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    OPEC+ Weighs Tough Decisions On Easing Oil Production Cuts

    by Ikeoluwa Juliana Ogungbangbe December 5, 2024
    by Ikeoluwa Juliana Ogungbangbe December 5, 2024

    OPEC+ faces a tough decision on easing production cuts as non-OPEC oil growth, especially from the U.S., complicates the group’s strategy

  • In the News

    Aramco Profits Dip, Keeps Dividend Steady at $31.1 Billion

    by Victor Adetimilehin August 7, 2024
    by Victor Adetimilehin August 7, 2024

    Saudi Aramco reports a 3.4% decline in profits due to lower crude volumes and refining margins but maintains its dividend payout at $31.1 billion, highlighting its financial resilience.

  • In the News

    Saudi Aramco Share Sale Tests Investor Appetite for World’s Largest Oil Giant

    by Victor Adetimilehin June 2, 2024
    by Victor Adetimilehin June 2, 2024

    Saudi Arabia is testing investor appetite with a new share sale for its state-owned oil giant Aramco. The move aims to raise up to $13.1 billion and broaden the company’s …

  • In the News

    Saudi Arabia’s Non-Oil Revenue Surges, Signaling Economic Transformation

    by Motoni Olodun March 19, 2024
    by Motoni Olodun March 19, 2024

    Saudi Arabia achieves a significant milestone as non-oil revenue reaches 50% of its Gross Domestic Product (GDP), marking a pivotal shift in the kingdom’s economic landscape. This remarkable development underscores …

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Court Annuls Eskom Gas Plant Authorization
Santos Takeover Bid Fails as XRG Walks Away
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