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
Baker Hughes’ Angola oil and gas facility to be hub for southern AfricaInternational Finance DeskJune 10, 2019 by International Finance DeskJune 10, 2019 The hub’s operations will be run by a majority of skilled Angolan workforce boosting skills development in Africa... Read more
Iran, Turkey to establish joint bank to ‘bypass the US sanctions’International Finance DeskJune 3, 2019 by International Finance DeskJune 3, 2019 Iran's ambassador to Turkey said that the mutual cooperation between Turkey and Iran was needed to create a 'new financial mechanism'... Read more
Delek’s Chevron acquisition is a ‘key part’ of its global E&P expansionInternational Finance DeskMay 30, 2019November 14, 2019 by International Finance DeskMay 30, 2019November 14, 2019 With the acquisition, Ithaca Energy will become the second largest oil and gas producer in the UK North Sea... Read more
BP’s sale of GUPCO stake marks the end of a 50-year partnershipInternational Finance DeskMay 24, 2019November 14, 2019 by International Finance DeskMay 24, 2019November 14, 2019 The company will sell its stakes to Dragon Oil for more than $600 million, according to industry sources... Read more
Aramco aims to become the leading LNG player with Sempra dealInternational Finance DeskMay 23, 2019November 14, 2019 by International Finance DeskMay 23, 2019November 14, 2019 Aramco would buy 5 million tons of liquefied natural gas per year from Sempra’s Port Arthur in Texas... Read more
Malaysia’s Barakah slumps 21% as unit defaults loan paymentsInternational Finance DeskMay 23, 2019November 14, 2019 by International Finance DeskMay 23, 2019November 14, 2019 The group is in the middle of finalising a debt restructuring scheme to manage the group’s debt, Barakah said... Read more
Turkey plans oil and gas exploration off Cyprus despite warningInternational Finance DeskMay 21, 2019 by International Finance DeskMay 21, 2019 The tensions worsened when a senior Cypriot official said that Nicosia will issue arrest warrants ‘for all involved’ in drilling operations... Read more
CNPC is the first major foreign investor to explore Myanmar’s fuel marketInternational Finance DeskMay 20, 2019 by International Finance DeskMay 20, 2019 It will establish ‘several dozen’ petrol stations in Yangon, Mandalay, and capital Naypyidaw... Read more