Shell to sell Gasnor as part of its divestment plan
The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy...
Tag : oil and gas
Kariya Energy seeks to acquire oil and gas assets in Africa nations
The company will target producing oil and gas assets, in addition to developing small-scale LNG...
China’s largest oil giants announce plans to reduce emissions
China’s biggest oil producer PetroChina is pledging net-zero greenhouse gas emissions by 2050...
Total, Mozambique sign security pact for $20 bn natural gas project
A joint task force will be formed to provide security for Mozambique LNG project activities in the Afungi site...
Aramco delays mega petro projects to save cash and preserve dividends
Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold...
Nigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2
Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since...
Argentina seeks to boost oil and gas production as part of economic revival
In the first half of the year, the country’s crude oil exports increased 33 percent to an average of 51,840 barrels per day...
Aramco discovers two new oil fields in northern parts of the kingdom
The oil fields have been discovered in Northern region of Abraq Al Toloul and Al Jof...
Africa Energy to increase stake in Block 11B/12B
The company will increase its stake from 4.9 percent to 10 percent...
Petrobras initiates sale deal for 26 onshore oil fields and refinery
The state-owned company has signed a deal with SPE Rio Ventura for the sale...