Saudi is also leaning on friendly governments to drum up demand for the listing
Collections worth $230m came in from its operations in Egypt, the UAE and Kurdistan region of Iraq
The platform will reportedly be based in Abu Dhabi’s financial district and operated by Intercontinental Exchange
Many Saudis have said they’ve been saving up to buy into the industry
Abu Dhabi’s ADNOC has discovered new oil and gas reserves
Everyone is being encouraged to invest in the kingdom’s most important asset
ADNOC will lift destination restrictions on the sales of Murban crude futures
The IPO process officially started Sunday, with the company filling a so-called intention to float document
ADNOC Distribution scrapes Dhs10 fee for having assistance while refuelling vehicles
The final offer price, number of shares to be sold and percentage of the shares to be sold is yet to be determined
Aramco’s shares are likely to start trading in December
Aramco is also considering boosting next year’s dividend to $80bn to win over investors
If it joined, Brazil could become OPEC’s third-biggest producer after Saudi Arabia and Iraq
The project is owned by a joint venture between JinkoSolar, Japan’s Marubeni Corp. and the Abu Dhabi Water & Electricity Authority
The initial public offering will happen soon, says energy minister
Standard Chartered Plc and Banque Saudi Fransi are advising on the talks with local and international lenders
A majority in the survey conducted felt that energy manufacturing should be a shared responsibility of the government and private sector
Nigeria is holding talks with Saudi Arabia for the supply of oil products to the African country
Petrol prices are linked to movements in international oil rates, which have seen strong volatility
It also reported that Saudi Arabia’s Capital Markets Authority will announce the start of the initial public offering process on Sunday
Dr. Sacha Parneix dissects the complex world of energy diversification – and what is coming ahead in the region
Kuwait Petroleum may reduce its long-standing goal of reaching four million barrels of daily capacity by 2020
Masdar tendered the lowest bid for the Navoi-based solar project
The state-owned oil producer is considering making a formal announcement of the listing plan as soon as the next few weeks
Acquisition in line with its plans to grow regionally
The outlook for what could be the largest IPO ever is likely to dominate the Future Investment Initiative at the end of the month
The neutral zone hasn’t produced anything since the fields were shut after spats between the two countries in 2014 and 2015
A listing of the oil giant is unlikely before December or perhaps January
The last oil price downturn marked a sea change in strategic thinking
Three big oil-forecasting agencies all see global oil inventories building in the first half of next year