Argentina plans to gradually increase biodiesel and ethanol prices
There will be a price hike of 91 percent in biodiesel and 56 percent in ethanol...
Category : Oil & Gas
Petrobras pumps an average of 2.28 mn bpd in 2020, sets record
The Brazilian oil giant broke its previous record of 2.23 million bpd set in 2015...
Brazil to make significant oil reforms in 2021
It is focused on regulatory stability which is important for improvements in regulator processes...
SNOC and Eni announce production in Mahani gas field
The announcement comes within only one year of the discovery of gas in the field...
Exxon to invest $240 mn at its Baton Rouge refinery
The investment would significantly improve the refinery’s processing capability...
3R to acquire onshore oilfields from Petrobras for $250 mn
Oil production at the fields was 2,145 bpd in November...
Brent oil prices to pick up to $47 per barrel in 2021: IIF
Higher global oil inventory levels and surplus crude oil production capacity to limit upward pressure on oil prices...
Brazil is gaining prominence outside Asia as oil demand surges
The country's fuel consumption has exceeded pre-virus levels and is expected to be more resilient than last year...
UK urged to end oil and gas exploration in North Sea
The country is competing with Denmark’s recent decision to stall North Sea exploration to secure its position as a ‘credible climate champion’...
Kuwait Oil Company set to award $754 mn contracts
The contracts are part of KOC’s efforts to expand its drilling, exploration and development operations...