Saudi Arabia transferred a new tranche of shares of the Saudi oil giant on Thursday Aramcowhich represents 8% of the capital, to companies owned by the country’s sovereign fund. Saudi Crown Prince Mohamed Bin Salmanannounced the completion of the transfer of 8% of the total shares issued by Aramco from State ownership to companies owned […]
Tag: Aramco
Chile authorizes purchase of local Petrobras subsidiary by Saudi Aramco
The National Economic Prosecutor’s Office (FNE) authorized this Monday the sale of the subsidiary of the Brazilian Petrobras in Chile to the Saudi oil company Aramcowhich allows it to enter the South American market. In a report issued five months after the sale was subject to its decision, the FNE argued, among other reasons, that […]
Aramco: the most powerful oil company in the world arrives in South America and buys Esmax Chile
The Saudi oil giant Aramco arrived in South America and its first foray has been the purchase of Esmax Distribución de Chile, a company that operates the Petrobras license in that country in the retail market. Aramco, considered the most powerful oil company in the world, will acquire 100% of the shares of Esmax, in […]