ADNOC will remain wholly owned by one single shareholder – the Abu Dhabi government
Allowing China to buy 5 per cent of Aramco would effectively mean cancelling the planned IPO
The US has hardened its stance on a nuclear deal with Iran
The single brand aims unite ADNOC’s group of companies to highlight the scale of its business
Aramco dismissed the report as “entirely speculative” on Twitter
Global demand for crude is expected to stay at 1.4 million bpd in 2018
The new station aims to lead to a larger-scale deployment of fuel cell electric vehicles
The Mukhaizna heavy oil field had an average oil production rate of 127,000 bpd in 2016
Saudi is planning to have 17.6GW of nuclear-powered generating capacity by 2032
The 350,000-barrels-per-day pipeline will help expand Bahrain’s refinery capacity
The energy minister said last week that the hikes were still on the cards for 2017
MoU creates a framework for enhanced business development, technical cooperation and training
The oil giant had earlier launched a new office in New Delhi as it aims to expands its presence in India
Aramco is investing in refineries in major markets to lock in customers ahead of its IPO
Energy minister Falih said Saudi Arabia wants to develop ties with Russia further
Saudi Arabia is competing with Iraq to be India’s top oil supplier
OPEC has been urging other producers to join the supply pact, which ends in March
The winning bidders will build, own and operate the power plants in partnership with the government
The fund will be finalised during this week’s visit by Saudi King Salman to Moscow
Kurdish officials say they can withstand an economic blockade
Saudi authorities aim to list around 5 per cent of Aramco by the end of 2018
The price increases reflect the positive momentum of global oil benchmark Brent in recent weeks
Aramco previously said the listing remained “on track” after a report that the company was preparing contingency plans
The world’s largest single nuclear project, the Barakah plant, will have a capacity of 5,600 megawatts
About 300 wells are expected to be drilled over the lifetime of the Khazzan field
OPEC and its allies have been considering extending a production cut deal beyond the end of March
How the GCC’s power operators can become more efficient and expand the region’s power capacity
New flows of Russian piped oil will come as Saudi Arabia aims to secure a stake early next year in a Chinese refinery
The two have identified more than 1GW of wind power projects in several states
The kingdom wants to start construction next year on two nuclear power plants