Aramco IPO opportunity for Chinese investment: Bernstein Prince Salman scheduled to attend Group of 20 Summit in China China and Japan, Saudi Arabia’s biggest oil buyers in Asia, are preparing Continue Reading
WASHINGTON — Hillary Clinton and Donald Trump do not agree on much, but Saudi Arabia may be an exception. She has deplored Saudi Arabia’s support for “radical schools and mosques Continue Reading
Two weeks ago, news broke that the International Monetary Fund had reached a “tentative” agreement with Egyptian officials regarding a $12 billion loan that the Washington-based pool would pay out Continue Reading
Venezuela has not been able to import all the crude and fuel it needs this year to cover shortfalls at oilfields and refineries as state-run PDVSA struggles to pay suppliers Continue Reading
China’s struggling oil sector has entered a challenging new phase: long-term decline of its domestic production. Oil production in China likely peaked last year at around 4.3 million barrels a Continue Reading
Oil shipping China’s state-owned oil companies have been beaten down by low oil prices and stagnant demand at home. PetroChina and Cnooc reported dismal earnings this week, and offered little Continue Reading
Anyone who has ever tried to start a car in -40?C weather knows the challenges of living in the true white north. Oil becomes almost solid, and all the tried Continue Reading
Under a prepackaged reorganization plan, Key Energy Services has filed for Chapter 11 bankruptcy – the latest oilfield services company to succumb to the ravages of the oil price downturn. Continue Reading
More than $11 billion of transactions were announced in July Sellers and buyers now finding consensus on asset valuations Multibillion-dollar oil and gas deals are back on the table. More Continue Reading
California will extend its landmark climate change legislation to 2030, a move that climate specialists say solidifies the state’s role as a leader in the effort to curb heat-trapping emissions. Continue Reading
