Adnoc to invest upto Dh1.5 bn to set up 60 new gas stations in Dubai
Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company...
Tag : oil and gas
2030: Adnoc to cut greenhouse gas emissions by 25%
ADNOC is already among the five lowest carbon emitters in the oil and gas industry...
Petrobras and Chevron to sell 100% stake in the Papa-Terra oilfield
Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%...
Petrobras hires 7 banks to sell stakes in fuel distribution unit
Brazil’s state-owned oil company Petrobras has hired seven investment banks to help sell its stakes in its fuel distribution unit, Petrobras Distribuidora. The seven investment banks hired by Petrobras are Morgan Stanley, JPMorgan Chase, Goldman Sachs Group, Itau Unibanco, XP, Bank of America and Citgroup. According to media reports, Petrobras will sell 37.5 percent interest...
Adnoc’s $15 bn pipeline sale attracts BlackRock, KKR
Adnoc plans to sell a 49% stake in its natural gas pipeline unit for $15 bn...
Saudi Aramco buys shares in blockchain oil trading company Vakt
Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia...
SNOC, Eni discover first gas field in Sharjah in over three decades
The discovery of Mahani is anticipated to drive the emirate’s economic development and attract global investors...
Mubadala Petroleum sells stakes in Indonesian gas fields
Premier Oil acquires 20% stakes in the Andaman I and South Andaman blocks...
Saudi Arabia to pump Aramco IPO proceeds into its economy
Around $30 bn will be invested in different sectors over the years including defence...
Adnoc, Eni to tap into new opportunities in oil and gas sector
They will explore opportunities in carbon capture utilisation and storage as well as research and development...