Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports.
Read More »Aramco Looking for SABIC Controlling Stake
Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).
Read More »Oil Prices Drop on Worries about Oversupply
Saudi Arabia and large producers are ramping up output to offset losses that are likely to come as the November deadline approaches.
Read More »Start of Nearshore Works for TurkStream
Each line will have the throughput capacity of 15.75 billion cubic meters of gas per year.
Read More »China Plans to Power Southeast Asia
For China the demand for electricity and the supply mismatch presents an opportunity to help ASEAN.
Read More »IMF Urges Saudi Arabia to Accelerate Privatization Reforms Amid Oil Price Recovery
Economy to grow 1.9% in 2018. boosted by economic reforms and oil output increases.
Read More »China Eyes Russia LNG amid Trade Tension
China'.s imports of LNG from the US have also grown very fast recently.
Read More »Kazakhstan may Increase Oil Production in 2019
According to OPEC+ deal Kazakhstan must lower oil production by 20 000 barrels per day to the level of November 2016.
Read More »Iran. India`s No. 2 Oil Supplier Ahead of Saudi
Iraq continued to be the top oil supplier to India in the April-June period.
Read More »Sabic Deal would Affect Aramco`s IPO Timeline
The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.
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