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  • Reuters1 hour ago

    Saudi Aramco to buy $7 billion stake in Petronas' RAPID refinery project

    Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, the companies said on Tuesday, pumping in $7 billion in its biggest downstream investment outside the kingdom. The deal will boost Aramco's downstream business ahead of a planned initial public offering next year and also bolsters Malaysia's state-controlled Petroliam Nasional Bhd - known as Petronas - after it cut spending because of the slump in oil prices.

  • Oilprice.com6 hours ago

    Ireland Prioritizes Energy Projects As Brexit Looms

    Ireland’s Energy Minister has said that ending the country’s dependence on Britain for virtually all of its energy needs has become a national priority

  • Market Realist13 hours ago

    A Look at BNSF Railway’s Carloads Last Week

    BNSF Railway’s carloads BNSF Railway (BRK-B) operates in the western United States and competes primarily with Union Pacific (UNP). Its total railcars for the week ended February 18, 2017, rose…