Tag Archives: Saudi Arabia

Both the local and global firms are keen to form consortiums for the coveted project.

In Europe. American infringement of Russian dominance in gas markets is even clearer.

The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.

Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.

Saudi Arabia has been making contingency plans for a possible delay of the IPO. expected to be the largest in history.

Iran is growing its production. as it was allowed to pump an additional 90.000 bpd based on its October production level under the OPEC cut deal.

In recent years. several nations opposed to the dollar being the world'.s reserve currency have progressively sought to try and abandon it.

Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.

OPEC is to meet in November to discuss a possible extension of the deal beyond March.

Saudi Aramco’s commitment to invest in India’s energy sector comes in the wake of the complete removal of subsidy and administered pricing of auto fuel since October 2014.