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’...
Category : Oil & Gas
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...
Venezuela resumes oil shipments to China despite US sanctions
China is the biggest buyer of Venezuelan crude...
Adnoc to spent $122 bn in 5 years to boost output
The budget was recently approved by Abu Dhabi’s Supreme Petroleum Council...
GeoPark set to sell 10% stake in Manati gas field to Gas Bridge
The total transaction is R$144.4 million, including a fixed payment of R$124.4 million plus an earn-out of R$20.0 million...
China eyes Exxon-owned oil fields in Iraq
Both China National Petroleum Corporation and China National Offshore Oil Corporation are interested in the West Qurna 1 oil field...
Brazil’s oil is not fully impacted by contagion effects of economic crisis
By September, Brazil became the third largest supplier of crude oil to China, and is strengthened by the pre-salt Tupi oilfield...
Europe seeks to digitise oil industry for offshore personnel
A report shows a decrease of nearly 4,000 offshore personnel in the UK since the lockdown in March...
Total’s Uganda and Tanzania oil projects face new challenges
The Tilenga project will have an output capacity of 200,000 barrels per day...