SAUDI ARABIA: Aramco’s hope for higher IPO valuation boosted by reserves upgrade

(EnergyAsia, June 29 2017, Thursday) — Saudi Arabia’s hopes for a lofty market valuation of soon-to-be-listed state energy firm Aramco has been boosted by a consulting firm’s decision to raise the kingdom’s recoverable oil reserves by more than 26%.

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QATAR: Shell signs new deals despite Doha’s regional political challenges

(EnergyAsia, June 19 2017, Monday) — As it digs in for a protracted political battle against several Arab countries, Qatar has been given a major endorsement by Anglo-Dutch energy giant Shell with the signing of two new business agreements.

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SAUDI ARABIA: Aramco and China’s Development Research Center (DRC) agree to advance joint collaboration and research

(EnergyAsia, June 15, 2017, Thursday) — Saudi Arabia’s state oil firm Aramco and China’s Development Research Center (DRC) have agreed to step up their collaboration and research activities in the energy sector.

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ASIA: Singapore retains regional oil storage and trading role despite growing competition

(EnergyAsia, June 2 2017, Friday) — Thanks to its well-established storage, refining and banking infrastructure, Singapore remains an important player in Asia’s booming oil trade despite growing competition from other countries.

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