Kuwait oil revenues reach $38.10 bn in 2021IFM CorrespondentJanuary 18, 2022 by IFM CorrespondentJanuary 18, 2022 The gulf OPEC member recorded a budget deficit of Dh682.4 mn in the first nine months of the fiscal year... Read more
Brazil auctions two large oil blocks, raises $2 bnIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 Total, Shell, Petronas and Petrobras among the winning bidders... Read more
Petrobras hands contract to Offshore driller Seadrill for work in the Búzios fieldIFM CorrespondentDecember 15, 2021 by IFM CorrespondentDecember 15, 2021 Seadrill will commence work on December 2022 and the contract is for 1,040 days... Read more
Saudi Aramco to continue seeking business opportunities in IndiaIFM CorrespondentNovember 23, 2021 by IFM CorrespondentNovember 23, 2021 The announcement comes after Reliance Industries scrapped a plan to sell a stake in its oil-to-chemical unit... Read more
Kuwait backs OPEC+ plan to increase oil outputIFM CorrespondentNovember 1, 2021 by IFM CorrespondentNovember 1, 2021 OPEC+ announced a monthly increase of 400,000 barrels to ensure the oil supply balance in the global market... Read more
Petrobras mulls selling 100% stake in the Catua Field, in the Campos BasinIFM CorrespondentOctober 27, 2021 by IFM CorrespondentOctober 27, 2021 The field is located around 128 kilometers from the coast... Read more
Brazilian President Bolsonaro is considering Petrobras privatisationIFM CorrespondentOctober 15, 2021October 15, 2021 by IFM CorrespondentOctober 15, 2021October 15, 2021 A decision however is not been made as of yet... Read more
Petronas signs deal to supply carbon-neutral LNG to China’s ShenergyIFM CorrespondentOctober 1, 2021October 1, 2021 by IFM CorrespondentOctober 1, 2021October 1, 2021 Petronas will make the delivery between October and March next yearPetronas will make the delivery between October and March next year... Read more
Russian energy giant Gazprom to increase natural gas supply to EuropeIFM CorrespondentSeptember 27, 2021September 28, 2021 by IFM CorrespondentSeptember 27, 2021September 28, 2021 Earlier, Gazprom has been accused of not doing enough to increase its natural gas supplies to Europe... Read more
Saudi Aramco to open up the Jafurah gas field to foreign investorsIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It is one of the largest unconventional gas fields in the world... Read more