With an oil production capacity of about 12mn b/d and posting a profit of $46.9bn in the first half of 2019, Aramco is betting institutional investors will rush to buy the 5% stake set to be sold by the Saudi government.

Nigeria is seeking to recover as much as $62 billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.

Growth is expected to pick up to 2.3 percent this year on the strength of a continuing recovery in the oil sector and the regaining of momentum in agriculture following a good harvest.

Enel Finance International N.V. (“EFI”), the Dutch-registered finance subsidiary of Enel SpA (“Enel”[1]), today launched a multi-tranche “sustainable” bond for institutional investors on the European market totalling 2.5 billion euros. The bond is linked to the achievement of the United Nations Sustainable Development Goals (SDGs) and is the Group’s first “General Purpose SDG Linked Bond” issued on the European market.

U.S. oilfield services firm Halliburton on Wednesday said it was cutting 650 jobs across Colorado, Wyoming, New Mexico and North Dakota amid slowing oil and gas activity.

"Greater magnitudes of uncertainty lead to volatility," he said, "and for a capital-intensive sector like ours, this means less investment and more risk to security of supply. This is especially true in power markets that are open to competition: their market design must be adaptive, and long-term contracts used for all types of generation."

As much as $71 billion of Japanese coal assets could be at risk as the economic viability of plants is undermined by cheaper renewable energy, research by the University of Tokyo, Carbon Tracker and the Carbon Disclosure Project showed on Sunday.

A contract for Tokamak machine assembly for the ITER International Fusion Energy Organisation signed by a consortium led by China Nuclear Power Engineering Corporation (CNPE) is the biggest nuclear energy project contract that Chinese companies have ever bid for in the European market.

Plans for the Turkish Wealth Fund (TVF) to take part in investments in the energy sector were highlighted in the New Economy Program (NEP), which covers the period 2020-2022, and will be implemented under the main theme of "Change Begins."

Treasury and Finance Minister Berat Albayrak and his Russian counterpart Anton Siluanov signed an agreement last week on using national currencies in payments and settlements between the two countries, the Russian finance ministry said Tuesday.

Exxon’s LNG project in the northern Cabo Delgado province will cost between $27 billion and $33 billion, according to a report that Johannesburg-based Standard Bank Group Ltd. published in March.

The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000,

the goods and services deficit was $54.9 billion in August, up $0.9 billion from $54.0 billion in July,

"We are going to be signing more than 10 new investment agreements between Russia and Saudi Arabia."

“Rosneft has recently adjusted all the new contracts for export supplies to euros. We’ve been notified,” a trader at a company regularly buying from Rosneft told Reuters.