This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors ...

DUBAI/LONDON: Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up ...

Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the ...

A group led by US asset manager BlackRock is reportedly in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco’s giant Jafurah shale gas project.

BlackRock's potential sale of its stake in Aramco’s natural-gas pipeline network could reshape its asset base, enhancing liquidity and enabling investment in higher-margin opportunities like ...

The stake dates back to 2021, when a consortium led by BlackRock invested $15.5 billion to acquire 49% of a company holding leasing rights over Aramco’s gas pipelines.

BlackRock Inc is reportedly engaged in discussions with Saudi Aramco over the future ownership of its stake in the leasing rights of a major natural gas pipeline network. The asset manager, which ...

At the same time, Aramco is contending with weaker oil prices, partly due to major OPEC+ producers accelerating the rollback of supply cuts. BlackRock, meanwhile, has continued to deepen its ties ...

BlackRock's potential sale of its stake in Aramco’s natural-gas pipeline network could reshape its asset base, enhancing liquidity and enabling investment in higher-margin opportunities like private ...

The American multinational investment fund BlackRock Inc. is considering the possibility of selling back 49% in the business of operating the Saudi Arabian Oil Company (Saudi Aramco) gas pipeline ...

A BlackRock-led consortium is set to inject $10 billion into the vital pipeline infrastructure of Saudi Aramco's Jafurah gas ...

US investor Blackrock is planning to resell its stake in Saudi Aramco’s natural gas pipeline network to the oil giant. The companies are in talks to close a potential deal, Bloomberg reported quoting ...