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The attack by Yemeni forces last month shut down 5.7 million bpd of Saudi Arabia’s oil production.
Read More »Yemeni Attack on Aramco Facilities Costs Saudi $2bn Worth of Oil Output
US Sanctions Hit Global Oil Fleet
VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.
Read More »Aramco IPO could Break Records
The Aramco IPO will undoubtedly raise an enormous amount of capital. and prospects look good for the immediate future.
Read More »Big Oil are Poised to Do a Record Number of Clean Energy Deals
Investment in upstream oil and gas projects tends to be high-return but risky.
Read More »Attacks had no Impact on IPO Plans
Saudi Arabia is pressing ahead with plans to sell between 1 percent and 2 percent of Aramco through a local listing.
Read More »Saudi Arabia Remains South Korea’s Top Oil Supplier
The US has seen an increase in its oil supply to South Korea.
Read More »US will Help Secure Baltic Energy Grid against Cyber-Attacks
Lithuania. Latvia and Estonia are on track to integrate into the European energy grid by 2025.
Read More »WoodMac Anticipates ExxonMobil’s Divestment Targets in Asia Pacific
The bigger challenge facing ExxonMobil is availability of buyers.
Read More »Gazprom Builds Small-Sized Thermal Power Plant in Romania
The size of the plant is at least three times the size of similar plants operated by OMV Petrom in Romania.
Read More »Qatar Seeks Big Players for Gas Expansion
Qatar is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently.
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