Mergers and Aquisitions

Palestinian President Mahmoud Abbas Visits Saudi Arabia

Saudi Arabia’s King Salman pulled out of meetings at the White House and Camp David this week at the last minute. The move is being interpreted as a signal the Saudis are unhappy with United States’ Iranian foreign policy. “Jon Alterman, senior vice president at the Center for Strategic and International Studies, said King Salman’s… Keep reading →

Fuel Shortage Eases A Bit In South China

Speculation is in the air, but it’s not on Wall Street or at some commodity trader’s desk at the Chicago Mercantile Exchange. It comes from China. Earlier this week, both foreign and domestic media reported that two of China’s national oil companies (NOCs), Sinopec and PetroChina, (the country’s two largest oil exploration companies) could merge.… Keep reading →