Finance and Investment News

The latest oil and gas news from around the world.
  1. The unit, which currently manages $25 billion of its own and external capital, plans to boost that amount to $40 billion.
  2. Saudi Aramco shares surged after the initial public offering, valuing the oil producer at a record $1.88 trillion.
  3. More than half of it is from its Appalachia natural gas assets after a slump in prices.
  4. The selldowns will rank among the biggest-ever block trades in Malaysia.
  5. When shares of Saudi Arabia's national oil company begin trading Wednesday, the stars will be aligned to ensure that the stock price holds up.

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