published May 16th 2017, 5:00 pm, by Wael Mahdi and David Wethe (Bloomberg) —Saudi Aramco plans to sign agreements with at least 10 companies including General Electric Co. and oil field-service businesses Schlumberger Ltd. and  Halliburton Co. when President Donald Trump visits Saudi Arabia, according to two people familiar with

published May 2nd 2017, 3:53 pm, by Wael Mahdi (Bloomberg) —Saudi Arabia will retain full ownership of its oil and gas reserves and sole decision-making authority on production levels after Saudi Arabian Oil Co.’s long-awaited initial public offering, Deputy Crown Prince Mohammed bin Salman said in interview Tuesday on state-run

published Mar 28th 2017, 2:51 am, by Wael Mahdi (Bloomberg) — Saudi Arabia slashed the tax rate paid by state oil producer Saudi Aramco, a key milestone in preparing the company for what may be the world’s biggest initial public offering. Aramco’s income tax, paid on the company’s profit, is