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Business

Saudi Aramco falls on U.S.-Iran tensions; debt markets little changed

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DUBAI (HeadlineNews) – Saudi Aramco shares fell to a new low on Wednesday after Iran launched missiles against U.S. targets in Iraq, but Gulf debt
Business

Nord Stream 2 to press on with Europe gas pipe, despite U.S. sanctions

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FILE PHOTO: Allseas’ deep sea pipe laying ship Solitaire lays pipes for Nord Stream 2 pipeline in the Baltic Sea September 13, 2019. Picture taken
Business

Aramco shares inch up in early Sunday trade

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FILE PHOTO: Participants attend the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s stock market, in Riyadh, Saudi
Business

Aramco tops Saudi Crown Prince’s $2 trillion target despite doubts

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DUBAI/RIYADH (HeadlineNews) – Saudi Aramco (2222.SE) topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman on Thursday as the state-owned
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Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources

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FILE PHOTO: Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019.
Business

Saudi Aramco’s CEO met Kuwait sovereign fund to discuss IPO: source

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DUBAI (HeadlineNews) – Saudi Aramco’s top executives have met officials of Kuwait’s sovereign wealth fund to convince them to invest in the oil giant’s initial
Business

Saudi Aramco valuation set at up to $1.7 trillion, no overseas roadshows for IPO

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DUBAI (HeadlineNews) – Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7
Business

Big U.S. liquefied natgas players move fast; smaller ones try to keep up

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NEW YORK/LONDON (HeadlineNews) – A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp (XOM.N)

BP profit outstrips forecasts, lifted by higher oil output

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LONDON (HeadlineNews) – A strong increase in oil and gas production helped BP (BP.L) offset weaker crude prices and refining profit to beat second-quarter profit

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