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

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

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 ...

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 ...

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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 ...

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 ...

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 ...

Investing.com -- BlackRock (NYSE:BLK) is exploring a potential sale of its stake in Saudi Aramco’s natural-gas pipeline leasing entity, Bloomberg reported on Thursday, citing people familiar with the ...