gulf energy crisis
Saudi Aramco CEO Amin Nasser warns of catastrophic consequences for global oil markets as the Strait of Hormuz crisis deepens. Read our full analysis.
March 10, 2026
Saudi-Pakistan defence pact activated as Iran presses missile and drone campaign across Gulf
Saudi Arabia warns Iran against miscalculation after ballistic missiles target Prince Sultan Air Base and drones hit Shaybah oil field on 7 March 2026.
March 7, 2026
Commonwealth LNG project : Caturus and Aramco Trading sign 20-year offtake agreement
Caturus has signed a 20-year LNG offtake deal with Aramco Trading. Find out how this reshapes Commonwealth LNG’s FID outlook and U.S. export strategy.
February 15, 2026