The news also coincided with an announcement by India's Reliance that it had agreed to sell a 20-percent stake in its oil and chemicals business—worth $15 billion—to Aramco. Hosting its first-ever earnings call as the secretive company seeks to boost transparency, Aramco said the deal was...
Net Worth:$140 Million Age:37 Born:July 3, 1987 Gender:Male Height:1.76 m (5 ft 9 in) Country of Origin:Germany Source of Wealth:Professional Racing Driver Last Updated:Jan 9, 2025 Table of Contents Introduction Retired German race car driver, Sebastian Vettel, won the World Drivers’ Cha...
The collapse of the property developerEvergrande in September 2021 signalled that China had moved into an eraof lower economic and therefore petrochemicals demand growth. I flagged this up at the time and it has now become accepted wisdom. The e...
“Mastering a lap in Monaco, of course you’ve got to have a light and nimble car, you’ve got to have great downforce, you’ve got to have the right power to weight ratio, you’ve got to have the right track position, clean air in front of you, commitment, you’ve got to be ...
Under intense pressure from investors and activists totake more action on climate change, some of the world’s biggest oil and gas companies are putting billions of dollars’ worth of assets up for sale. Watching from a distance are people like Brian Gilvary, the head of Ineos Energy, an ...
‘good tale’ was that the oil and gas industry was a technology laggard and should seek salvation by taking on board more shiny new technology, or by hiring more systems integrators with some secret sauce that had proved its worth in other more ‘with it’ verticals. This good, if rather...
Recapping his remarks at the Aramco Virtual Energy Forum in conjunction with IP Week 2021 To say the past year has been challenging is an understatement. Countries and communities, industries and individuals, have all been severely affected by the COVID-19 pandemic. It is worth noting that despi...
Ant is set to raise almost$35 billion, beating Saudi Aramco’s $29 billion sale last year. The Shanghai stock priced at 68.8 yuan ($10.27) apiece and its Hong Kong shares at HK$80 ($10.32) each. The company could raise another $5.2 billion if it exercises its green shoe options, ta...