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 ...

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

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 ...

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 ...