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Upstream M&A, Capital Raising Fell To Around $63 Billion Last Quarter

2019-12-12 21:00:00| OGI

M&A and capital raising value in the upstream fell by 50% from the previous quarters $126.8 billion, totaling $63.4 billion, according to a recent report.

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Financial identities for the worlds unbanked population worth an estimated $250 billion to global GDP

2019-12-12 01:00:00| Total Telecom industry news

According to World Bank data, 67% of the world’s adult population are excluded from the formal economy because of their lack of credit history. However, a large proportion of this population have existing relationships with mobile operators, who frequently extend low cost, low risk offers to these customers, often in the form of airtime loans…read more on TotalTele.com »

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Ghana Company Says It Discovers 1.5 Billion Barrels Of Oil Offshore

2019-12-11 15:23:08| OGI

The discovery is a significant one in a country that currently produces about 200,000 barrels of oil per day.

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Chevron Expects $10 Billion To $11 Billion Charge, Considers Asset Sales

2019-12-10 23:05:48| OGI

The second-largest U.S. oil company also said it will reduce funding to the various gas-related opportunities.

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Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion

2019-12-09 15:50:00| OGI

The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.

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