Tag: Oil
Saudi Arabia will emerge as the top global player in the...
Saudi Arabia’s oil market share will reach its highest since the 1980s in this decade, says a report from J.P.Morgan. The exponential decrease in...
OPEC+ makes bold choice to prolong oil production cuts till the...
The Organization of the Petroleum Exporting Countries (OPEC) along with Russia and allies who are collectively referred to as OPEC+ have agreed to continue...
Malaysian Oil Corporation Petronas’ CEO Wan Zul leaves amid low demand
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) is expected to have a new leader soon as current President and CEO Tan Sri Wan...
Global Oil prices rise by 5% ahead of scheduled OPEC+ meeting...
Crude oil futures rose today boosted by a report that major oil producers will gather tomorrow to review plans for extended production cuts along...
Oman green-lights own Investment Authority to manage state finances
Oman has given 'go-ahead' to its own Oman Investment Authority to keep and manage most of the nation’s sovereign wealth fund and finance ministry...
Kuwait to halve its migrant population to redress the demographic imbalance
The Prime Minister of Kuwait, Sheikh Sabah Khalid Al Hamad Al Al-Sabah has asserted that the country's migrant population requires to be decreased to...
Oil and Gas veteran Total acquires 51% stake in UK Seagreen...
French oil and gas veteran organization company Total has acquired a 51 percent stock from utility SSE in the construction of a massive wind...
ADNOC closing landmark deal to sell 49% stake in pipeline business
Abu Dhabi National Oil Co. - ADNOC is closing in on a deal with investors supported by Global Infrastructure Partners and Brookfield Asset Management...