Wednesday , 17 December 2025

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Aramco gets $100b in orders for bond deal

Bloomberg Saudi Arabian oil giant Aramco received more than $100 billion in orders for its maiden global bond. The bond sale, the most highly anticipated in recent memory, is set to be the largest-ever in emerging markets and one of just a handful of times that a company anywhere in the world received more than $100 billion in bids for …

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Renewables cut $10trn off cost for climate goal

Bloomberg The cost of reaching global climate goals is falling rapidly as wind and solar prices plummet and policy makers push electrification as the main tool to cut pollution, the International Renewable Energy Agency said. The group known as Irena revised down its estimates for global investments needed by 2050 in clean energy to meet targets under the Paris Agreement …

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Petrobras to sell pipe unit stake for $8.6b

Bloomberg Petroleo Brasileiro SA agreed to sell its 90 percent stake in a natural gas pipeline unit to France’s Engie SA and Canadian pension fund Caisse de Depot et Placement du Quebec for $8.6 billion. Engie and Caisse prevailed after multiple rounds of bidding for the unit, known as TAG. It is the biggest-ever single asset sale for Petrobras, whose …

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