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 & GasMubadala, OMW sign $4.68bn deal for Borealis acquisitionInternational FinanceMarch 13, 2020March 18, 2020 by International FinanceMarch 13, 2020March 18, 2020 OMV will acquire 39 percent of Mubadala's stake in Borealis through the partnership... 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 & GasAs global oil prices fall, Petrobras’ shares plungePritam BordoloiMarch 10, 2020 by Pritam BordoloiMarch 10, 2020 A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024... Read more
FeaturedOil & GasGlobal oil prices plunge as Saudi-Russia negotiations collapsePritam BordoloiMarch 9, 2020March 9, 2020 by Pritam BordoloiMarch 9, 2020March 9, 2020 Saudi Arabia decides to cut prices by nearly 10%... Read more
FeaturedOil & GasOil and Gas deals worth $76.46 bn signed globally in Q4 2019Pritam BordoloiMarch 2, 2020 by Pritam BordoloiMarch 2, 2020 Oil and gas deals worth $37.6 bn signed in the month of December alone... 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