ADNOC, Aramco considering bids for Shell's South African assets - report

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Gulf Business Emirati Arabi Uniti 24.05.2024. 14:24

ADNOC, Aramco considering bids for Shell's South African assets - report

Abu Dhabi National Oil (ADNOC) and Saudi Aramco are among companies weighing bids for Shell’s downstream assets in South Africa, Bloomberg News reported on Friday, citing people familiar with the matter. South Africa’s Sasol is also considering an offer for the business, which could be valued at mo»»»

gulfbusiness.com
Reuters 18.10.2019. 17:03

Exclusive: Aramco makes relatively little from foreign refining - documents

LONDON (Reuters) - Documents from Saudi Aramco show that the world’s largest oil firm earns only a limited proportion of its profit from foreign refining ventures, an area in which the company plans huge investment. The news comes as Aramco, according to two sources familiar with the matter, has de»»»

reuters.com
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