(Bloomberg) –Saudi Aramco Energy Ventures, a unit of the kingdom’s energy company, is preparing to start a new fund this year after completing $500 million in...
(Bloomberg) –Gulf Arab energy companies took on marginally more total debt in 2019 compared with the previous year, but the increase was skewed by a surge...
In line with the Sultanate’s drive to support clean energy, Oman Oil Marketing Company (OOMCO) rolled out the first green service station in the Sultanate. The...
(Bloomberg) –Oil prices jumped back above $70 a barrel after Iran attacked two U.S.-Iraqi bases in its first response to the killing of its top general,...
(Bloomberg) –Oil rose on Monday but pared most of its earlier gains as investors took stock of the fact that there hasn’t been a supply disruption...
(Bloomberg) –Oil is set for a bumpy week as the U.S. warned Iran may attack Saudi Arabia again following the American assassination of one of the...
(Bloomberg) –Saudi Aramco’s status as an oil-producing behemoth located in one of the world’s most turbulent regions always marked it as likely to suffer bouts of...
(Bloomberg) –The risk to shipping in one of the world’s key oil-producing regions is set to rise following a U.S. airstrike in Iraq that killed a...
(Bloomberg) –Shares of Saudi Aramco have shot up 10% since its record-setting $25.6 billion initial public offering earlier this month. That’s got bearish traders wondering whether...
Dubai Mercantile Exchange (DME) announced that Kuwait Petroleum Corporation (KPC) will use the DME Oman Futures contract as a price reference for Kuwaiti crude oil exports...