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Middle East

KKR, BlackRock invest $4bn in Abu Dhabi pipelines

25/02/2019

KKR & Co. and BlackRock Inc. agreed to invest $4 billion in Abu Dhabi’s oil pipelines, securing two decades of guaranteed returns and providing the Middle Eastern energy producer a cash injection to help diversify its economy.

Middle East

Saudis raise oil reserves ahead of Aramco’s planned IPO

10/01/2019

Saudi Arabia published the first audit of its vast oil reserves since it nationalized its energy industry about 40 years ago, saying its reserves total 268.5 billion, slightly more than the 266.3 billion figure that the government published previously.

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