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Midad Energy goes big on Algerian gas
Plus: Saudi-Syrian Business Council is setting up an institutional framework to smooth company entry
Aramco weighs discounts on Oman ship-to-ship crude as exports climb
The handoff for most barrels is happening offshore, pushing up freight costs and transfer times
Aramco is splitting off its gas business into a separate division as it explores a minority float
The Jafurah leaseback has already tested outside capital in Aramco's gas business, and a standalone division would let it go…
THIS MORNING: Riyadh reroutes crude as Houthis strike airbase, talks stall
Plus: Citigroup is doubling down on Riyadh
Hormuz may be reopening — but the actual recovery of flows will take much longer
Around 500 ships are waiting to exit the Gulf through the Strait of Hormuz
Aramco’s USD 32.5 bn 1Q is a verdict on infrastructure redundancy
The East-West Pipeline allowed crude to bypass Hormuz entirely
A more nuanced look into the impact of the Strait of Hormuz’s closure on the GCC
Hormuz typically accounts for around 25% of global seaborne oil trade and some 20% of global LNG trade
A tale of two oil markets
The cartel and the agency can’t agree on demand as the gap between their oil consumption forecasts has widened to…
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