April 28, 2021
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.
Read the original article on Upstream: Saudi Arabia in talks to sell Aramco stake to ‘leading global energy company’