This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors ...

A group led by US asset manager BlackRock is reportedly in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco’s giant Jafurah shale gas project.

DUBAI/LONDON: Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up ...

Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the ...

BlackRock is embracing the world’s largest oil company. The $109 billion asset manager run by Larry Fink said on Monday it would add Saudi Aramco Chief Executive Amin Nasser to its 16-strong board.

BlackRock this week named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the investment firm’s commitment to the oil industry.

BlackRock-led investors in Saudi Aramco's gas pipelines network have hired banks to arrange investor meetings ahead of a potential sale of bonds, a bank document showed on Tuesday, to refinance a ...

So the investment giant’s decision on Monday to name Amin Nasser, the C.E.O. of Saudi Arabia’s oil company Aramco, to its board feels like a major reversal, despite its claims that the move ...

Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.