Asian refiners’ bets on European crude cargo after Saudi oil output cutPritam BordoloiFebruary 11, 2021February 11, 2021 by Pritam BordoloiFebruary 11, 2021February 11, 2021The trading unit of Chinese oil a gas major Sinopec, Unipec has acquired four North Sea crude shipments this week...Read more
Brazil’s great asset lies in the deep-seaWebAdminJanuary 25, 2021January 29, 2021 by WebAdminJanuary 25, 2021January 29, 2021Oil produced from pre-salt assets has captured China’s interest. New finds are about to make remarkable progress...Read more
Investment woes in Africa’s oilWebAdminSeptember 21, 2020September 22, 2020 by WebAdminSeptember 21, 2020September 22, 2020Global catastrophes are affecting the degree of investment in African oil producers...Read more
Why oil curb is getting worse for AfricaWebAdminJuly 22, 2020July 23, 2020 by WebAdminJuly 22, 2020July 23, 2020Nigeria and Angola have agreed to cut oil production in line with Opec+ agreement with an impact on their GDPs...Read more
Weak oil prices dull global stock outlookWebAdminJune 5, 2020June 5, 2020 by WebAdminJune 5, 2020June 5, 2020Investors and oil companies are on the receiving end of Saudi and Russia's decision to boost output at this time...Read more
Adnoc to invest upto Dh1.5 bn to set up 60 new gas stations in DubaiInternational FinanceFebruary 13, 2020March 18, 2020 by International FinanceFebruary 13, 2020March 18, 2020Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company...Read more
IEA says no impact on oil market despite US-Iran rowInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020Oil prices have fallen after leaping $4 per barrel...Read more
Saudi, Kuwait joint Khafji field to produce 320,000 oil bpd by 2020 endInternational Finance DeskDecember 26, 2019January 24, 2020 by International Finance DeskDecember 26, 2019January 24, 2020The Kingdom has signed a deal with Kuwait on resuming oil production...Read more
Aramco raises $25.6 bn in IPO with shares priced at $8.53International Finance DeskDecember 6, 2019January 24, 2020 by International Finance DeskDecember 6, 2019January 24, 2020Aramco is expected to achieve a valuation of $1.7 trillion...Read more
Qatar plans LNG output increase by 64% to 126 MT by 2027International Finance DeskNovember 26, 2019January 24, 2020 by International Finance DeskNovember 26, 2019January 24, 2020Competition will rise between oil majors seeking to buy a stake in Qatar’s LNG facilities...Read more