Kenya, Tanzania plan to explore natural gas trading
Tanzania President John Magufuli said “We have natural gas, a lot of gas. We know Kenya needs gas”...
Category : Oil & Gas
China issues more crude import quotas to bring in 56.85 mn tonnes of oil
China’s total quotas issued for 2019 will go up to 151 million tonnes of crude oil or about 3.02 million barrels per day...
Iraq to export crude to Oman; Arab nations to start shared refinery
Under the terms of a new MoU, Iraq will export crude to Oman and set-up storage facilities in both countries...
As Saudi Aramco prepares to restart IPO, investment banks line up
"We have always been clear that the IPO will happen in the 2020-2021 timeframe," Saudi Energy Minister Khalid Al Falih said....
Kuwait Oil awards $597 mn offshore services contract to Halliburton
The six-month integrated offshore drilling services deal is expected to help produce 100,000 barrels of oil per day...
DP World to foray into oil and gas with Topaz acquisition for $1.3 bn
The company has had recently acquired P&O Ferries and P&O Ferrymasters in Europe and Puertos y Logistica in Chile...
Mexico’s Pemex secures $8 bn loan; plans drilling shallow-water fields
Pemex with a debt of $106.5 billiom, reportedly the highest of any oil company, faced a credit rating downgrade...
South Africa develops new oil and gas policy to limit sector uncertainty
The move was initiated after Total SA’s huge deepwater oil discovery off the coast of South Africa...
Lloyds Energy, PNOC sign LNG development MoU in Philippines
Firms will develop LNG facilities and natural gas generation plants in Limay, Bataan, Bauan, Batangas, and Mabini...
Malaysia’s market liberalisation a ‘game-changer’ for gas sector
Malaysia is planning to increase its gas production by 12.5% by 2025 from the current estimate of 8 billion cubic meter per day...