This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors ...

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.

Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the ...

So the investment giant’s decision on Monday to name Amin Nasser, the C.E.O. of Saudi Arabia’s oil company Aramco, to its board feels like a major reversal, despite its claims that the move ...

The consortium, which includes state-backed Hassana Investment Co., agreed to a $15.5 billion lease-and-leaseback agreement with Aramco in late 2021, which gives the investors a 49% stake in ...

BlackRock-led investors in Saudi Aramco's gas pipelines network have hired banks to arrange investor meetings ahead of a potential sale of bonds, a bank document showed on Tuesday, to refinance a ...

BlackRock, the world’s biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm ...

BlackRock is embracing the world’s largest oil company. The $109 billion asset manager run by Larry Fink said on Monday it would add Saudi Aramco Chief Executive Amin Nasser to its 16-strong board.

Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.