Mexico’s Pemex secures $8 bn loan; plans drilling shallow-water fieldsInternational Finance DeskJune 28, 2019 by International Finance DeskJune 28, 2019 Pemex with a debt of $106.5 billiom, reportedly the highest of any oil company, faced a credit rating downgrade... Read more
South Africa develops new oil and gas policy to limit sector uncertaintyInternational Finance DeskJune 28, 2019 by International Finance DeskJune 28, 2019 The move was initiated after Total SA’s huge deepwater oil discovery off the coast of South Africa... Read more
Lloyds Energy, PNOC sign LNG development MoU in PhilippinesInternational Finance DeskJune 27, 2019 by International Finance DeskJune 27, 2019 Firms will develop LNG facilities and natural gas generation plants in Limay, Bataan, Bauan, Batangas, and Mabini... Read more
Malaysia’s market liberalisation a ‘game-changer’ for gas sectorInternational Finance DeskJune 27, 2019 by International Finance DeskJune 27, 2019 Malaysia is planning to increase its gas production by 12.5% by 2025 from the current estimate of 8 billion cubic meter per day... Read more
Kenya signs crude processing deal for first ever oil developmentInternational Finance DeskJune 26, 2019 by International Finance DeskJune 26, 2019 Total, Tullow Oil and Africa Oil are the joint venture partners for the development of the oil fields in the South Lokichar... Read more
India finally allocates land for $44 bn refinery with Adnoc, AramcoInternational Finance DeskJune 21, 2019 by International Finance DeskJune 21, 2019 Aramco and ADNOC inch closer to building the oil refinery in Raigad district of Maharashtra, India... Read more
ONGC’s auction of 60 fields to private operators will enhance productionInternational Finance DeskJune 17, 2019 by International Finance DeskJune 17, 2019 These fields contribute only 5 % to ONGC’s total production, while 95 % of its production comes from 60 large fields... Read more
ExxonMobil, SABIC plan to build world’s largest ethane steam crackerInternational Finance DeskJune 14, 2019 by International Finance DeskJune 14, 2019 Reports said that the project will cost approximately $10 billion... Read more
Kuwait’s oil and gas projects worth $62 bn under constructionInternational Finance DeskJune 14, 2019 by International Finance DeskJune 14, 2019 According to ProTenders data, the upcoming oil and gas projects in the country are worth $40.4 billion... Read more
Aramco proposes to acquire stake in Novatek’s Arctic LNG 2 projectInternational Finance DeskJune 11, 2019 by International Finance DeskJune 11, 2019 CEO Leonid Mikhelson said Novatek is planning to sell p to 30 percent stake in its latest Artic project ‘if the terms are favourable’... Read more