With $5.9 bn assets, merged Sipchem and Sahara to target US, AsiaInternational Finance DeskMay 15, 2019 by International Finance DeskMay 15, 2019 The merged petrochemical company will rank second after Saudi Arabia’s Saudi Basic Industries... Read more
Number of nationals in Qatar oil and gas sector triples in two decadesInternational Finance DeskMay 9, 2019 by International Finance DeskMay 9, 2019 The number of Qataris occupying approved establishment positions in the energy sector also triples... Read more
TAQA to invest $1.2bn in acquisitions as part of 2021 transformation planInternational Finance DeskMay 7, 2019 by International Finance DeskMay 7, 2019 TAQA is in talks to acquire two firms in N America by end 2019 in an effort to boost its oilfield services business... Read more
Nigeria licences 43 new oil refineries, grants tax waivers to refinersInternational Finance DeskMay 3, 2019 by International Finance DeskMay 3, 2019 Two of the new Nigerian oil refineries that are of more than 7000 barrels capacity will be inaugurated next week... Read more
Malaysia oil and gas firm Barakah forays into Middle East with Saudi’s VallianzInternational Finance DeskApril 23, 2019November 13, 2019 by International Finance DeskApril 23, 2019November 13, 2019 The debt-ridden Malaysian company is seeking strategic alliances as part of a restructuring... Read more
Abu Dhabi fund’s $1.1 bn investment in pipelines to deliver ‘solid returns’International Finance DeskApril 15, 2019 by International Finance DeskApril 15, 2019 In a first for the UAE, a domestic institutional investor pumps capital into energy infrastructure... Read more
Trump’s executive orders to revive US energy sector and jobsInternational Finance DeskApril 12, 2019 by International Finance DeskApril 12, 2019 Trump’s orders are in line with the Republican strategy to increase US energy sector jobs... Read more
Shell, Sinopec to jointly explore new oil reserves in ChinaInternational Finance DeskApril 11, 2019 by International Finance DeskApril 11, 2019 Shell is one of the few international oil and gas explorers to venture into China’s shale oil discovery... Read more
Russia will decide OPEC oil cuts extension depending on the marketInternational Finance DeskApril 11, 2019 by International Finance DeskApril 11, 2019 President Putin said Russian companies have new plans to develop fields which “should be taken into account”... Read more
Big Oil to get access to vast Brazil crude reserves with Petrobras settlementInternational Finance DeskApril 10, 2019 by International Finance DeskApril 10, 2019 Oil reserves potentially double that of Norway open up for exploration by global oil majors with Petrobras ceding control... Read more