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Tag: Oil and Gas

Saudi Investment Fund announces the largest bookbuild offering in MENA

Saudi Investment Fund announces the largest bookbuild offering in MENA PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...

APIC achieves $4.5 million by Q3/ 2024

APIC achieves $4.5 million in net profits attributed to its shareholders by Q3/ 2024 Apic IB-Q3-2024
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Asia accounts 61% of global ethylene capacity additions

Asia accounts 61% of global ethylene capacity additions Asia is expected to lead the global ethylene industry capacity growth from new-build and expansion projects by...

ExxonMobil’s ‘scope 3’ emissions set to rise despite ‘net zero’ pledge

ExxonMobil’s ‘scope 3’ emissions set to rise despite ‘net zero’ pledge Following ExxonMobil’s announcement of an ambition to achieve net-zero emissions for operated assets by...

Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025

Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025 Trinidad and Tobago is expected to contribute around 25% or 820...

How much is Blue hydrogen to account of low-carbon hydrogen capacity by 2030?

How much is Blue hydrogen to account of low-carbon hydrogen capacity by 2030? Hydrogen markets are taking off around the world, and GlobalData expects low-carbon...

Boosting investments allocation among oil and gas operators could strengthen production

Boosting investments allocation among oil and gas operators could strengthen production The Denver Julesburg (DJ) Basin located in Colorado and Wyoming has experienced a constant...

Morgan Stanley and Evercore were top M&A financial advisers in oil and gas sector

Morgan Stanley and Evercore were top M&A financial advisers by value and volume in oil and gas sector for Q1-Q3 2020, says GlobalData Morgan Stanley...

Global demand is set to drop by 5%, investment by 20%

Global demand is set to drop by 5%, investment by 20% The COVID-19 pandemic has caused more disruption to the energy sector than any other...

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks The oil and gas industry is increasingly relying on digital technologies to transform...

Divergent economic outlooks for North and South Americas’ oil and gas producing countries, says GlobalData

Divergent economic outlooks for North and South Americas’ oil and gas producing countries, says GlobalData Operators in the Americas region have had to manage projects...

MENA oil and gas pipeline sector still reeling from impacts of weak demand and COVID-19

MENA oil and gas pipeline sector still reeling from impacts of weak demand and COVID-19 The Middle East and African (MENA) oil and gas pipelines...

Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices

Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices The extended lockdown announced by India to curtail...

US drives North America’s refining industry to reach 25.8 mmbd by 2024

US drives North America’s refining industry to reach 25.8 mmbd by 2024 The US is expected to lead the refining industry in North America, pushing...