TAQA to invest $1.2bn in acquisitions as part of 2021 transformation plan
TAQA is in talks to acquire two firms in N America by end 2019 in an effort to boost its oilfield services business...
Category : Oil & Gas
Nigeria licences 43 new oil refineries, grants tax waivers to refiners
Two of the new Nigerian oil refineries that are of more than 7000 barrels capacity will be inaugurated next week...
Malaysia oil and gas firm Barakah forays into Middle East with Saudi’s Vallianz
The debt-ridden Malaysian company is seeking strategic alliances as part of a restructuring...
Abu Dhabi fund’s $1.1 bn investment in pipelines to deliver ‘solid returns’
In a first for the UAE, a domestic institutional investor pumps capital into energy infrastructure...
Trump’s executive orders to revive US energy sector and jobs
Trump’s orders are in line with the Republican strategy to increase US energy sector jobs...
Shell, Sinopec to jointly explore new oil reserves in China
Shell is one of the few international oil and gas explorers to venture into China’s shale oil discovery...
Russia will decide OPEC oil cuts extension depending on the market
President Putin said Russian companies have new plans to develop fields which “should be taken into account”...
Big Oil to get access to vast Brazil crude reserves with Petrobras settlement
Oil reserves potentially double that of Norway open up for exploration by global oil majors with Petrobras ceding control...
Russia, Colombia lead global oil and gas discoveries in Q4 2018
Russia had two natural gas discoveries in the West Siberian basin and an oildiscovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin, says GlobalData...
Gas and oil digital investment is expected to soar in the coming months
In the first quarter of this year, prices are expected to sit around $62 per barrel...