Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.
Read More »Aramco Unlikely to Reduce Oil Exports to West after Houthi Attack
Oil producer has alternative channels to transport crude to its customers in Europe.
Read More »JPMorgan. Morgan Stanley to Advise on Aramco`s Sabic Deal
Aramco pumps around 10 million bpd of crude oil.
Read More »Aramco Looking for SABIC Controlling Stake
Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).
Read More »Sabic Deal would Affect Aramco`s IPO Timeline
The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.
Read More »Russia Exerts Oil Stocks to Boost Crude Production
Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.
Read More »BMI Revised Forecasts for Saudi`s Economy
GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.
Read More »Global Peak Oil Demand Expected in 2036
The global oil and gas industry has significantly increased the pace at which new projects are brought to peak production levels.
Read More »Saudi Aramco is Looking to Buy a Stake in World`s No. 4 Chemical Firm
Aramco’s push into chemicals also includes a mega project it is building at home with SABIC.
Read More »Saudis Offer Extra Oil in Asia as OPEC Leader Pumps More
Saudi Arabia’s compliance with OPEC’s output-cut deal fell to 26 percent in June.
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