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Investment bankers from around the world have been pitching for years to win a coveted role on Aramco’s IPO.
Read More »Aramco Plans to Pay up to $450m in Fees to IPO Advisers
The Attacks on Aramco could Hurt Saudi Arabia in the Long Term
The fear of another attack could affect oil prices every time.
Read More »Oil Shipping Rates Jump as US Sanctions Hit Crude Trade
The current strength in rates has been triggered by geopolitics.
Read More »Iraq Close to Replacing Exxon Mobil with BP and Eni
Three of the oil officials said Exxon had costed the project at higher than Hyundai’s $2.4 billion.
Read More »Japan will Scrap Remaining Nuclear Reactors in Fukushima
The utility plans to build an on-site facility to store spent nuclear fuel from the plant.
Read More »Iraq Plans to Build New Oil Pipeline via Jordan
Iraq is also planning to rehabilitate a pipeline via Turkey.
Read More »South Korea Gets US Exemption on Iran Crude Oil Imports
South Korea has been granted a waiver from US sanctions on Iranian oil.
Read More »Venezuela Takes Desperate Measures to Support Economy
Venezuela is coping with one of the worst economic disasters in the world.
Read More »IMF Urges Saudi Arabia to Contain Spending Despite Oil Price Rise
A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.
Read More »Saudi Arabia to Build Oil Port in Yemen
Earlier this month. Yemen was said to have resumed oil exports.
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