Member states want to avoid a repeat of the collapse in prices seen in April.
Move will further cement ACWA's role in PIF's renewable energy plans
American Petroleum Institute report showed inventories rose by 4.17m barrels last week
It's $12b offering in April 2019 generated $100b worth of interest
This comes as part of wide ranging reforms in Kingdom's utility sector
Any debt offering should generate sufficient demand, but investors will put in riders
While the vaccine progress relieves some pressure on OPEC, it is unlikely to boost demand
These will play a key role in delivering sulphur from Ruwais facility
Company recently sold its onshore assets in Egypt as part of a wider restructuring
Gas was delivered from the Ruwais Diyab Unconventional Gas Concession
Company completed placement of 1.25b shares, doubling free float to 20%
American Petroleum Institute reported US inventories shrank by 5.15m barrels last week
A new company Ta’ziz launched to oversee mega project
Even during peak pandemic, demand dropped to below 90mbd for only 12 weeks
ICE Futures Abu Dhabi will offer contracts on Abu Dhabi's flagship 'Murban' crude
The fast resurgence has taken oil traders by surprise and puts pressure on crude prices
