Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has accumulated stakes in four major European oil companies, a source familiar with the transaction said. The four are Royal Dutch Shell , France’s Total , Norway’s Equinor and Italy’s Eni , the source said, confirming a Wall Street Journal report. The source did not confirm the combined value of the stakes, which the WSJ reported were worth $1 billion. …read more
Source:: Yahoo Finance
