Aramco plans to float around five per cent of the state-owned company in 2020 or 2021.
Read More »Iran. Largest Producer of Gasoline in Region. among OPEC Member States
The daily gasoline production volume of the country hit 110 million liters in June.
Read More »Mitsubishi Invests in UK Company to Bring Off-Grid Solar to Asia
The funding is further evidence of Japanese interest in Africa and in PAYG [pay as you go] solar energy globally.
Read More »China Adds Crude Oil to Tariffs List for First Time in Targeted Retaliation against US
Among Beijing’s latest punitive duties. it will impose a 5 per cent tariff on US crude oil from September 1.
Read More »Battle for Aramco IPO Heats up as Bourses vie for Supremacy
Aramco’s first attempt at a listing attracted a flurry of pitches from top global exchanges from New York to Tokyo seeking to host the listing.
Read More »Oil Dips amid Economic Concerns after US Fuel Stocks Build
US gasoline and distillate stockpiles rose more than expected last week.
Read More »N. Korea Continued Nuclear Program in 2018 in Yongbyon
The continuation and further development of North Korea’s nuclear program last year are clear violations of relevant UN Security Council resolutions.
Read More »India Strengthens Energy Tie-up with Gulf Region
Reliance Industries Limited (RIL). is to sell 20 percent of the ownership of its refining and petrochemical business to Saudi Aramco for $15 billion.
Read More »Smartest Mega Hydropower Station to Generate Electricity in 2020 in SW China
The hydropower station is the first dam in the world to fully use low heat cement.
Read More »China Might Not Buy American Oil
U.S. crude oil exports in total are up nearly 50% over a 12 month period.
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