Saudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demand
the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd...
Category : Oil & Gas
Oil and Gas deals worth $76.46 bn signed globally in Q4 2019
Oil and gas deals worth $37.6 bn signed in the month of December alone...
CEO: No secondary listing of Aramco shares to take place for a year
An international listing will be discussed by Aramco, but not at this point of time...
Saudi Aramco plans $110 bn investment to develop Jafurah gas field
The field is estimated to have a gas volume of 200 trillion cubic feet...
2030: Adnoc to cut greenhouse gas emissions by 25%
ADNOC is already among the five lowest carbon emitters in the oil and gas industry...
Petrobras and Chevron to sell 100% stake in the Papa-Terra oilfield
Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%...
Petrobras hires 7 banks to sell stakes in fuel distribution unit
Morgan Stanley, JPMorgan Chase and Goldman Sachs are among the banks hired for the stake sale in Petrobras Distribuidora...
Adnoc’s $15 bn pipeline sale attracts BlackRock, KKR
Adnoc plans to sell a 49% stake in its natural gas pipeline unit for $15 bn...
Mubadala Petroleum sells stakes in Indonesian gas fields
Premier Oil acquires 20% stakes in the Andaman I and South Andaman blocks...
Petrobras finally makes an exit from the African continent
Petrobras’ share of production from its Nigerian assets in 2019 was around 34,000 barrels per day...