Kenya signs crude processing deal for first ever oil development
Total, Tullow Oil and Africa Oil are the joint venture partners for the development of the oil fields in the South Lokichar...
Category : Oil & Gas
India finally allocates land for $44 bn refinery with Adnoc, Aramco
Aramco and ADNOC inch closer to building the oil refinery in Raigad district of Maharashtra, India...
ONGC’s auction of 60 fields to private operators will enhance production
These fields contribute only 5 % to ONGC’s total production, while 95 % of its production comes from 60 large fields...
ExxonMobil, SABIC plan to build world’s largest ethane steam cracker
Reports said that the project will cost approximately $10 billion...
Kuwait’s oil and gas projects worth $62 bn under construction
According to ProTenders data, the upcoming oil and gas projects in the country are worth $40.4 billion...
Aramco proposes to acquire stake in Novatek’s Arctic LNG 2 project
CEO Leonid Mikhelson said Novatek is planning to sell p to 30 percent stake in its latest Artic project ‘if the terms are favourable’...
Baker Hughes’ Angola oil and gas facility to be hub for southern Africa
The hub’s operations will be run by a majority of skilled Angolan workforce boosting skills development in Africa...
Iran, Turkey to establish joint bank to ‘bypass the US sanctions’
Iran's ambassador to Turkey said that the mutual cooperation between Turkey and Iran was needed to create a 'new financial mechanism'...
Delek’s Chevron acquisition is a ‘key part’ of its global E&P expansion
With the acquisition, Ithaca Energy will become the second largest oil and gas producer in the UK North Sea...
BP’s sale of GUPCO stake marks the end of a 50-year partnership
The company will sell its stakes to Dragon Oil for more than $600 million, according to industry sources...