Foreign Investors Secure Majority Stake in Aramco’s $11.2 Billion Share Sale
Saudi Arabia has successfully sold over half of its $11.2 billion secondary share offering in Aramco to foreign investors, marking a significant step in the…
Saudi Arabia has successfully sold over half of its $11.2 billion secondary share offering in Aramco to foreign investors, marking a significant step in the…
State-owned oil giant Aramco’s new public offering comes at a critical time for Saudi Arabia, as the kingdom seeks to attract investments to diversify its…
Oil giants TotalEnergies and Petrobras have decided to extend two oil fields in Brazil, TotalEnergies announced on Monday in a press release, noting its “strong…
TotalEnergies, the energy giant, announced on Thursday that it has achieved a total capacity of 2 gigawatts (GW) in renewable electricity production this week, enough…
The Portuguese oil and gas group Galp Energia has reached an agreement to sell a 10% stake in natural gas exploration projects in northern Mozambique…
TotalEnergies announced on Tuesday the launch of an offshore oil project off the coast of Angola, with production set to begin in 2028, aiming for…
In April, Russia maintained its position as China’s primary oil supplier for the 12th consecutive month, as per official data. Meanwhile, China’s imports from Saudi…
The export of Nigerian oil through the Beninese port of Sèmè has been authorized once again, announced Benin’s Minister of Mines, Samou Seidou Adambi on…
Saudi Aramco, the oil giant, reported a net profit of $27.27 billion in the first quarter, down 14.5% from the same period last year, due…
The 2022 energy crisis has created uncertainty about global energy security. However, it has not been all negative, as the financial results of many oil…