The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petro-chemical group Sabic.
Read More »Aramco and Sabic Plan `Discovery Phase` to Unlock Savings after Merger
Sabic was formed in the 1970s to make use of byproducts from refineries.
Read More »Aramco Building Global Gas Business to Cut Carbon Footprint
Aramco’s gas expansion strategy needs $150 billion of investment over the next decade.
Read More »Saudi Arabia will Tender Solar Plant in Makkah
Saudi Arabia earlier this year awarded a contract to develop its first wind project.
Read More »LNG. Qatar`s Leverage in Economic and Political Boycott
Qatar is the global LNG exporter leader and has the world’s largest LNG liquefaction capacity.
Read More »UAE Expects 70 Energy Ministers to Attend Abu Dhabi World Energy Congress
18 ministers had already confirmed they would attend the event.
Read More »Iran will Launch New Development Phases of South Pars Gas Field
Iran’s daily gas production from the field now exceeds that of Qatar.
Read More »Saudi Arabia will Cut Oil Exports in April
Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.
Read More »Saudi Arabia will Cut Oil Exports in April
Saudi Arabia is demonstrating extraordinary commitment to accelerating market rebalancing.
Read More »No OPEC+ Output Policy Change until June
China and the U.S. would lead healthy global demand for oil this year.
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