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The announcement follows several investments in the sector at home and abroad by Aramco. Riyadh is doubling down on its strategy of converting an increasing proportion of its…
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DOI: 10.1108/OXAN-DB276581
ISSN: 2633-304X
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Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are pursuing ambitious natural gas plans that depend on relatively high-cost non-associated gas developments.
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DOI: 10.1108/OXAN-DB240733
ISSN: 2633-304X
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This will be used to meet part of the costs of acquiring a controlling stake in Saudi Basic Industries Corporation (SABIC), the kingdom’s principal petrochemical producer. Aramco…
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DOI: 10.1108/OXAN-DB242677
ISSN: 2633-304X
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Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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Brunei's economic diversification.
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DOI: 10.1108/OXAN-DB235461
ISSN: 2633-304X
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It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…
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DOI: 10.1108/OXAN-DB271565
ISSN: 2633-304X
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The oil sector is bouncing back after the lifting of international sanctions. Production has risen from an average of 2.8 million bpd during 2015, and is now approaching…
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DOI: 10.1108/OXAN-DB214291
ISSN: 2633-304X
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The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…
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DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
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Sultan Hassanal Bolkiah, one of the world’s few remaining absolute monarchs, faces a tough challenge to turn around the pandemic-hit economy. Brunei is struggling to make up for…
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DOI: 10.1108/OXAN-DB274971
ISSN: 2633-304X
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Tesla and the Saudi sovereign wealth fund.