Coronavirus, oil price war take its toll on African oil producers
Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession...
Tag : Aramco
Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...
Adnoc to supply over 4 mn bpd from April as global oil price plunges
The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030...
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...
CEO: No secondary listing of Aramco shares to take place for a year
An international listing will be discussed by Aramco, but not at this point of time...
Saudi Arabia issues new digital banking guidelines
The guidelines complement SAMA’s banking licensing guidelines and minimum criteria...
Adnoc to invest upto Dh1.5 bn to set up 60 new gas stations in Dubai
Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company...
Saudi Aramco buys shares in blockchain oil trading company Vakt
Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia...
Saudi Arabia to pump Aramco IPO proceeds into its economy
Around $30 bn will be invested in different sectors over the years including defence...
Investor appetite pushes Aramco valuation to $1.88 tn
Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday...