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Insights
28-Jan-19 State-owned Saudi Aramco plans to invest up to USD1.6 bn for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. [image: Reuters / Hamad I Mohammed]
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Insights
Jan-19 The recovery in emerging market and developing economies has stalled. India is a bright spot where strengthening investment and robust consumption will drive 7.3 percent GDP growth. East Asia remains a fast-growing region but growth will moderate to 6 percent in 2019 as global demand slows and financial conditions tighten. Brazil is forecast to lead Latin America with 2.2 percent growth. And in MENA, while GCC oil exporters accelerate to 2.6 percent growth they will be outstripped by Egypt at 5.6 percent thanks to reforms. [image: World Bank]
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Insights
18-Dec-18 Some investors are beginning to bet that attractive returns can be had from Africa’s burgeoning population and tremendous infrastructure needs. An additional USD3.3 tn in investments is needed through 2040, requiring roughly double current investment levels. [image: Rodger Bosch / AFP / Getty Images]
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Insights
17-Dec-18 Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as Qatar expands after leaving OPEC. Global oil majors are attracted to the Mexican side of the Gulf as new blocks are opened for development. [image: Chris Ratcliffe / Bloomberg]
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Insights
26-Nov-18 Saudi Aramco will expand its market share in Asia despite likely OPEC limits on output in 2019, and is eyeing deals in China and Africa as it aims to become a global leader in chemicals. [image: Euronews]
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