May 12, 2017

One scenario: with post-IPO Saudi seeking to sell all the oil it can pump, global oil prices will feel the pressure From SAFE/the Fuse With Saudi Arabia poised to open a portion of state-owned national oil company Saudi Aramco to outside investors in an effort to diversify its economy, the current state of the initial public offering raises more questions than

From Bloomberg Nation may not see major oil, gas investment: Drilling group Red tape, rising costs and declining crude prices are throttling exploration in Indonesia, the former OPEC member that now produces less oil than it uses. Only 20 percent of the 287 onshore rigs operated by contractors for local and foreign explorers are at work, compared with 60 percent in 2012, according