FeaturedOil & GasShell, ExxonMobil stall oil production owing to a pipeline leakInternational Finance Business DeskApril 15, 2020April 15, 2020 by International Finance Business DeskApril 15, 2020April 15, 2020 Shell has temporarily suspended oil production after a subsurface leak was discovered on Exxon’s Hoover Offshore Oil Pipeline System... Read more
FeaturedOil & GasDubai Petroleum, Shelf Drilling mutually agree to terminate contract earlyInternational Finance Business DeskApril 9, 2020 by International Finance Business DeskApril 9, 2020 The original termination of the contract was supposed to take place in January 2022... Read more
Oil & GasAramc to sell 0.5% shares to individual investorsPritam BordoloiNovember 11, 2019 by Pritam BordoloiNovember 11, 2019 The Saudi government will have a lock-in period of a year on further share sales after the IPO... Read more
Oil & GasBrazil oil auction fails to achieve the $26 billion targetPritam BordoloiNovember 7, 2019 by Pritam BordoloiNovember 7, 2019 Petrobras acquired 90% of the Buzios oil field, China’s CNOOC and CNODC acquired the other 10%... Read more
Oil & GasAramco and other oil giants to bid for stake in India’s BPCLPritam BordoloiOctober 21, 2019 by Pritam BordoloiOctober 21, 2019 The government of India is looking to offload its 53.29% stake in Bharat Petroleum after privatisation was approved on September 30... Read more
Oil & GasExxonMobil, SABIC plan to build world’s largest ethane steam crackerInternational Finance DeskJune 14, 2019 by International Finance DeskJune 14, 2019 Reports said that the project will cost approximately $10 billion... Read more
CompanySector InsightEight energy companies commit to reduce methane emissions within natural gas industryInternational Finance DeskNovember 23, 2017 by International Finance DeskNovember 23, 2017 The commitment was made to ensure that natural gas continues to play a critical role in helping meet future energy demand... Read more
Social InitiativesExxonMobil and Renewable Energy Group report progress in cellulosic biodiesel researchInternational Finance DeskNovember 2, 2017 by International Finance DeskNovember 2, 2017 Program uses microbes to convert cellulosic sugars into biodiesel... Read more