Saturday, March 23, 2019

Energy

The latest oil & gas and energy news from the Middle East – only on Business Live ME.

StanChart, BNP Among Banks Said to Be Added to Saudi Aramco...

Standard Chartered Plc and BNP Paribas SA are among about a dozen banks likely to be added as co-managers for Saudi Aramco’s landmark international...
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New Energy Management trends disrupt FM Industry

Facilities Management (FM) companies are now starting to go through a significant transformation to catch up with the new demands in the marketplace. Competing in...
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Dubai Plans Desert City’s First Solar Powered Desalination Plant

Dubai will seek partners this year to build its first solar powered desalination plant as the emirate tries to diversify away from burning fossil...
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Kuwait Petroleum Said to Reassess $500 Billion Spending Plan

Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business...
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Exxon, Qatar Bet on U.S. Gas Export With $10 Billion Project

Exxon Mobil Corp. and Qatar Petroleum are officially moving forward with a $10 billion liquefied natural gas export terminal in Texas, the latest in...
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The Middle East’s Once-Hot LNG Market Faces a Decade-Long Slump

The Middle East was a bright spot for global liquefied natural gas (LNG) demand in 2015. Now imports have plummeted so much that it...
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Aramco Could Stagger Payments for Sabic Deal, Oil Minister Says

Saudi Aramco could stagger payments for the acquisition of chemical giant Sabic, offering flexibility in how to finance the largest deal in the kingdom’s...
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Saudis Pledge Even Deeper Oil Cuts in February Under OPEC+ Deal

Saudi Arabia expects to reduce oil output once again in February and pump for six months at levels “well below” the production limit it...
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Getting basics right

At the Web Summit technology conference in Lisbon, Portugal, Shell CEO Ben van Beurden spoke on the need to gain public trust and the...
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Eni, OMV to Pay $5.8 Billion for Abu Dhabi Refining Stakes

Eni SpA and Austrian oil and gas producer OMV AG agreed to pay about $5.8 billion for a combined 35 percent stake in the...
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