Saudi Arabia’s SABIC has agreed to sell its European petrochemical business and its Engineering Thermoplastics business in Europe and the Americas for a combined enterprise value of US$950 million,...
ADNOC today announced the Final Investment Decision (FID) for the SARB Deep Gas Development, a strategic project within the Ghasha Concession located offshore of Abu Dhabi. The development will...
At the Indian-Russian trade forum held last month, key agreements were signed to develop bilateral trade, with attention being paid to mutual transport links and infrastructure. Key projects include...
Venezuela and the United States have reached a deal under which authorities in the South American country will agree to export $2 billion worth of crude oil to the...
Some of Wall Street’s biggest banks have opted out of advising on a planned US$1.4 billion (RM5.67 billion) initial public offering (IPO) of India’s SBI Funds Management Ltd because...
The UAE-based Dana Gas has received a $50 million payment from the Egyptian Government to support its ongoing drilling programme. The payment is part of a 2024 agreement with...
Saudi Arabia raised $11.5 billion from its first bond offering of the year, with an orderbook in excess of $27.7 billion. The kingdom, which became the first GCC sovereign...
Global dollar bond issuance is poised to accelerate after Monday’s US$61 billion (RM247.39 billion) surge, the biggest one-day tally in nearly a year, as Asian borrowers storm the market. Japan’s...
Copper extended a powerful rally after bursting through US$13,000 (RM52,689) a ton for the first time, as investors bet on a tighter market. Three-month futures surged as much as...
The former chief of Latin American operations at U.S. supermajor Chevron is in discussions with investors to raise $2 billion to invest in opportunities in Venezuela, the executive, Ali...