Petrobras privatisation attracts oil giants Aramco and PetroChina
The privatisation of eight Petrobras’ refineries could raise around $18 bn...
Category : Oil & Gas
Kenya to export first ever oil consignment worth $12 mn
ChemChina buys 200,000 barrels of crude oil from Kenya, to be shipped from the Mombasa port...
The Philippines signs oil and gas deal with China
Discussion regarding the maritime disputes between the two countries will be held next week...
US asks China to keep hands off Vietnam’s oil and gas
China coercing Vietnam to end collaboration with Russian, US, and other international oil firms...
Adnoc in one of world’s largest ‘smart procurement’ contracts
The award complements Adnoc’s upstream growth plans...
Lazard and Moelis to advise Saudi Aramco on planned IPO
The two banks aim to ensure Saudi Aramco reaches the expected valuation of $100 billion from a 5 percent stake sale in the company...
Mexico’s Pemex’s goals for 2024 too optimistic: Fitch
The company is not keen on joint ventures, although it might prove to be a solution to its problem...
Kenya in favour of Qatar Petroleum’s deal on oil blocks
Petroleum Principal Secretary Andrew Kamau said the approvals will be given for the oil blocks’ acquisition...
Kuwait determined to implement oil accord to support crude prices
The country’s efforts stem from the need to reduce excess output which might result in falling prices...
Saudi Aramco buys 20% in Reliance’s OTC business for $15 bn
The deal is India's largest foreign direct investment till date...