The offering to institutional investors. expected to raise about two thirds of the offering. closes on Dec 4.
Read More »Qatar Targets 64% Jump in Capacity by 2027
Qatar'.s plan for a 64 per cent increase in LNG capacity is likely to intensify a global glut in the fuel.
Read More »World’s Largest Solar Power Plant Project to Rise in Abu Dhabi
Once operational. the plant will lift Abu Dhabi’s solar power capacity to around 3.2 GW.
Read More »Saudis Unlikely to Push for Deeper OPEC Cuts
The 177th Meeting of the OPEC Conference is expected to be held December 5. 2019.
Read More »The Aramco IPO Impact OPEC
Most analysts have pointed out that there are some major issues with the company’s financials. its valuation and possible returns for the Kingdom.
Read More »Qatar will Join Gulf Producers in Oil-Price Formula Overhaul
Qatar Petroleum is also planning to set its official selling prices at a differential to regional benchmark grades such as Dubai and Oman.
Read More »Oman Eager to Boost Ties with Iran
Omani Ambassador to Tehran Saud bin Ahmad Khalid al-Barwani said on Tuesday that his country is eagerly to broaden economic ties with Iran.
Read More »Saudi Aramco Stock could Price at Volatile Time for the Oil Market
Some traders expect the agreed cuts of 1.2 million barrels a day to be increased.
Read More »EU Clears Saudi Aramco and Hyundai Heavy Industries Joint Venture
The Commission said it would not raise any competition concerns because the joint venture will not be active in the European Economic Area.
Read More »Saudi Aramco will Offer $1bn in Shares to Staff
Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from November 17.
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