Saudi Aramco expects high profits after finishing strong in the first half
Experts forecast that Aramco might see a net income of $23.7 bn...
Category Oil and Gas
Iraq signs deal with Lebanon to supply 1 mn tons of fuel
The country is going through an economic crash that is threatening its...
OPEC+ to boost oil output by 400,000 barrels a day each month till Dec 21
The deal will also boost the oil output of regions like UAE,...
Saudi Aramco to raise billions from asset sales
Saudi Aramco raised around $12.4 bn by selling the leasing rights over...
GBO
Magazine
Aseer’s growth engine accelerates
Kuwait cancels the $2 bn Jurassic gas project
The move is being made to cut down on the capital expenditure...
Oil surges to 2018 highs forth OPEC+ meeting
The dispute between Iran and the US over a nuclear deal is...
Aramco sells $12.4 bn stakes in pipeline unit to EIG-led consortium
The consortium represents a broad section of investors from North America, Asia,...
Re-labelled Venezuela crude worth $3.5 bn enters China in 12 months
The fuel taxes can upend the flow of the sanctioned crude to...
CNPC cuts 6% methane emission intensity in 2020
The oil giant had pledged to reduce methane emissions by 50% by...
ADNOC signs sales agreement with UAE firms
The long-term agreement has been signed with Emirates Steel and Arkan...