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Farooq

May

By Sonali Paul MELBOURNE (Reuters) – A slump in energy prices that has led to the deferral of liquefied natural gas (LNG) projects around the world is set to be an unexpected boon for some producers trying to kickstart new ventures in gas-rich western Australia. Offshore and onshore projects led by Woodside (OTC:WOPEY) Petroleum (AX:WPL), […]

DUBAI (Reuters) – Saudi Arabian state oil giant Aramco (SE:2222) on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand. Brent crude prices fell 65% in the first quarter, before OPEC+ producers agreed to cut oil supply by a record 9.7 […]

Middle East Financial Investment