News Snapshot:
Print 04/08/2021 - 04:03 Saudi Aramco, the Saudi state oil company, is in talks to sell up to 49% of its oil pipeline business to a consortium of US, Chinese and local investors. This was reported by The Wall Street Journal, citing sources familiar with the situation. pixy.org According to them, the US investment companies Apollo Global Management and EIG Global Energy Partners, the Chinese Silk Road Fund and China Reform Fund Management, as well as Saudi pension funds may take part in the deal. Earlier, Bloomberg reported that Apollo and other investors may buy part of the Saudi oil...
