Friday, September 28, 2018
Thursday, September 27, 2018
Monday, September 24, 2018
When Can I Buy Shares of...? - Saudi Aramco Listing Still On
The public listing of Saudi Arabia's state-owned oil titan,Saudi Aramco,is still going to happen,insisted CEO Amin Nasser to CNBC on 23 September 2018.The plan to make an Initial Public Offering of Saudi Aramco shares has been postponed indefinitely while the company pursues a large 70% stake in Saudi Basic Industries,a petrochemicals concern.
According to Mr.Nasser:
From our side,I just want to say-reiterate-that the Government has announced that they are committed to the IPO.
It's a major deal.We are doing the due diligence currently.And you cannot list while you are going through an acquisition of this size.*
Saudi Aramco explains:
To achieve our vision,we continue to make progress on our journey to grow additional value and strengthen our resilience to crude oil market volatility through the strategic integration of our downstream operations and the development of our chemicals business.
The scale of our upstream and downstream operations,and our expertise across the hydrocarbon value chain,position us to identify and capitalise on new opportunities and enter new markets.
The expansion of our downstream activities will increase our global presence,creating greater sustainable competitive advantage.*
Mr.Nasser adds:
The National Transformation Programme,designed to build the institutional capacity needed to achieve the ambitious goals of Saudi Arabia's Vision 2030,reaffirms Saudi Aramco's role as an important driver of the Kingdom's growth and enables the expansion of our commercial ecosystem.
According to Mr.Nasser:
From our side,I just want to say-reiterate-that the Government has announced that they are committed to the IPO.
It's a major deal.We are doing the due diligence currently.And you cannot list while you are going through an acquisition of this size.*
Saudi Aramco explains:
To achieve our vision,we continue to make progress on our journey to grow additional value and strengthen our resilience to crude oil market volatility through the strategic integration of our downstream operations and the development of our chemicals business.
The scale of our upstream and downstream operations,and our expertise across the hydrocarbon value chain,position us to identify and capitalise on new opportunities and enter new markets.
The expansion of our downstream activities will increase our global presence,creating greater sustainable competitive advantage.*
Mr.Nasser adds:
The National Transformation Programme,designed to build the institutional capacity needed to achieve the ambitious goals of Saudi Arabia's Vision 2030,reaffirms Saudi Aramco's role as an important driver of the Kingdom's growth and enables the expansion of our commercial ecosystem.
Friday, September 21, 2018
Thursday, September 20, 2018
Tuesday, September 18, 2018
Monday, September 17, 2018
Saturday, September 15, 2018
Friday, September 14, 2018
Thursday, September 13, 2018
Wednesday, September 12, 2018
Monday, September 10, 2018
Friday, September 7, 2018
Thursday, September 6, 2018
Tuesday, September 4, 2018
NASA's ICON Mission Rescheduled,Launch Moved to Florida
NASA's Ionospheric Connection Explorer satellite,or ICON,has been cleared again for launch following a lengthy delay.It was originally to have been launched from the US Army Kwajalein Island's Ronald Reagan Ballistic Missile Test Facility in June of this year,but was called back when the Northrop Grumman Innovation Systems Pegasus rocket began emitting anomalous data during a ferry flight from Vandenburg AFB to Kwajalein.The bad data was traced to a faulty sensor which was subsequently replaced,NASA said.
The new launch date is 6 October 2018,with a ninety minute launch window that opens at 4:00 AM EDT.The Pegasus rocket will be launched from the NGIS Stargazer 1011 aircraft,a converted Lockheed TriStar L-1011 airliner,one of only three airworthy L-1011s in the world.
Takeoff will be from Cape Canaveral Air Force Station,Florida and launch will occur off the coast of Daytona at altitude 39,000 ft.,with a heading of 105.0 degrees.*
ICON will study how charged and neutral gases behave and interact in the upper atmosphere,where the forces acting in the ionosphere simultaneously include shifts in neutral winds;pressure gradients;and solar activity.ICON will study each of the forces individually so scientists can better elucidate cause-and-effect relationships.*
ICON is an Explorer-class mission with supervision from the NASA Goddard Spaceflight Center in Greenbelt,Maryland.*
Northrop Grumman Corporation (NOC)
The new launch date is 6 October 2018,with a ninety minute launch window that opens at 4:00 AM EDT.The Pegasus rocket will be launched from the NGIS Stargazer 1011 aircraft,a converted Lockheed TriStar L-1011 airliner,one of only three airworthy L-1011s in the world.
Takeoff will be from Cape Canaveral Air Force Station,Florida and launch will occur off the coast of Daytona at altitude 39,000 ft.,with a heading of 105.0 degrees.*
ICON will study how charged and neutral gases behave and interact in the upper atmosphere,where the forces acting in the ionosphere simultaneously include shifts in neutral winds;pressure gradients;and solar activity.ICON will study each of the forces individually so scientists can better elucidate cause-and-effect relationships.*
ICON is an Explorer-class mission with supervision from the NASA Goddard Spaceflight Center in Greenbelt,Maryland.*
Northrop Grumman Corporation (NOC)
Saturday, September 1, 2018
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