Oil & GasAdnoc awards contracts worth $245 mn to upgrade oil linesPritam BordoloiSeptember 11, 2020 by Pritam BordoloiSeptember 11, 2020 The contracts were awarded to China Petroleum Pipeline Engineering Company – Abu Dhabi and Target Engineering Construction... Read more
FeaturedOil & GasShell to sell Gasnor as part of its divestment planInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy... Read more
FeaturedOil & GasKariya Energy seeks to acquire oil and gas assets in Africa nationsInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company will target producing oil and gas assets, in addition to developing small-scale LNG... Read more
FeaturedOil & GasUSTDA to $1.2 mn for Senegal’s first major gas pipeline projectInternational Finance Business DeskSeptember 4, 2020 by International Finance Business DeskSeptember 4, 2020 The grant will support the feasibility study to develop Senegal’s first major onshore gas pipeline... Read more
FeaturedOil & GasTotal, Mozambique sign security pact for $20 bn natural gas projectInternational Finance Business DeskSeptember 3, 2020 by International Finance Business DeskSeptember 3, 2020 A joint task force will be formed to provide security for Mozambique LNG project activities in the Afungi site... Read more
FeaturedOil & GasArgentina seeks to boost oil and gas production as part of economic revivalInternational Finance Business DeskAugust 31, 2020September 2, 2020 by International Finance Business DeskAugust 31, 2020September 2, 2020 In the first half of the year, the country’s crude oil exports increased 33 percent to an average of 51,840 barrels per day... Read more
Oil & GasAramco discovers two new oil fields in northern parts of the kingdomPritam BordoloiAugust 31, 2020 by Pritam BordoloiAugust 31, 2020 The oil fields have been discovered in Northern region of Abraq Al Toloul and Al Jof... Read more
FeaturedOil & GasAfrica Energy to increase stake in Block 11B/12BInternational Finance Business DeskAugust 26, 2020 by International Finance Business DeskAugust 26, 2020 The company will increase its stake from 4.9 percent to 10 percent... Read more
FeaturedOil & GasPetrobras initiates sale deal for 26 onshore oil fields and refineryInternational Finance Business DeskAugust 25, 2020August 25, 2020 by International Finance Business DeskAugust 25, 2020August 25, 2020 The state-owned company has signed a deal with SPE Rio Ventura for the sale... Read more
Oil & GasAdnoc’s $3.5 bn Ruwais upgradation to be completed in 2022Pritam BordoloiAugust 18, 2020 by Pritam BordoloiAugust 18, 2020 Once completed, the project will allow Adnoc to process up to 420,000 bpd... Read more