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China remained the largest destination of energy investment. taking 21% of the global total.
Read More »IEA: India Became Third Largest Nation for Energy Investment in 2016
Iraq Turns into 2nd Largest Gas Importer from Iran
Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.
Read More »Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
Saudi Aramco has been building refineries integrated with chemicals to boost their economics by adding high value products to the supply chain.
Read More »Saudi Aramco Shuts Jeddah Refinery Indefinitely
One source said the facility would be mothballed.
Read More »Low-Cost LNG Base Is Qatar’s Unique Advantage
The US began its first major international LNG shipments in 2016.
Read More »Spending Discipline. Higher Oil Revenues to Narrow Saudi Fiscal Deficit
Short term improvement in oil prices may slowdown fiscal reforms.
Read More »Abu Dhabi’s Adipec Draws Record Crowds as Oil Market Sentiment Improves
At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
Read More »Saudi Aramco’s IPO Just Lost World’s Largest Equity Investor
The company has hired JPMorgan Chase &. Co.. Morgan Stanley. HSBC Holdings Plc. Moelis &. Co. and Evercore Inc. to advise on the IPO.
Read More »Adipec 2017: China to Become 2nd Largest LNG Importer ‘Within a Year or Two’
The International Gas Union’s 2017 World LNG Report says Japan is the top importer of LNG. followed by South Korea. with China in third place.
Read More »UAE Joins Gathering Consensus to Extend Oil Output Cuts
Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.
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