Post Tagged with: "Reform"

Old Habits Die Hard: Saudi Arabia Struggles to End Oil Addiction

Old Habits Die Hard: Saudi Arabia Struggles to End Oil Addiction

From Reuters


When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a company jet in Paris and flew to New Delhi.

Chief executive Amin …

Chinese Majors Selling Assets back to the Government

Chinese Majors Selling Assets back to the Government

Sinopec offers major stake in international unit to Chinese investment firms

China Petrochemical Corp., or Sinopec Group as it is commonly referred to, is selling more than half of a unit which holds its overseas assets to two state investment …

China Set to Form State Oil and Gas Midstream Company

China Set to Form State Oil and Gas Midstream Company

China looks to break oil and gas monopoly with new structure, further reforms

The Chinese government is moving forward with plans to shake things up at its oil and gas monopolies.

Reports say China will take the oil and gas …