Saudi Aramco’s $12 billion share sale last Sunday, selling 1.545 billion shares at 26.70-29 riyals each, saw immediate success, attracting keen interest from global investors. In a filing with the Saudi Exchange last week, Saudi Aramco (ARMCO), the country’s largest energy corporation, announced its intention to sell shares in the
On February 12, 2020, GreatGameIndia issued an alert regarding a suspicious shipment off the western coast of India. The ship belonged to a Chinese shipping company blacklisted by the Americans last year and was destined to Pakistan. Further investigation revealed the seized shipment carried launching gear for missiles and that
The US has put sanctions on several Chinese companies and their top officials for allegedly shipping Iranian oil, putting dozens of supertankers off limits to western energy traders. As a direct impact of the blacklisting of Chinese shipping company Cosco, 145,000 tonnes of Indian Oil is at risk. EXCLUSIVE: China secretly