皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

足{zu}球分析(www.99cx.vip)_Aramco may merge two energy trading units

admin2022-06-216

足球分析www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。足球分析上足球分析专家数据更新最快。足球分析开放皇冠官方会员注册、皇冠官方代理开户等业务。

,The restructuring is likely to be announced before the end of the year,

LONDON: Saudi Aramco (pic) is planning to merge two energy trading units, people familiar with the matter say, with Aramco Trading Co (ATC) due to absorb Motiva Trading ahead of a potential initial public offering (IPO) of the business.

The move to combine the businesses is expected to give potential investors a better sense of the scale of Aramco’s trading and would also allow the state oil producer to simplify financial reporting and cut duplication.

The restructuring is likely to be announced before the end of the year, one of the two people familiar with the matter said.

The merger would come four years after Shell Plc exited Motiva Enterprises, leaving Aramco in control of Motiva Trading and Motiva’s refinery, the largest in the United States.

Saudi Aramco and other Middle East producers accelerated their trading efforts as a way to boost incomes after the 2014 collapse in oil prices.

They have slowly gained market share from oil majors and Swiss commodity merchants, using access to their own feedstocks and strength in refining to compete aggressively.

Plans for the combination come amid reports Aramco plans an IPO of its trading business and as European countries move away from buying Russian crude over its invasion of Ukraine.

The two people familiar with the situation, who are not authorised to speak to reporters, did not confirm plans for an IPO. — Reuters


转载说明:本文转载自Sunbet。

网友评论

1条评论