Energy
Saudi Aramco Bond Debut Raises $12bn Amid Record Demand
Middle East Business News - Published date: .
Demand for Saudi Aramco's debut offering was so robust it allowed the energy giant to borrow at a lower yield than its s... Read more
Saudi Aramco Bond Sale Said To Attract Record $92bn Demand
Middle East Business News - Published date: .
Source says state oil giant is set to bump up bond to $12bn following heavy demand Read more
$10bn Saudi Aramco Bond Sale To Close On Wednesday
Middle East Business News - Published date: .
International investors have so far made bids totalling three times the value of the bonds, says Saudi minister Read more
Interest In Saudi Aramco Bond Sale Said To Reach $26bn
Middle East Business News - Published date: .
State-owned oil giant drums up support for its debut offering at presentations in New York, Chicago, Singapore and Tokyo Read more
Saudi Aramco Said To Plan $10bn Bond Next Week
Middle East Business News - Published date: .
Sources say state oil giant could issue its first international bond to help fund acquisition of Sabic stake Read more
Saudi Aramco May Raise Up To $15bn In Debut Foreign Bond
Middle East Business News - Published date: .
The world's biggest oil producer may sell the bonds in the first half of the year Read more
Dubai's Empower Eyes Expansion After $410m Loan Deal
Middle East Business News - Published date: .
District cooling giant says will use the funds to expand capacity and district cooling infrastructure in Dubai projects Read more
Saudi Aramco Refinery JV Said To Hire Adviser On Funding
Middle East Business News - Published date: .
Sources say financing for the $5bn Amiral project is expected to be arranged from banks and export credit agencies Read more
Saudi Aramco Set To Sell $10bn Bond To Fund Sabic Acquisition
Middle East Business News - Published date: .
Saudi Aramco is in talks to buy 70% of Sabic from the Public Investment Fund, which could cost about $70bn Read more
Bahrains Huge Find Could Hold Up To 600m Recoverable Barrels
Middle East Business News - Published date: .
Investment and technical capabilities could pose a challenge, analyst says Read more
RAK Government Launches Petroleum Licensing Round
Middle East Business News - Published date: .
The Licensing Round is being supported by RAK’s national oil company, RAK Gas Read more
Bahrain Announces Largest Oil Discovery Since 1932
Middle East Business News - Published date: .
Find contain highly significant quantities of shale oil, deep gas Read more
US Could Become The Worlds Top Oil Producer Due To Shale Output
Middle East Business News - Published date: .
Production could touch 11.4m barrels per day in 2019 Read more
Iraq Brings Forward Awarding Of New Oil Contracts To April 15
Middle East Business News - Published date: .
The new contracts will exclude oil by-products from the companies’ revenues Read more
Coal Generator That Trump Tried To Save Files For Bankruptcy
Middle East Business News - Published date: .
The company had already announced plans to shut three nuclear plants in the PJM region and has closed several coal-fired... Read more
Adnoc Awards $3.5b Worth Of Contracts To Samsung Engineering
Middle East Business News - Published date: .
Company plans to boost petrochemical production to 14.4m tonnes per annum by 2025 Read more
An Anniversary Of Destruction And Crippling Misdeeds
Middle East Business News - Published date: .
For the Iraqi oil industry, there is nothing to offer up any hope for a better future Read more
China Seen Slowing Spending On Belt And Road Energy Projects
Middle East Business News - Published date: .
Beijing has invested about $128b in energy projects in Belt and Road countries since 2001 Read more
Mubadala Signs New Deal With Eni For Egypt Concession
Middle East Business News - Published date: .
Mubadala Petroleum acquires 10 per cent interest in the Shorouk Concession Read more
Eni Becomes First Italian Company To Win Abu Dhabi Offshore Concession
Middle East Business News - Published date: .
Italian company contributes a participation fee of Dh2.1b to enter the Umm Shaif and Nasr concession and a fee of Dh1.1b... Read more