Mexico to introduce world’s largest oil hedge programmeInternational Finance DeskSeptember 6, 2019December 17, 2019 by International Finance DeskSeptember 6, 2019December 17, 2019 Delay in this year’s hedge was because of increased volatility and changing prices in Mexico’s flagship Maya crude... Read more
New Aramco chairman takes charge, assures transparencyInternational Finance DeskSeptember 5, 2019December 17, 2019 by International Finance DeskSeptember 5, 2019December 17, 2019 Yassir Al Rumayyan’s appointment is a clear indication that Saudi Arabia is fast-tracking a local listing of Aramco... Read more
Aramco replaces chairman with sovereign wealth fund chiefInternational Finance DeskSeptember 3, 2019December 17, 2019 by International Finance DeskSeptember 3, 2019December 17, 2019 Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO... Read more
Saudi Aramco favours Tokyo for international listing of its IPOInternational Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 London and Hong Kong, considered previously for the listing, have been eliminated owing to political uncertainties... Read more
Indonesia’s Pertamina to expand overseas in 2020International Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 The oil and gas firm’s total budget to include funds required for expansion in Algeria and Iraq... Read more
Qatar Petroleum, Total to explore offshore Namibia blocksInternational Finance DeskAugust 29, 2019December 17, 2019 by International Finance DeskAugust 29, 2019December 17, 2019 While Qatar Petroleum will hold a 30% participating interest, Total will hold 40%... Read more
Petrobras privatisation attracts oil giants Aramco and PetroChinaInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 The privatisation of eight Petrobras’ refineries could raise around $18 bn... Read more
Kenya to export first ever oil consignment worth $12 mnInternational Finance DeskAugust 26, 2019December 17, 2019 by International Finance DeskAugust 26, 2019December 17, 2019 ChemChina buys 200,000 barrels of crude oil from Kenya, to be shipped from the Mombasa port... Read more
The Philippines signs oil and gas deal with ChinaInternational Finance DeskAugust 26, 2019December 17, 2019 by International Finance DeskAugust 26, 2019December 17, 2019 Discussion regarding the maritime disputes between the two countries will be held next week... Read more
US asks China to keep hands off Vietnam’s oil and gasInternational Finance DeskAugust 23, 2019December 17, 2019 by International Finance DeskAugust 23, 2019December 17, 2019 China coercing Vietnam to end collaboration with Russian, US, and other international oil firms... Read more