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 hikesInternational Finance Business DeskSeptember 2, 2021 by International Finance Business DeskSeptember 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 2021International Finance Business DeskAugust 23, 2021August 24, 2021 by International Finance Business DeskAugust 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 CapitalInternational Finance Business DeskAugust 18, 2021August 18, 2021 by International Finance Business DeskAugust 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 refineriesInternational Finance Business DeskAugust 10, 2021 by International Finance Business DeskAugust 10, 2021 This is the second time Petrobras extended the deadline due to Covid-19 related complications... Read more
FeaturedOil & GasTurkey’s Petkim wins ‘Best Working Capital Management Award’International Finance Business DeskAugust 2, 2021August 2, 2021 by International Finance Business DeskAugust 2, 2021August 2, 2021 “Awards received during the pandemic mean even more,” says Elchin Ibadov, Head of Finance, SOCAR Turkey Refinery and Petrochemicals... Read more
FeaturedOil & GasExxon makes new discovery at Whiptail in the Stabroek Block offshore GuyanaInternational Finance Business DeskJuly 29, 2021 by International Finance Business DeskJuly 29, 2021 The Whiptail discovery is located approximately 4 miles southeast of the Uaru-1 discovery... Read more
FeaturedOil & GasPetrobras launches tender for EPCI services for its Búzios 8 projectInternational Finance Business DeskJuly 22, 2021July 22, 2021 by International Finance Business DeskJuly 22, 2021July 22, 2021 Commercial proposals must be submitted by October 14 and the contract is for a period of five years... Read more
FeaturedOil & GasOil prices decrease as Chinese crude import sends warning signalsInternational Finance Business DeskJuly 15, 2021 by International Finance Business DeskJuly 15, 2021 Experts warn if OPEC does not agree to raise supplies, high oil prices will lead to demand destruction... Read more