for Saudi Aramco
From transparency to value, the problems facing Aramco's IPO will likely to continue to dog Riyadh as it tries to cement Aramco as the world's most valuable company.
After multiple delays, Saudi Aramco is moving forward with its IPO - but questions surround the listing amid persistent low oil prices, Saudi political issues, and fallout from the Abqaiq attack.
After the Abqaiq attacks, some analysts believe the market is overlooking rising geopolitical risk.
The oil market’s vulnerability and dependence not just on a single country, but on a single facility, was laid bare on September 14.
Saudi Arabia's third oil minister in three years, Prince Abdulaziz bin Salman will be tasked with delivering Saudi Aramco's IPO
OPEC has few choices at its disposal to manage the swelling oil market surplus, most of which are unpalatable.
Aramco's bond prospectus details a company which has production costs that are less than half of its nearest rival and achieves levels of production greater than ExxonMobil, Chevron, Shell BP and Total combined.
OPEC officials warn that underinvestment may lead to a price spike, but major oil producers do not have a strategy to meet longer-term demand growth.
Saudi Arabia’s plans to buy and sell third-party crude prompt concerns about how widely Aramco will expand its trading apparatus and how it will use its market power.
The possibility that Russia may soon own refineries in the U.S. if Venezuela’s PDVSA defaults on its loans from Rosneft has pushed the risks of foreign-owned energy assets in the U.S. into the spotlight. As of now, some 30 percent of U.S. refining capacity is owned by foreign companies.