Record Demand … $10.5 Billion in Initial Orders for Aramco Bonds
Saudi Aramco saw on Monday a strong demand in the first hours after the company offered indicative pricing for four-tranche…
Tag: Oil
OPEC+ Suspension of Oil Output Increase in First Quarter of 2026
OPEC+ countries have confirmed the suspension of the planned increase in oil production during the first quarter of 2026, as…
UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial…
Oil Extends Declines after Iraq, Kurds Agree to Restart Oil Pipeline
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional…
Saudi Aramco launches dollar sukuk with $200k min as debt push widens
Saudi Aramco has launched a new international sukuk offering, with a minimum subscription of $200,000, as the state oil giant…
Cuts to US Oil Jobs and Spending Threaten Output Growth
The US oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices…
Nigeria-Morocco Gas Pipeline Project Records Milestone as Officials Meet in Rabat
The Nigeria-Morocco Gas Pipeline project has reached major milestones with recent Technical and Steering Committee meetings held in Rabat as…
UK Court Rules Shell Liable for Legacy Oil Spills in Nigeria
Oil giant, Shell will now face a full trial in London’s High Court in 2027, over allegations that it was…
African Energy 2025 Upstream African Exploration
Amid Africa’s ongoing exploration and production surge, this year’s African Energy Week (AEW): Invest in African Energies conference will host…
OPEC+ Now Key Stabilizer of Oil Prices
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force…