Adnoc to continue investments to achieve 2030 targets
Adnoc wants to produce 5 million barrels of oil per day by 2030...
Category : Oil & Gas
Trump, US oil companies to discuss tariffs on Saudi oil
CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House...
Aramco mulls selling pipeline stake to raise cash
Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic...
Coronavirus, oil price war take its toll on African oil producers
Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession...
Coronavirus: Shell to cut spending by up to $9 billion
Other oil majors including Exxon Mobil, BP, Chevron, and Total are also reducing spending...
Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...
Adnoc awards contracts worth $1.65 bn for gas development projects
The contracts are awarded to Petrofac and a JV between Petrofac and Sapura Energy...
Mubadala, OMW sign $4.68bn deal for Borealis acquisition
OMV will acquire 39 percent of Mubadala's stake in Borealis through the partnership...
Adnoc to supply over 4 mn bpd from April as global oil price plunges
The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030...
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...