FeaturedOil & GasBahrain to develop new oil reserves in the Khalij Al Bahrain basinPritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 Bahrain will invite oil companies to explore the 2,000 sq km oil and deep gas resources... 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 & 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 awards contracts worth $1.65 bn for gas development projectsPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The contracts are awarded to Petrofac and a JV between Petrofac and Sapura Energy... 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 & Gas2030: Adnoc to cut greenhouse gas emissions by 25%Pritam BordoloiFebruary 11, 2020February 11, 2020 by Pritam BordoloiFebruary 11, 2020February 11, 2020 ADNOC is already among the five lowest carbon emitters in the oil and gas industry... Read more
FeaturedOil & GasAdnoc’s $15 bn pipeline sale attracts BlackRock, KKRPritam BordoloiJanuary 30, 2020 by Pritam BordoloiJanuary 30, 2020 Adnoc plans to sell a 49% stake in its natural gas pipeline unit for $15 bn... Read more
EconomyFeaturedSaudi Arabia to pump Aramco IPO proceeds into its economyPritam BordoloiJanuary 22, 2020January 22, 2020 by Pritam BordoloiJanuary 22, 2020January 22, 2020 Around $30 bn will be invested in different sectors over the years including defence... Read more