Featured Oil & GasConocoPhillips secures contract for shallow-water blockWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021ConocoPhillips has secured the contract with 85 percent interest, while Petronas Carigali, the sole partner of Petronas on the offshore block, holds 15 percent...Read more
Featured Oil & GasMexico plans to revamp oil hedgePritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021The country is expected to foil oil market swings including speculations from others in the marketplace...Read more
Featured Oil & GasPanoro signs $180 mn deal for Tullow Oil acquisitionPritam BordoloiFebruary 15, 2021 by Pritam BordoloiFebruary 15, 2021It will acquire a 14.24 working interest in Equatorial Guinea’s Block G and a 10 percent working interest in Gabon’s Dussafu Marin permit...Read more
Oil & GasIraq in talks to build crude oil storage facilities in ChinaPritam BordoloiFebruary 15, 2021 by Pritam BordoloiFebruary 15, 2021The recent developments are part of Iraq’s plan to boost oil sales in Asia...Read more
Featured Oil & GasEgypt set to launch new oil and gas exploration bid roundInternational Finance Business DeskFebruary 12, 2021 by International Finance Business DeskFebruary 12, 2021Nine exploration and production agreements were signed prior to the bid announcement...Read more
Featured Oil & GasAsian refiners’ bets on European crude cargo after Saudi oil output cutPritam BordoloiFebruary 11, 2021February 11, 2021 by Pritam BordoloiFebruary 11, 2021February 11, 2021The trading unit of Chinese oil a gas major Sinopec, Unipec has acquired four North Sea crude shipments this week...Read more
Energy FeaturedQatar Petroleum signs contract for North Field LNG project expansionPritam BordoloiFebruary 10, 2021 by Pritam BordoloiFebruary 10, 2021The LNG supplier wants to boost output by 40% a year by 2026...Read more
Featured Oil & GasChina’s CNOOC to raise capex to 7-year highPritam BordoloiFebruary 8, 2021 by Pritam BordoloiFebruary 8, 2021This is attributed to a 5% increase in domestic output...Read more
Featured Oil & GasPetrobras continues divestment; sells Polo Urucu gas fieldInternational Finance Business DeskFebruary 3, 2021 by International Finance Business DeskFebruary 3, 2021Eneva has established gas fields such as the Polo Gavioes which account for nearly 10 percent of Brazil's thermal power generation capacity...Read more
Energy FeaturedBP agrees to sell 20% stake in Oman’s Block 61 for $2.6 bnPritam BordoloiFebruary 2, 2021 by Pritam BordoloiFebruary 2, 2021The stakes will be sold to Thailand’s PTT Exploration and Production...Read more