The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.
Read More »Putin’s Masterstroke of Energy Diplomacy
Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.
Read More »Saudi Arabia`s `Game of Thrones` and Big Implications for Oil
Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.
Read More »Arrest of Saudi Aramco Board Member Casts Fresh Doubt over Oil Giant’s Listing
Alwaleed’s arrest will send shockwaves through the world’s major financial centres.
Read More »BP. Shell Lead Plan for Blockchain-Based Energy Trading Platform
The new venture is seeking regulatory approvals and would be run as an independent entity. the consortium said in a statement.
Read More »U.S. Oil Service Firms Face Hit from Venezuela Debt Restructuring
Schlumberger has about $700 million at risk. including receivables and a promissory note for past work.
Read More »Cost of TANAP Gas Pipeline Specified
TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey.
Read More »IDRO.Gazprom Ink MoU on Energy
Russian Energy Minister Alexander Novak had already said that Gazprom company intend to produce natural gas in Iran and then by constructing a pipe line for 1200 kilometers transfer the gas to India.
Read More »Total not Giving Up on Iran Gas Even as Trump Hardens Stance
Total has signed a deal to develop phase 11 of Iran’s giant South Pars field in July. pledging $1bn of investments.
Read More »Jam Petchem Co. in Talks with Linde. Technip
Upon signing the agreement. JPC will be provided with the much-needed technical know-how to raise ethylene output.
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