Abu Dhabi approves ADNOC $122 billion capex for 2021-2025 The SPC also approved the awarding of a second round of exploration blocks and announced the discovery of 2 billion barrels […]
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Goldman says Saudi peg ‘here to stay,’ though at cost to economy
Goldman says Saudi peg ‘here to stay,’ though at cost to economy Goldman said the government’s fiscal plans will likely help the current account return to surplus next year and […]
China set to eclipse America as world’s biggest oil refiner
China set to eclipse America as world’s biggest oil refiner The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows […]
OPINION: Oil prices anticipate tight market by mid-2021, says Kemp
OPINION: Oil prices anticipate tight market by mid-2021, says Kemp Falling inventories are likely to herald a tighter production-consumption balance and a cyclical upswing in both spot prices and calendar […]
Blast hits natural gas pipeline in Egypt’s North Sinai
Blast hits natural gas pipeline in Egypt’s North Sinai Witnesses said flames and thick plumes of smoke rose from the pipeline, describing the scene from vantage points in and around […]