Wednesday, August 21, 2019
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The latest oil & gas and energy news from the Middle East – only on Business Live ME.

UAE central to global movement to simultaneously harvest both food and...

The world’s first research facility to grow both food and fuel, using desert lands irrigated by seawater, began operations recently on a 2-hectare site...
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Saudi Aramco Sells $12 Billion of Bonds in Unprecedented Debut

Saudi Arabia took its first major step onto the global financial stage to fund the heady ambitions of its crown prince, issuing $12 billion...
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BP and Shell Both Claim to Be Number One in Investor...

(Bloomberg) -- In the cutthroat game of global capitalism, there can be only one winner. Unless you’re an oil company.Both BP and Shell are claiming...
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Abu Dhabi Oil Giant’s Credit Ranked AA as Aramco Seeks Rating

Abu Dhabi’s government-owned oil giant received the region’s highest credit rating as Middle Eastern producers, including the world’s largest Saudi Aramco, pursue international investors...
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Aramco Pumps Oil at Fraction of Rivals’ Costs and Way More...

(Bloomberg) -- Saudi Aramco can pump oil at a fraction of the cost of rivals and extracts more from beneath the Arabian Peninsula’s deserts and...
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Noor Abu Dubai, world’s largest solar power plant begins operations

The Dhs3.2bn project is expected to generate 1,177 MW of energy.Abu Dhabi’s Department of Energy has begun operations at the world’s largest independent solar power...
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How Machine Learning and AI Industry initiatives are shaping the oil...

Oil and Gas companies operate in dynamic and complex environments, where they face constant challenges especially in terms of supply and demand. Oil and...
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Qatar to Leave OPEC

Qatar, a member since 1961, is leaving OPEC next month to focus on its liquefied natural gas production, Energy Minister Saad Sherida Al-Kaabi told...
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Saudis Pledge to Ensure Oil Supply if Iran Exports Collapse

(Bloomberg) -- Saudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market “does not go out of...
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Reliance to Weigh Refinery Stake Sale to Aramco, Adnoc

Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is considering selling as much as 25 percent of its refinery business in a deal that could...
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