Tag Archives: Investment

Aramco has appointed JPMorgan Chase &. Co and Morgan Stanley to advise on the SABIC deal.

Gazprom has invested tens of million dollars at sensitive oil and gas fields.

JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.

Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.

This week. Iran announced that it had developed its first national encrypted key. based on blockchain technology.

China’s economic growth eased in the second quarter of this year to 6.7 percent.

China’s crude oil production dropped by 2.3 percent on the year in June.

Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.

Shell and BP predict oil consumption may flat line in the mid-2030s.

The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.