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Saudi Arabia Chases Ambitious Downstream Strategy
...OFITS AND REVENUE REMAIN BELOW THEIR 2011 PEAK ($BN) DOWNSTREAM DEALS Besides the Sabic buy-in, Aramco has been progressing a number of overseas downstream projects in order to further the twin strategies of diversification and securing markets for its crude exports. Ar...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
Libya Forex At Five-Year High
...Buoyed by relatively steady production of crude oil this year, Libya’s foreign exchange reserves rose to hit a five-year high $85.7bn at end-June, according to the country’s central bank. Foreign reserves reached an all-time-record in 2012, but the violence and chaos unleashed by the 2011 re...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019