While alternatives are growing, oil and gas still dominate international energy markets
Saudi has many of the cheapest oil fields for extraction, with some per-barrel costs below $10, says Mr Hunter. With Brent crude at more than $60, much of the difference can be profit.Saudi Arabia is keen to sell shares in its state oil firm because it is trying to reduce its reliance on oil. Tourism Minister Ahmad al-Khateeb described it as a"historic moment" for the country. It wants tourism to rise from 3% to 10% of gross domestic product by 2030.
MA1KSA That's great boost
MA1KSA SELAM AHLEHKUM RAHMEHTULLAH O MIKU IM I SHPIRTIT PA KUFI TË UROJ JET TE GJAT E SUPER SUKSESE PO TË LUTEM O MIKU IM PO TË FTOI JE I MIRË PRITUR PËR TË BASHKËPUNUAR NË RRUGËN E SHPIRTIT PA KUFI TË UROJ JET TE GJAT E SUPER SUKSESE PO ASHTU EDHE NË FAMILJE O MIKU IM
Trust the Saudis at your peril
money makes the world fall down
Offering 1% or 2% of shares is hardly ‘going public’. It’s just the Saudi royal family wants others’ money to finance plans.
After all, BIG FOSSIL and BIG MONEY are destroying our planet, and at the same time, we need to reduce our dependence on oil in unstable parts of the world. Labour’s home energy policy NAILS IT! CONversely, the Tories show INCOMPETENCE on the ClimateEmergency. GE2019
APPARENTLY TRUMP 'SOLD' OUR SOLDIERS TO GO THERE TO PROTECT THEM .... HOW DESPICABLE IS THAT.
I guess the attack was just to scare off investors
Yes it’s all organised as Saudi know they have to do it now before the company starts to lose money!!
Bet there isnt much 'public' to buy it
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Source: The Guardian - 🏆 84. / 53 Read more »