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Plans for the IPO were first announced in 2016 as part of Saudi Arabia’s Vision 2030 economic overhaul programme.
Read More »Aramco IPO. Saudi`s Last Resort to Lift Ailing Economy
OPEC Expects Oil Market Share to Diminish
US shale output is expected to reach 16.9 million bpd in 2024.
Read More »Abu Dhabi Adds 7 Billion Barrels of Oil to Its Reserves
The increase in the oil and gas reserves in the UAE makes the OPEC Middle Eastern producer 6th in both oil and gas reserves in the world.
Read More »Iran Installs Advanced Centrifuges at Natanz
Iran announced in July that its stockpiles of enriched low-grade uranium had exceeded the 300-kilogram limit set in the deal.
Read More »OPEC`s Market Share Shrinking for Years as Shale Triumphs
OPEC will remain under pressure from rising U.S. oil output.
Read More »Oil Keeps Positive Tone amid Economic Cheer
Saudi Arabia on Sunday finally kicked off Aramco’s long-delayed IPO.
Read More »Iran to Launch Three Satellites in Coming Years
Data gathered from the satellites could also have a major role in avoiding and managing natural disasters.
Read More »Oil Minister Sees more Output Cuts by OPEC at Next Meeting
Iran expects further production cuts to be agreed at the next meeting of OPEC in December.
Read More »Aramco’s IPO will Transform Saudi Arabia
IPO is a key cornerstone in Saudi Arabia’s strategic plans to transform and modernise its national economy.
Read More »Saudi Aramco IPO
The oil giant will issue the IPO prospectus on November 9.
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