Thursday , 12 February 2026

Recent Posts

Aramco signs $10 billion worth of cooperation deals

NEW YORK / WAM Saudi Aramco announced commercial cooperation worth over $10 billion with 14 American companies during Saudi-US CEOs forum in New York. Saudi Aramco on Wednesday participated in the event to promote bilateral business and cooperation between the two countries. The forum was scheduled to coincide with the official visit to the United States by Crown Prince Mohammed …

Read More »

CEFC’s $3.2bn property portfolio up for sale

Bloomberg CEFC China Energy Co., the sprawling conglomerate that’s come under increasing government scrutiny, plans to sell its entire global property portfolio with a book value of more than 20 billion yuan ($3.2 billion), according to people with knowledge of the matter. Almost 100 properties are up for sale, including its headquarters in an upscale Shanghai neighbourhood, four floors of …

Read More »

Europe majors join race for Mexico oil bonanza in Gulf waters

Bloomberg European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election. Anglo-Dutch giant Royal Dutch Shell Plc, the UK’s BP Plc, France’s Total SA, Italy’s Eni SpA, Spain’s Repsol SA, Russia’s Lukoil PJSC and DEA Deutsche Erdoel AG of Germany all won blocks — a number of them …

Read More »