The bond sale represents an alternate way for Saudi Arabia to raise money and diversify from oil.
Read More »Venezuela`s Oil Exports Stable amid US Sanctions & Blackouts
Before sanctions. the US used to be the largest buyer of Venezuelan crude.
Read More »Over 568 Miles of Nord Stream 2 Pipeline Ready
Nord Stream 2 is a joint venture of Russian gas giant Gazprom and five European companies.
Read More »Gazprom Ready to Continue Gas Transit Contract with Ukraine
Gazprom is ready to enter negotiations for making a new contract on direct delivery of the Russian gas to the Ukrainian market.
Read More »BP has `Dramatically Reduced` Oil and Gas Exploration
Cutting the carbon from its oil and gas products would be beneficial to BP'.s business.
Read More »Petrobras Plans to Cut $8.1 Billion in Operational Costs through 2023
The company also plans to sell some mature oil fields in Brazil. a small addition to its divestment program.
Read More »Saudi Aramco IPO expected within two years
Saudi Aramco is expected to issue its initial public offering (IPO) within two years.
Read More »Novatek Completes Sale of 10% Stake in Arctic LNG 2 to Total
Novatek previously agreed to grant Total the option to acquire a 10% to 15% direct interest in all of its future LNG projects.
Read More »Gazprom Expects the Considerable Rise in LNG Production This Year
Gazprom estimates that its share of the European gas market grew to 36.7% in 2018.
Read More »Saudi Aramco Plans to Shift around 2-3 Million Barrels of Crude Oil to Chemicals
The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.
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