Aramco is speeding up preparations for the IPO with an aim of listing on the Saudi bourse as soon as November.
Read More »Big Oil CEOs Talk Climate Change. Methane Emissions and the Future of Natural Gas
One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.
Read More »Saudi Aramco will Add Barclays. Deutsche as Bookrunners for IPO
Aramco is moving fast to add banks in junior roles on the deal after choosing the top underwriters last week.
Read More »Aramco`s Some October Oil Loadings to Be Delayed
The attack on the kingdom’s most important oil production facility has crimped the availability of lighter grades such as Arab Extra Light and Arab Light.
Read More »Saudi Supply Disruption Puts U.S. Oil Reserve in Play
The emergency stockpile is stored in huge underground salt caverns along the U.S. Gulf Coast.
Read More »Saudi Arabia Temporarily Cuts Oil Production
Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.
Read More »Iran Sanctions Relief wouldn`t Prompt OPEC+ to Discuss Oil Cuts
Iran'.s crude exports and production have plummeted because of the sanctions.
Read More »US is Close to Overtake Saudi Arabia as the World`s Top Oil Exporter
Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.
Read More »Novatek`s Greenlights $21 Billion Arctic LNG 2 Project
Earlier this year. Novatek agreed to sell a 20% stake in Arctic LNG 2 to China’s Cnooc Ltd.
Read More »OPEC Struggles to Detain Oil Price Decline
OPEC+ is expected to reaffirm its commitment to rebalancing the market at its September 12 meeting.
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