Sunday, May 18, 2025

Saudi Aramco Readies Itself for $2 Trillion IPO in 2018

From CNN/Money It’s a pretty bad time to be thinking about going public if you’re an oil company. Oil has lost half its value in a little over two years, and the market for IPOs is in the doldrums. Saudi Aramco is no ordinary oil company, however. The world’s top producer says it will be ready to launch the biggest

Cheniere Cleared to Export LNG from Second Sabine Pass Plant

From Fuel Fix/Bloomberg Cheniere Energy Inc., which shipped its first cargo of liquefied natural gas in February, has been cleared to double exports from its landmark terminal in Louisiana. Cheniere’s second liquefaction plant at Sabine Pass was approved by the Federal Energy Regulatory Commission in a notice on Wednesday. Each plant has the capacity to produce the equivalent of about 650