Saudi Arabia offers new Aramco stake to global energy company

Saudi Arabia is in talks to sell a 1% stake in state oil company Saudi Aramco to a leading international energy heavyweight, according to reports. Additional stakes in the world’s largest oil company could be divested also within the next two years. Chinese state-owned players Sinopec and PetroChina earlier expressed their interest to acquire equity in Aramco via a direct deal, reported Reuters.

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