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In the News

Jan 11, 2020

Livingston joins Emirates News Agency to discuss energy transitions in UAE

By Atlantic Council

Energy & Environment Energy Transitions
Manufacturing facility

Global Energy Forum

Jan 9, 2020

The Saudi Aramco-SABIC merger: How acquiring SABIC fits into Aramco’s long-term diversification strategy

By Private: Jean-François Seznec

Throughout 2019, financial markets have watched the planned Saudi Aramco initial public offering (IPO), which was finally launched in December. A quieter, but no less significant, story was the Saudi oil company’s acquisition of SABIC. Saudi Aramco strove to have a successful IPO, especially through increased transparency and diversification, and the SABIC acquisition was a key element of Saudi oil company's diversification strategy. Going forward, what does the merger mean for both companies, what is the new relationship between Saudi Aramco and SABIC, and what are the merger’s implications for the intricate relationship between the various bureaucracies and leadership in Saudi Arabia?

Energy Markets & Governance Energy Transitions
Stock exchange

EnergySource

Dec 30, 2019

The Aramco IPO isn’t quite enough to realize MBS’s diversification ambitions

By Randolph Bell

After significant delays and a number of setbacks, Aramco finally listed shares representing 1.5 percent of the company’s total value on the domestic Tadawul exchange. The $25.6 billion that the IPO raised is nothing to scoff at, but it still is not enough to fully realize MBS’ ambitions. Where does the IPO go from here?

Energy Markets & Governance Energy Transitions

New Atlanticist

Dec 24, 2019

Saudi failure to convict Saud al-Qahtani is glaring

By Kirsten Fontenrose

For a purported lack of sufficient evidence, Saud al-Qahtani was not even brought to trial. This tells us one of three things: One, Saudi Arabia no longer values its relationship with the United States; two, the US intelligence community sees greater value in monitoring al-Qahtani’s activities than in seeing him imprisoned; or three, the Saudi court system is, impressively, more evidence-based than we knew.

Saudi Arabia

In the News

Dec 18, 2019

Cohen in Forbes: Saudi Aramco IPO Hits $2 Trillion Mark Amid Guarded Forecast

By Atlantic Council

Energy Markets & Governance International Markets

In the News

Nov 26, 2019

Cohen in Forbes: Making History: U.S. Exports More Petroleum Than It Imports In September and October

By Atlantic Council

Energy & Environment Energy Markets & Governance

In the News

Nov 15, 2019

Cohen in Forbes: Investors Evaluating Aramco IPO As Iran Claims Discovery Of New Oil Field

By Atlantic Council

Economy & Business Geopolitics & Energy Security

New Atlanticist

Nov 15, 2019

A crisis of commitment in the Middle East. But whose?

By Kirsten Fontenrose

While US actions are causing confusion about Washington's commitment, regional actions are also calling into question the region’s commitment to its relationship with the United States and to its own stability.

Middle East Politics & Diplomacy
Saudi Stock Exchange (Tadawul)

EnergySource

Nov 13, 2019

The Saudi Aramco IPO: A valuation saga

By Private: Jean-François Seznec

The Saudi stock exchange in Riyadh has approved the trading of Saudi Aramco’s shares on the local stock market, signaling a rapid start to the initial public offering (IPO). The various investment banks looking to place and sell the shares to their clients have given widely different, but generally low, value to the company and the shares.

Energy Markets & Governance Energy Transitions

In the News

Nov 5, 2019

Livingston quoted in Axios on Saudi oil

By Atlantic Council

Energy & Environment Energy Markets & Governance

Experts