Saudi Aramco, the largest IPO in history reportedly cancelled

According to sources from inside Saudi Arabia and others quoted by Reuters news agency, Saudi Aramco, the world’s biggest oil company and the kingdom’s largest company, has cancelled its very awaited IPO. The Saudi authority… Plus…

French group Total left Iran to the likely profit of Chinese partner CNPC

As early as July 2017, the French energy group Total announced within the framework of the South Pars 11 project (SP11) led in association with the Chinese group PetroChina (CNPC) that it took all possible… Plus…

In the Horn of Africa, the UAE asserts its strategic ambitions

Saudi Energy Minister Khalid Al Falih, also Chairman of Saudi Aramco, estimates that about USD 1 trillion worth of investments have been canceled or postponed since oil prices dropped in mid-2014 when the barrel was… Plus…