Mark McCabe join Senex from Origin Energy.
Saudi Arabia is the largest oil producer among OPEC countries.
…foreign investors, whose vast state-owned oil company Pemex is rated “junk” by Fitch Ratings, and which is skirting dangerously close to recession. One-fifth of the negative-yielding EM debt comes…
The cash spread between Asian paraxylene and naphtha weakened to a three-month low Wednesday as plant maintenance dragged values lower ahead of China’s upcoming National Day holidays.
Moody’s has forecast that the number of negative adjustments of South Korean companies’ credit ratings is likely to exceed the number of positive adjustments for the upcoming year.
Asian refiners are buying more light crude and trimming purchases of heavy oil, as they tweak production to meet rising demand for low-sulfur fuels in the shipping sector.
Prince Abdulaziz bin Salman is the first member of the Saudi royal family to be appointed to the all-important role of energy minister but he faces the same constraints as the commoners who held the position before him.
- Policy options for Saudi Arabia’s new energy minister: Kemp (Reuters: Sep 11, 2019 at 1:00 AM)
Saudi Aramco is reported to have hired Goldman Sachs and JP Morgan Chase for key roles on its planned $2 trillion initial public offering.Amin Nasser, chief executive of the Saudi state oil giant, said yesterday that the company intended to press ahead with the long-awaited stock market listing “ve
Suncor, which is working on 10 production sites each capable of 40,000 b/d, announced a C$1.4 billion ($1.1 billion) fuel conversion to gas for the power and heat cogeneration plant at its Fort McMurray oilsands mine, ending 52 years of burning charcoal-like coke left over from processing heavy raw bitumen.
Oil plunged as U.S. President Donald Trump considered easing sanctions on Iran that severely restricted the OPEC member’s ability to export crude.