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The increase in energy consumption will come from improved living standards and higher per capita income.
Read More »The Energy Goliaths Driving Global Demand
UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »Wild Swings in Iraq Oil Production Give OPEC another Problem
Fighting over Kirkuk and other regional tensions contributed to the increase in prices.
Read More »Human Factor `Key in Industrial Safety`
Saudi Aramco participated as a strategic partner in the event.
Read More »Saudi Non-Oil Revenues up 80% as Reforms Pay Off
The former statistic highlights ``the feasibility of the economic reforms`` underway.
Read More »IEA: India Became Third Largest Nation for Energy Investment in 2016
China remained the largest destination of energy investment. taking 21% of the global total.
Read More »Statoil Seeks Partnership with Adnoc
The Norwegian government supports R&.D with financial incentives.
Read More »Spending Discipline. Higher Oil Revenues to Narrow Saudi Fiscal Deficit
Short term improvement in oil prices may slowdown fiscal reforms.
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.
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