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Mubadala’s oil investments top $40 billionThe petroleum and petrochemicals platform of Mubadala Investment Company accounts for Dh150 billion ($40.8 billion) of the company’s Dh800 billion portfolio, said Musabbeh Al Kaabi, CEO of Petroleum & Petrochemicals. Al More… |
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Aramco plans $300bn spend to bolster oil, gas outputSaudi Aramco plans to invest more than $300 billion over the coming decade to reinforce its preeminent position in oil, massively expand its conventional gas production, and exploit unconventional gas resources, the company's CEO said. More… |
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Iran eyes $200bn investment in oil sectorIran plans to invest $200 billion in the oil sector aiming to develop the industry using new technologies, said a senior government official. The government has been seeking progress in industrial sectors such as steel as well as More… |
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Iran ‘needs $200bn to develop oil sector’Iran need $200 billion investment to develop its oil industry, said Oil Minister Bijan Namdar Zanganeh, adding that since internal resources are not enough to meet such need, the country should attract foreign investment. The rece More… |
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Apicorp mulls debt issues next yearSaudi Arabia-based Arab Petroleum Investments Corp (Apicorp) hopes to issue one or two debt deals in the coming year, the energy investment company's chairman told Arabiya television. "We hope next year to have one or two More… |
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Apicorp mulls debt issues next yearSaudi Arabia-based Arab Petroleum Investments Corp (Apicorp) hopes to issue one or two debt deals in the coming year, the energy investment company's chairman told Arabiya television. "We hope next year to have one or two More… |
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Oil investments must continue says Al-NaimiSaudi Arabia's Oil Minister Ali Al-Naimi said on Thursday that future oil investments should continue to meet an anticipated global growth in crude demand by more than 1 million barrels per day. "Demand for oil is continu More… |
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Oil investment set to decline further in 2016: IEAOil investment in 2016 is likely to decline further after sliding this year by more than a fifth, Fatih Birol, executive director of the International Energy Agency (IEA), said on Monday. "If it comes true, this will be the f More… |
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Iran delays London oil investment summitIran has delayed until later in the year a widely anticipated London conference during which it would unveil new oil and gas investment opportunities, two industry sources said. The conference, which was due to be held on February More… |
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Moscow conference to focus on oil investmentEnergy chiefs and political titans will gather in Moscow this week for a major conference that will highlight the West's desire to pursue oil investments in Russia despite the Ukraine crisis. With oil prices hitting nine-month More… |
