Kurdistan gas fields likely to be largest in whole of Iraq: Dana Gas
The company’s 35% share of hydrocarbon reserves at Pearl Petroleum is now equal to 1 billion barrels of oil equivalent...
Category : Oil & Gas
After India, Adnoc enters China to explore oil and gas investments
Adnoc and China's Cnooc will assess opportunities for partnerships and co-investments in the LNG sector...
McDermott wins two contracts worth $4.5 bn for Aramco’s mega project
The Marjan Increment Development Project is anticipated to increase production from 500,000 to 800,000 barrels per day...
HitecVision, Oman’s Petrogas to buy Total’s British oilfields for $635 mn
The portfolio includes Total’s oilfields in Dumbarton, Balloch, Lochranza, Drumtochty, Flyndre and Affleck...
NBK Capital to advise Kuwait Petroleum on $2 billion financing
Kuwait Petroleum is planning to invest hundreds of billions of dollars to reach production capacity of 4.75 million barrels per day by 2040...
Chevron, Qatar Petroleum sign petrochemical deal worth $8 bn
Chevron will hold a higher stake in the project and be responsible for the facility’s operation...
Turkey stokes tension with second oil exploration in Mediterranean
The second drillship called the Yavuz had arrived off the east coast of Cyprus overnight, according to Refinitiv Eikon data...
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”...
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...