1. 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: 62
    Issue: 37
    Published at Fri, 13 Sep 2019
  2. 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: 62
    Issue: 37
    Published at Fri, 13 Sep 2019