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Page 7 - Aramco Trading News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fujairah hub sees stiffening competition as Middle East bunker market evolves | Hellenic Shipping News Worldwide

Fujairah hub sees stiffening competition as Middle East bunker market evolves | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Dubai transitions from hub to headquarters status for energy companies

Saudi Aramco to postpone energy trading business IPO

Aramco is postponing the planned initial public offering (IPO) of Aramco Trading Company (ATC), reported Bloomberg, citing sources.

Saudi Aramco sees slowed progress on planned IPO of trading unit, sources tell Reuters

Saudi Aramco has seen progress slow for the planned initial public offering of its energy trading unit, two sources with knowledge of the matter said on Thursday.

Saudi Aramco postpones USD 30-billion IPO of Aramco Trading Company | Global news

Saudi Aramco has reportedly delayed the initial public offering (IPO) of its energy-trading unit, Aramco Trading Company (ATC), due to challenging market conditions. ATC, which serves as the trading arm of Saudi Aramco, was expected to be listed on the Riyadh stock exchange with a valuation exceeding $30bn in late 2022 or early 2023. Reports indicate the company has not yet set a new timeline for the IPO, indicating a possible delay until 2024 if market conditions do not improve. Aramco Trading offers energy solutions globally and integrates downstream assets, expanding its operations over time, including the trading of crude oil and LNG., Companies News, Times Now

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