Wednesday, April 30, 2025

Get Ready for ‘IPO of the World’: Saudi Finance

From Bloomberg Saudis say Aramco IPO ‘on track’; Saudi govt. values company at $2 Trillion—selling 5% in IPO London and New York are among exchanges seeking to list shares Saudi Aramco’s IPO is moving ahead and all options are open on where to list shares of the giant oil producer, the country’s finance minister said. The Saudi Arabian Oil Co.,

oil-barrels-and-markets-482px Oil Prices Drop - Oil & Gas 360

Oil Prices in 2018 Will Depend on U.S. Shale Output

From Bloomberg Brent to average $60, WTI seen at about $55 in 2018: survey; shale growth seen as wild card where analysts’ outlooks differ Crude oil production out of the U.S. is expected to hit record levels next year, buoyed in part by OPEC supply curbs that have put a floor under prices. For analysts forecasting prices next year, there are

China and OPEC Getting Cozy Fast

A turning point in relations OPEC announced today that its second high level meeting with China produced good will all around and it listed agreements between the countries as to the development of oil resources and sharing technologies to do so. “Both parties agreed that the meeting marked a turning point in relations between China and OPEC. The importance of

LNG

Five LNG Shipping Stories Make Waves in 2017

From LNG World Shipping Among the reverberations felt by the LNG industry in 2017, none echoed more loudly than the healthy build-up in US exports; the start of LNG shipments from the Russian Arctic; the rapid emergence of China as the second-largest LNG importer; the specification of LNG as fuel for nine large CMA CGM container ships; and the rebound

Fed's Bullard Says Rate Cut May Be Needed ‘Soon’ - Oil & Gas 360

Shale Set to Kick Off the New Year with Big Production Gains

From CNBC America’s shale drillers are poised to ring in the new year with strong growth in the U.S. oil patch, according to the latest forecast from the Department of Energy. Crude oil production from seven major shale regions is set to grow by 94,000 barrels a day in January, the department’s U.S. Energy Information Administration projected on Monday. Total