Will Aramco's push into green energy be selling point for IPO?
Whether 'greening' the world's largest oil company's offer will boost value is still an open question
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
ARAMCO is the world's largest oil company, but when it sells shares next year its foray into renewables is what may lure investors who would otherwise be forced to stay away.
Saudi Arabian Oil Co, as it is formally called, is considering investments of as much as US$5 billion in renewable energy, part of the kingdom's effort to reduce the amount of oil feeding domestic energy needs.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
