Oil & GasQatar may build LNG terminal in South AfricaPritam BordoloiSeptember 26, 2019December 2, 2019 by Pritam BordoloiSeptember 26, 2019December 2, 2019 This follows PetroSA revealing its Mossel Bay refinery will run out of gas by end of 2020... Read more
Oil & GasSaudi Arabia joins US-led maritime coalition to protect oil shippingInternational Finance DeskSeptember 19, 2019November 4, 2019 by International Finance DeskSeptember 19, 2019November 4, 2019 Currently, the US, the UK, Bahrain and Australia are the only member countries of the task force... Read more
Oil & GasSouth Africa enacts new oil and gas law, fixes 10% government ownershipPritam BordoloiSeptember 17, 2019November 4, 2019 by Pritam BordoloiSeptember 17, 2019November 4, 2019 The new law will also give South Africa’s government the right to 10% production at no cost... Read more
Oil & GasMexico’s Pemex launches tender offer to prepay $5 bn in bondsPritam BordoloiSeptember 13, 2019November 4, 2019 by Pritam BordoloiSeptember 13, 2019November 4, 2019 Pemex is now the world’s most heavily indebted oil company with $104 bn in debt... Read more
Oil & GasMexico 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
Oil & GasNew 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
Oil & GasAramco 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
Oil & GasSaudi 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
Oil & GasIndonesia’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
Oil & GasQatar 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