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Ivanhoe Electric Completes Q1 Drilling In Saudi Arabia; Metallus Invests $10M-Plus In Health, Safety; ArcelorMittal"s Safety Audit And More: Thursday"s Top Mining Stories

Quarterly results for Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden's joint venture, Metallus' sustainability efforts, ArcelorMittal's safety audit, and an analyst's update on Gatos Silver. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

Saudi Arabia in talks to sell 1% of oil giant Aramco to global energy firm, report says

An unnamed energy firm from a "huge" country is in talks about buying a stake in Saudi Arabia's Aramco oil company, according to a report. Crown Prince Mohammed bin Salman. ALEXEY NIKOLSKY/SPUTNIK/AFP via Getty Images Saudi.....»»

Category: topSource: businessinsiderApr 28th, 2021

Lucid Has An Obligation To Build Saudi EV Plant And It Could Prove Costly: WSJ

Lucid Motors Inc, which is going public through a merger with the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV), has committed to building a potentially expensive plant in Saudi Arabia, the Wall Street Journal read more.....»»

Category: blogSource: benzingaMar 10th, 2021

Texas and Oklahoma weigh production quotas for oil

Now that Russia, Saudi Arabia and other producers have decided to cut production of oil in the face of the global collapse in demand, some American companies want Texas and Oklahoma to follow suit......»»

Category: personnelSource: nytApr 13th, 2020

As Russia and Saudi Arabia Retreat, U.S. Oil Industry Avoids the Worst

HOUSTON — The American oil industry may have dodged a bullet. Russia and Saudi Arabia — which only a month ago hoped to undercut American producers — have retreated from threats to pump more oil into the already-saturated market. .....»»

Category: topSource: moneycentralApr 12th, 2020

U.S. senators press Saudi officials to put oil cut in motion

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output......»»

Category: topSource: reutersApr 11th, 2020

U.S. senators hold call with Saudi officials urging them to put oil cut in motion

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output......»»

Category: topSource: reutersApr 11th, 2020

Carnival surges 27%, extends 2-day surge to 53%, after Saudi fund announces a stake in the company

Lynne Sladky/Associated Press On Monday, Saudi Arabia's sovereign wealth fund bought an 8.2% stake in Carnival Corp.  Shares surged as much as 27% o.....»»

Category: topSource: businessinsiderApr 7th, 2020

Saudi Arabia just bought an 8% stake in Carnival

The cruise ship company's stock plunged 80% in the last year, and it's unclear when business will pick back up......»»

Category: topSource: moneycentralApr 6th, 2020

Uber suspends taxi booking option in Saudi Arabia

Uber Technologies has suspended the option to book regular taxi services through its app in Saudi Arabia until further notice, a company statement said on Friday......»»

Category: topSource: reutersMar 21st, 2020

Uber suspends taxi service in Saudi Arabia until further notice: statement

Uber Taxi suspended its operations in Saudi Arabia until further notice due to measures announced by interior ministry, a company statement said on Friday......»»

Category: topSource: reutersMar 20th, 2020

BAE Systems predicts 2020 growth despite Saudi ban

Britain's BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to offset any future impact from a German ban on arms exports to Saudi Arabia......»»

Category: topSource: reutersFeb 20th, 2020

We got our hands on magazine from the publisher of the National Enquirer that reads like Saudi propaganda. Here"s what"s inside.

American Media Inc. In the spring of 2018, National Enquirer publisher American Media Inc. created a 97-page magazine .....»»

Category: topSource: businessinsiderFeb 13th, 2020

Today"s Pickup: Saudi Arabia"s Aramco Becomes World"s Most Valuable Publicly-Traded Company

Good day, Amid skepticism on the market value of Saudi Arabia's state-owned oil company Aramco,.....»»

Category: earningsSource: benzingaDec 12th, 2019

Today"s Pickup: Saudi Arabia"s Aramco Becomes World"s Most Valuable Publicly-Traded Company

Good day, 0 read more.....»»

Category: blogSource: benzingaDec 12th, 2019

"Vindication" - Saudi Arabia hails 10% debut jump in Aramco shares

Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2 trillion valuation of the state oil company......»»

Category: topSource: reutersDec 11th, 2019

Saudi Arabia"s oil giant is now the world"s most valuable company. Meet Mohammed bin Salman, the 34-year-old crown prince who"s at the center of human rights issues and drops millions on yachts and mansions.

AP Photo/Francois Mori Mohammed bin Salman is the 34-year-old crown prince of Saudi Arabia. He controls part of the royal family's vast wealth, which is .....»»

Category: topSource: businessinsiderDec 11th, 2019

For Saudi Arabia’s Richest, the Aramco IPO Is Payback Time

The IPO of Saudi Arabia's national oil company, Saudi Aramco, has been restricted basically to Saudi citizens who have been incentivized to pay up......»»

Category: blogSource: 247wallstNov 18th, 2019

The world"s most profitable company is about to go public

The oil company that made Saudi Arabia rich is going public. Some say the timing couldn’t be worse......»»

Category: topSource: moneycentralNov 15th, 2019

Today"s Pickup: Saudi Arabia"s State Oil Company Aramco Has The Lowest Breakeven Costs In The World

Good day, Saudi Arabia's national oil company Aramco is looking to raise an initial public offering (IPO) at an expected valuation of $2 trillion. In its IPO prospectus, Aramco said its .....»»

Category: earningsSource: benzingaNov 12th, 2019