1. Saudi Crude Exports Tumble To Ten-Year Lows Amid Deeper Cuts

    ...proximately 60% of the liquids burned for power generation and water desalination, with crude oil accounting for approximately 40% (see chart 3). This is broadly in line with recent trends, with fuel oil having accounted for more than 50% on an annual basis since 2017.   1: SAUDI CRUDE EXPORTS FELL TO TH...

    Volume: 64
    Issue: 20
    Published at Fri, 21 May 2021
  2. Adnoc Prepares To IPO Fertilizer & Drilling JVs

    ...19). When it comes to IPOs, Adnoc has prior experience. It initially floated 10%  of its retail arm, Adnoc Distribution, in December 2017, raising $851mn (MEES, 16 February 2018), and followed this up last year with a further 10%-placement which raised $1bn (MEES, 18 September 2020). 20% of Adnoc Di...

    Volume: 64
    Issue: 20
    Published at Fri, 21 May 2021