NH Investment & Securities seeks to acquire stake in Adnoc
If the deals come through, it could be one of the largest infrastructure investments made by a Korean securities firm...
Category : Oil & Gas
Pandemic impacts 30 African oil and gas projects: Report
Last month, the price of Brent crude dropped to $25 per barrel despite plans to lower the output by 9.7 mn barrels a day...
Bahrain to develop new oil reserves in the Khalij Al Bahrain basin
Bahrain will invite oil companies to explore the 2,000 sq km oil and deep gas resources...
Petronas to cut costs after Q1 profit slumps by 68%
Petronas will cut capex by 21pc and operating costs by 12pc this year...
Latam oil and gas firms to see profit decline in 2020
Last month, brent crude futures dived 25% marking their lowest record over two decades...
Total cancels plans to acquire Occidental’s Ghana assets
Struggling market condition in part has led to cancellation of the deal...
Oil price increases above Dh110 a barrel after reduced activity
Last month, Opec expected the sector to shrink 6.85 mn bpd...
Brooge Petroleum leases six oil tanks in the UAE to Total
The lease will be for a period of six months, with a potential to renew for another six months...
Lamprell shuts two facilities to reduce overheads
Lamprell closed its Jebel Ali facility and the Sharjah facility will be shuttered following the completion of work on Moray East offshore wind farm...
Total targets global net zero emissions by 2050
Total reported a 35% drop in first-quarter profit for the year...