FeaturedOil & GasKuwait 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
FeaturedOil & GasPetrobras 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
FeaturedOil & GasBrazilian 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
FeaturedOil & GasPetronas 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
FeaturedOil & GasRussian 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
FeaturedOil & GasSaudi 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
FeaturedOil & GasOil prices dip as OPEC+ agrees to gradual output hikesWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 Brent crude was down by 0.2%, at $71.43 a barrel on Thursday... Read more
FeaturedOil & GasSaudi Arabia registers 20% drop in crude oil export in H1 2021WebAdminAugust 23, 2021August 24, 2021 by WebAdminAugust 23, 2021August 24, 2021 The output at oil refineries stood at 2.43 mn bpd during the first six months... Read more
FeaturedOil & GasFujairah Oil Terminal secures $280 mn from Prostar CapitalWebAdminAugust 18, 2021August 18, 2021 by WebAdminAugust 18, 2021August 18, 2021 The latest funds will replace the existing senior debt along with creating a connection terminal to the Very Large Crude Carrier (VLCC)... Read more
FeaturedOil & GasPetrobras extends deadline for sales contract for its refineriesWebAdminAugust 10, 2021 by WebAdminAugust 10, 2021 This is the second time Petrobras extended the deadline due to Covid-19 related complications... Read more