Malaysia may cut palm oil export tax by 50 percent amid global supply crisis
The commodities ministry of Malaysia, the world’s second largest palm oil producer, has proposed cutting the ...
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Iraq🇮🇶: Total has signed contracts worth $27 billion to develop natural gas, water projects, and oil fields
Total, a French energy goliath, has authenticated mega-value contracts with Iraq to develop natural gas, water ...
Oilfields Supply Center to Invest $570 Million at Saudi’s SPARK
Oilfields Supply Center Ltd. (OSC) will invest $570 million for a center at the King Salman ...
India’s Oil Major Reliance Becomes Second Largest Energy Company
America’s biggest energy company Exxon Mobil Corp. loses its position to India’s Reliance Industries to become ...
Illegal Iranian Oil Shipping: Trump Administration Blacklists 5 UAE firms
The United States imposed sanctions on five United Arab Emirates-based companies on Thursday, citing purchase of Iranian oil and petrochemicals for non-compliance with Trump’s impetuous ...
Saudi Arabia Boosts Crude Oil Supplies, Escalating Price War with Russia
On March 10, the energy titan Saudi Aramco announced to boost crude oil supplies to 12.3 million ...
Saudi Aramco Signed $11 Billion Deal with GIP-led Group for its Jafurah Plants
Aramco will retain a 51% majority stake in JMGC, while the remaining 49% will be owned ...
BP Eyes $10 Billion Castrol Divestment Under Elliott Pressure
BP might announce the potential divestment during its capital market day. British Petroleum (BP) is considering ...
Adnoc Offers $13 Billion to Acquire Covestro, Paving Its Way Into Chemical Industry
Adnoc's primary source of revenue until 2016 was the export of crude oil to Asia. Abu ...
Aramco Increases Dividend Payout by 30%, Despite Production Cuts
Being the world’s biggest crude oil exporter, Aramco is a major source of income for the ...
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