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If the US$2-trillion valuation becomes a reality. the IPO could bring in US$100 billion. which would make Aramco’s IPO the biggest in history.
Read More »The Biggest IPO in History to Be Delayed
Qatar Says It`s Fulfilling Oil and Gas Deals Despite Gulf Crisis
Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.
Read More »Is Russia Pushing Saudi Arabia Out of Asia?
The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
Read More »First Floating Offshore Wind Farm Takes Shape
Statoil has a 75% stake in the project. with the remaining 25% owned by Masdar.
Read More »Russia. Saudi Arabia Discussed Extending OPEC-Led Deal. No Decision
Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.
Read More »France`s Total to Invest $2bn in Qatar`s Al-Shaheen Oilfield after Stake Award
State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »Total to Sell Its Interest in Gina Krog Oil Field
Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.
Read More »Construction of 100 Km of Offshore Pipeline Completed for South Pars
Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.
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