JAPAN / WAM Round one of a tour promoting investment in the UAE has kicked off in Japan, with the participation and organisation of the UAE Ministry of Foreign Affairs and International Cooperation. During the tour, which visited the Japanese cities of Osaka, Fukuoka and Tokyo between October 11 and 13, UAE delegation, which was represented by UAE Embassy in …

ABU DHABI / WAM Leading companies from the largest oil producing region outside OPEC, the Commonwealth of Independent States (CIS) will be increasing their presence at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) targeting the event as a hub for global deal-makers. Two of Russia’s biggest oil and gas companies, Lukoil and Gazprom, have each confirmed substantial …

DUBAI / LONDON / Reuters China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world’s biggest oil producer on the stock market. Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in …