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ARAMCO SIGNS $11BN GAS DEAL WITH BLACKROCK-LED GROUP.
Saudi Aramco has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium led by Global Infrastructure Partners (GIP), part of BlackRock.
- 12 months
CHINESE REFINER DOUBLES CRUDE OFFTAKE FROM UAE.
China’s Zhenhua Oil is set to double its oil offtake from Abu Dhabi National Oil Company (Adnoc) to 200,000 barrels per day (bpd) after taking on a new role leading development of one of the exporter’s top oilfields, three Chinese industry sources said.
- 12 months
AS SUMMER DEMAND ENDS, OIL MARKET SHIFTS TO OVERSUPPLY.
Discover the standout companies, projects, and leaders named as finalists for the Oil & Gas Awards: Saudi Arabia 2025, celebrating innovation and excellence in the Kingdom’s energy sector.
- 12 months
SHORTLIST ANNOUNCED FOR OIL & GAS SAUDI AWARDS
Discover the standout companies, projects, and leaders named as finalists for the Oil & Gas Awards: Saudi Arabia 2025, celebrating innovation and excellence in the Kingdom’s energy sector.
- 12 months
EXPORTS OF OIL PRODUCTS BY INDIA’S PRIVATE REFINERS UNDER U.S. PRESSURE AND GLOBAL SCRUTINY.
India’s private refiners are once again in the crosshairs of global energy politics. Following fresh European Union sanctions and heightened U.S. pressure over crude purchases from Russia, the world’s most populous nation faces a balancing act between lucrative fuel exports and mounting geopolitical risks. As private giants Reliance Industries and Nayara Energy continue to ship millions of tons of refined products abroad, questions are growing over how long India can maintain this trade without facing further restrictions or retaliatory tariffs from the West.
- 12 months
OIL PRICES SEEN SLIPPING BELOW $60 BY YEAR-END, EIA WARNS.
After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s early shock in 2020, global crude prices are once again under pressure to decline.
- 12 months
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