Mexico’s Pemex launches tender offer to prepay $5 bn in bonds
Pemex is now the world’s most heavily indebted oil company with $104 bn in debt...
Category : Oil & Gas
Mexico to introduce world’s largest oil hedge programme
Delay in this year’s hedge was because of increased volatility and changing prices in Mexico’s flagship Maya crude...
New Aramco chairman takes charge, assures transparency
Yassir Al Rumayyan’s appointment is a clear indication that Saudi Arabia is fast-tracking a local listing of Aramco...
Aramco replaces chairman with sovereign wealth fund chief
Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO...
Saudi Aramco favours Tokyo for international listing of its IPO
London and Hong Kong, considered previously for the listing, have been eliminated owing to political uncertainties...
Indonesia’s Pertamina to expand overseas in 2020
The oil and gas firm’s total budget to include funds required for expansion in Algeria and Iraq...
Qatar Petroleum, Total to explore offshore Namibia blocks
While Qatar Petroleum will hold a 30% participating interest, Total will hold 40%...
Petrobras privatisation attracts oil giants Aramco and PetroChina
The privatisation of eight Petrobras’ refineries could raise around $18 bn...
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...