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%...
Category : Oil & Gas
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...
Adnoc lures foreign investors to explore new financing options
The oil giant has raised more than $19 billion from foreign investors in the last three years...
Saudi Aramco shares fall $200 bn amid fears of impending US-Iran war
Under the shadow of a US-Iran clash, Saudi Aramco shares have plunged by 10%...
Kuwait inks 15-year pact with Qatar to import gas from 2022
Kuwait’s dire need of gas to be fulfilled from 2022...
Disputes settled, Gazprom extends gas deal with Ukraine
Gazprom and Ukraine have agreed not to start any new gas lawsuits against each other...
Lukoil: Russia’s oil production to reach 12 bpd by 2035
Currently, Russia pumps around 11.2 million bpd of oil and condensate...