Saudi oil exports in February fall to 21-month low

April 20, 2017 0

Saudi Arabia, the world’s largest crude exporter and the biggest contributor to the OPEC output cut deal, has trimmed its crude exports to a 21-month low in February, Kallanish Energy learns from the Joint Organisations Data Initiative (JODI) website.

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Saudi Aramco appoints banks to advise on share sale

April 3, 2017 0

Saudi Arabia's state-owned oil giant Saudi Aramco has formally appointed JPMorgan Chase, Morgan Stanley and HSBC as international financial advisers for its initial public offering, sources familiar with the matter told Reuters.

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MENA energy investment outlook: cautious optimism

March 23, 2017 0

Total energy investment in the Middle East and North Africa (MENA) could approach $1 trillion over the next five years, according to the latest MENA Energy Investments Outlook, published by the Arab Petroleum Investments Corp. (APICORP).

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China’s CIC, CNPC eyeing Aramco IPO: sources

March 17, 2017 0

China’s sovereign wealth fund, CIC, and the state-oil firm CNPC are reportedly in talks with Saudi Arabia over a stake in the planned flotation by Saudi Aramco, expected to be the largest in the industry.

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Kuwait wants production cuts continued

March 16, 2017 0

Kuwait wants OPEC to extend production cuts beyond June, becoming the cartel’s first member to call for more time to balance the global oil market as the rally that boosted prices initially on the curbs has faded.

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