ADNOC Completes $1 B Institutional Placement for Distribution Business

• Monday, 14th September 2020
• by Jack Beckford

Abu Dhabi National Oil Company (ADNOC) has announced the successful completion of a placement to institutional investors of 1.25 billion shares in ADNOC Distribution amounting to 10% of ADNOC Distribution’s total ...

Mexico to Support National Oil Company Pemex With $4.2b

• Thursday, 14th April 2016
• by Egypt Oil & Gas

Mexico's finance ministry announced a series of measures to improve national oil company Pemex's ailing finances, giving $4.2b liquidity boost.

Platts to Include More Arab Grades into Pricing Benchmarks

• Thursday, 19th November 2015
• by Egypt Oil & Gas

Oil pricing agency Platts is expected to announce by the end of this year which of two Middle East crude grades it will add to its Dubai benchmark in 2016 to boost the liquidity of its price assessment process

Oil Price Slump Strains Saudi Finances

• Tuesday, 2nd June 2015
• by Egypt Oil & Gas

Military spending and government hand outs could accelerate reserve drawdown