Saudi Arabia is set to raise $11 billion with a triple-tranche dollar bond, while Qatar is meeting global investors ahead of its first appearance in the debt markets since the Continue Reading
The chief executive of Total SA on Tuesday confirmed the French oil major intends to enlarge its refinery joint venture with state oil giant Saudi Aramco. “We are planning to Continue Reading
The state-owned oil company in Abu Dhabi said it opened its first bidding round to gain access to billions of barrels of oil and trillions of cubic feet in gas. Continue Reading
Since the ousting and subsequent killing of Muammar Gaddafi in 2011, Libya’s oil production has remained below capacity. With the lingering effects of civil war, the country which is a Continue Reading
Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly Continue Reading
Exxon Mobil Corp. XOM 2.94% is in talks with Qatar over a partnership that could see the Middle Eastern nation owning U.S. gas, people familiar with the matter said. The Continue Reading
Oil slicks in the Basra Gulf reveal that Iraq’s export ambitions may be putting too much pressure on outdated pipelines. Iraqi Deputy Oil Minister Karim Hattab inspects the Khor al-Amaya Continue Reading
Despite the fact that Nigeria as a whole managed to increase and stabilize its crude oil production last year, crude oil theft on Shell’s pipeline network resulted in a 50-percent Continue Reading
No fewer than 45 vessels are expected to berth at Lagos ports in two weeks, with 15 of such vessels laden with Premium Motor Spirit (PMS), otherwise known as petrol.Vessels Continue Reading
Mexican national oil company Pemex is currently processing about 9 percent more crude oil at its domestic refineries than it did in 2017, Chief Executive Officer Carlos Trevino said on Continue Reading
