Tag Archives: Saudi Arabia

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.

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.

Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``

Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.

Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.

In July. Petronas scrapped a proposed C$36 billion ($29 billion) liquefied natural gas project in western Canada due to weak prices. in a blow to its global ambition.

The vessel’s arrival at the Huizhou terminal was celebrated by an Aramco Asia delegation together with representatives from CNOOC upper management.

Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.

During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.

The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.