Russia’s Gazprom exploring undersea gas pipeline to South AsiaInternational Finance DeskDecember 9, 2019January 24, 2020 by International Finance DeskDecember 9, 2019January 24, 2020 The pipeline will begin from the Persian Gulf and stretch up to Pakistan, India, and Bangladesh... Read more
Petrobras’ equity value to increase by 45% by 2021Pritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019 The Brazilian oil giant is planning to cut costs and divest its non-core assets... Read more
FIIs account for only 10.5% of Aramco sharesPritam BordoloiDecember 3, 2019 by Pritam BordoloiDecember 3, 2019 Overall institutional investors put in bids worth $38 bn for Aramco IPO... Read more
Aramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more
Abu Dhabi mulls over $1.5 bn Aramco investmentPritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 The investment will be made through Abu Dhabi’s state-owned entities... Read more
Saudi Aramco lures investors in Dubai for IPOPritam BordoloiNovember 25, 2019January 24, 2020 by Pritam BordoloiNovember 25, 2019January 24, 2020 The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia... Read more
Petrobras to become world’s largest oil producer by 2030Pritam BordoloiNovember 21, 2019January 24, 2020 by Pritam BordoloiNovember 21, 2019January 24, 2020 Currently, Petrobras is the third largest oil producer in the world with an output of 2.2 mn bpd... Read more
Adnoc eyes $45 bn downstream investment in India, ChinaPritam BordoloiNovember 15, 2019January 24, 2020 by Pritam BordoloiNovember 15, 2019January 24, 2020 The oil giant is also looking to develop refining and petrochemical facilities in the UAE... Read more
Aramc to sell 0.5% shares to individual investorsPritam BordoloiNovember 11, 2019 by Pritam BordoloiNovember 11, 2019 The Saudi government will have a lock-in period of a year on further share sales after the IPO... Read more
Brazil oil auction fails to achieve the $26 billion targetPritam BordoloiNovember 7, 2019 by Pritam BordoloiNovember 7, 2019 Petrobras acquired 90% of the Buzios oil field, China’s CNOOC and CNODC acquired the other 10%... Read more