Post Tagged with: "40 years"

Saudi Aramco Gives Up Its Long-Held ‘In Perpetuity’ Oil and Gas Rights

Saudi Aramco Gives Up Its Long-Held ‘In Perpetuity’ Oil and Gas Rights

From Financial Times

Kingdom’s switch to a 40-year contract reveals power struggle with state energy group

The move came as part of the kingdom’s preparations for a stock market flotation for Saudi Aramco, which has been indefinitely delayed

Saudi Arabia …

August 27, 2018 - 3:07 pm Closing Bell Story‎, Energy News, OPEC