EnergyFeaturedDNV GL to take the lead on the UK’s offshore transmission projectInternational Finance Business DeskSeptember 17, 2020 by International Finance Business DeskSeptember 17, 2020 The offshore transmission project seeks to shape up the UK’s national strategy in renewable energy... Read more
EnergyOil giants BP, Eni announce gas field discovery in EgyptPritam BordoloiSeptember 17, 2020 by Pritam BordoloiSeptember 17, 2020 The discovery has been made at the Nidoco NW-1 exploratory well... Read more
Oil & GasAdnoc awards contracts worth $245 mn to upgrade oil linesPritam BordoloiSeptember 11, 2020 by Pritam BordoloiSeptember 11, 2020 The contracts were awarded to China Petroleum Pipeline Engineering Company – Abu Dhabi and Target Engineering Construction... Read more
FeaturedOil & GasShell to sell Gasnor as part of its divestment planInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy... Read more
FeaturedOil & GasKariya Energy seeks to acquire oil and gas assets in Africa nationsInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company will target producing oil and gas assets, in addition to developing small-scale LNG... Read more
EnergyChina’s largest oil giants announce plans to reduce emissionsPritam BordoloiSeptember 4, 2020 by Pritam BordoloiSeptember 4, 2020 China’s biggest oil producer PetroChina is pledging net-zero greenhouse gas emissions by 2050... Read more
FeaturedOil & GasTotal, Mozambique sign security pact for $20 bn natural gas projectInternational Finance Business DeskSeptember 3, 2020 by International Finance Business DeskSeptember 3, 2020 A joint task force will be formed to provide security for Mozambique LNG project activities in the Afungi site... Read more
EnergyAramco delays mega petro projects to save cash and preserve dividendsPritam BordoloiSeptember 3, 2020 by Pritam BordoloiSeptember 3, 2020 Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold... Read more
EconomyFeaturedNigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2International Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020 Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since... Read more
FeaturedOil & GasArgentina seeks to boost oil and gas production as part of economic revivalInternational Finance Business DeskAugust 31, 2020September 2, 2020 by International Finance Business DeskAugust 31, 2020September 2, 2020 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... Read more