Saudi Exchange Ready For Aramco Listing
Saudi Arabia’s stock exchange Tadawul is experiencing an influx of foreign funds and expects even more in the future, confident that this will enable the bourse to accommodate the listing Continue Reading
How Saudi Arabia’s Tiny Exchange Is Preparing to Host the World’s Biggest IPO
Saudi Arabia’s meager stock exchange hosts around 191 companies whose value totals roughly $500 billion, or a little more than half the value of Apple Inc. With one more very Continue Reading
Iraqi Court To Hear Oil Export Argument With Kurds In May
Normalizing relations between the Iraqi central government and Iraqi Kurdistan will take a new twist beginning in May when Iraq’s top court starts hearings on the issue with officials from Continue Reading
Kurdistan oil lawsuit moves forward
Iraq’s Federal Supreme Court will finally hear a six-year-old case on the fundamental constitutional conflicts that underpin Baghdad-Erbil oil disputes. Iraq’s highest judicial authority will soon hear a long-delayed case Continue Reading
OPEC member Iran boasts of nuclear capacity
As the U.S. president mulls the fate of a deal that curbed Iran’s nuclear ambitions, the OPEC member’s president said Monday the program is accelerating. “Our nuclear industry is moving Continue Reading
Venezuela stopped bond payments in September
Venezuela stopped paying bondholders in September, according to central bank data, contradicting statements by President Nicolás Maduro that the county would continue to hhonorits debts while negotiating a resettlement with Continue Reading
Exxon’s Favorable Guyana Oil Deal Won’t Happen Again
The International Monetary Fund (IMF) is calling on the authorities of Guyana to revamp their tax laws for future oil contracts to protect themselves from unbalanced exploitation after massive Exxon Continue Reading
Sinopec to cut Saudi crude imports for May in response to high…
China’s Sinopec, Asia’s largest refiner, plans to cut Saudi crude oil imports loading in May by 40 percent after national oil company Saudi Aramco set higher-than-expected prices, an official from Continue Reading
Canadian shale drawing super-major interest
The acquisition of drilling rights in thousands of acres in British Columbia by one of the world’s biggest companies is a testament to its potential, Calima Energy said. Conoco Phillips Continue Reading
Disaster Hits Canada’s Oil Sands
Kinder Morgan said it would halt nearly all work on a pipeline project that is crucial to the entire Canadian oil sands industry, representing a huge blow to Alberta’s efforts Continue Reading