FeaturedOil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Aramco slashed its selling price for Asian buyers by $4.20 per barrel... Read more
FeaturedOil & GasAramco mulls selling pipeline stake to raise cashInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic... Read more
FeaturedOil & GasCoronavirus, oil price war take its toll on African oil producersInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession... Read more
FeaturedOil & GasAramco to cut refinery runs to sustain high oil output through MayPritam BordoloiMarch 20, 2020 by Pritam BordoloiMarch 20, 2020 Aramco to continue supplying crude at a record rate of 12.3 bpd... Read more
FeaturedOil & GasAdnoc to supply over 4 mn bpd from April as global oil price plungesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030... Read more
FeaturedOil & GasAramco to increase crude production amid price warPritam BordoloiMarch 11, 2020 by Pritam BordoloiMarch 11, 2020 The company will increase production by 300,000 barrels per day... Read more
FeaturedOil & GasCEO: No secondary listing of Aramco shares to take place for a yearPritam BordoloiFebruary 26, 2020February 26, 2020 by Pritam BordoloiFebruary 26, 2020February 26, 2020 An international listing will be discussed by Aramco, but not at this point of time... Read more
BankingFeaturedSaudi Arabia issues new digital banking guidelinesPritam BordoloiFebruary 26, 2020 by Pritam BordoloiFebruary 26, 2020 The guidelines complement SAMA’s banking licensing guidelines and minimum criteria... Read more
FeaturedOil & GasAdnoc to invest upto Dh1.5 bn to set up 60 new gas stations in DubaiInternational FinanceFebruary 13, 2020March 18, 2020 by International FinanceFebruary 13, 2020March 18, 2020 Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company... Read more
FeaturedTechnologySaudi Aramco buys shares in blockchain oil trading company VaktPritam BordoloiJanuary 29, 2020February 3, 2020 by Pritam BordoloiJanuary 29, 2020February 3, 2020 Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia... Read more