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...
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
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 is expected to contribute around 25% or 820...
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
The Denver Julesburg (DJ) Basin located in Colorado and Wyoming has experienced a constant...
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...
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
Operators in the Americas region have had to manage projects...
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...