The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has announced that its ‘Aa2’ rating with a ‘stable’ outlook was reaffirmed by Moody’s Investor Service despite current economic and market shocks
Industry
Supply chains uninterrupted despite coronavirus: Saudi Aramco
Saudi Aramco said that despite the new coronavirus outbreak, its operations and supply chains were uninterrupted
Supermajor Total keeps dividend stable despite fall in profits
Oil and gas company Total has maintained a stable dividend despite a sharp decline in first-quarter net profit as oil prices plummeted to historic lows following a drop in demand due to the coronavirus crisis
Oil back to losses as demand fears return, says Rystad Energy
Oil prices fell on Monday as the market realised demand does not rebound as quick as supply needs to balance or even to keep storage from filling, despite the OPEC+ cuts
Sahara Energy COO calls for greater resilience in global energy market
Stakeholders in the global energy market need to work more collaboratively to shore up the market’s resilience in the face of the economic and supply chain disruption caused by the COVID-19 pandemic, Andrew Laven, chief operating officer (COO), Sahara Energy Resources DMCC, Dubai has said