Indonesia’s Pertamina to expand overseas in 2020
The oil and gas firm’s total budget to include funds required for expansion in Algeria and Iraq
Qatar Petroleum, Total to explore offshore Namibia blocks
While Qatar Petroleum will hold a 30% participating interest, Total will hold 40%
Petrobras privatisation attracts oil giants Aramco and PetroChina
The privatisation of eight Petrobras’ refineries could raise around $18 bn
Kenya to export first ever oil consignment worth $12 mn
ChemChina buys 200,000 barrels of crude oil from Kenya, to be shipped from the Mombasa port
The Philippines signs oil and gas deal with China
Discussion regarding the maritime disputes between the two countries will be held next week
US asks China to keep hands off Vietnam’s oil and gas
China coercing Vietnam to end collaboration with Russian, US, and other international oil firms
Adnoc in one of world’s largest ‘smart procurement’ contracts
The award complements Adnoc’s upstream growth plans
Lazard and Moelis to advise Saudi Aramco on planned IPO
The two banks aim to ensure Saudi Aramco reaches the expected valuation of $100 billion from a 5 percent stake sale in the company
Mexico’s Pemex’s goals for 2024 too optimistic: Fitch
The company is not keen on joint ventures, although it might prove to be a solution to its problem
Kenya in favour of Qatar Petroleum’s deal on oil blocks
Petroleum Principal Secretary Andrew Kamau said the approvals will be given for the oil blocks’ acquisition
Kuwait determined to implement oil accord to support crude prices
The country’s efforts stem from the need to reduce excess output which might result in falling prices