Oil giant Saudi Aramco will offer sukuk investors new debt this week after some could not buy its previous Islamic issuance due to very low yields. Aramco, rated A1/—/A+, is meeting investors on ...
Oil-storage tanks at a key US crude hub have drained to near their bottoms as a massive new pipeline in Canada diverts flows elsewhere, muddying market signals that traders have long relied on.
Italian oilfield services player Saipem has confirmed the awarded of a new offshore contract with Saudi Aramco for the development of the giant Marjan field in Saudi Arabia. The deal takes place ...
Italy’s Saipem has won a new offshore contract worth around $2bn from Saudi Aramco, for the development of the Marjan field in Saudi Arabia. The work scope covers the engineering, procurement ...
A vehicle crashed into a gas pipeline valve, exploding into a tower of flame that burned for days. Investigators are now looking into whether it was more than an accident. transcript Yesterday ...