EconomyArab oil exporting country’s economies to shrink by 4.75% in 2020Pritam BordoloiAugust 18, 2020August 18, 2020 by Pritam BordoloiAugust 18, 2020August 18, 2020 The diversified economies in the region to shrink by 2%... Read more
Oil & GasAdnoc’s $3.5 bn Ruwais upgradation to be completed in 2022Pritam BordoloiAugust 18, 2020 by Pritam BordoloiAugust 18, 2020 Once completed, the project will allow Adnoc to process up to 420,000 bpd... Read more
Oil & GasAdnoc searches for potential opportunities in India’s lubricant marketPritam BordoloiAugust 17, 2020August 17, 2020 by Pritam BordoloiAugust 17, 2020August 17, 2020 The oil giant is planning to increase its footprint in the global market... Read more
EnergyPetrofac to reduce its direct and indirect emissions to net zero by 2030Pritam BordoloiAugust 14, 2020 by Pritam BordoloiAugust 14, 2020 According to its CEO, its Our Net Zero target supports the principles of the Paris Agreement... Read more
EnergyRoyal Dutch Shell to buy 50% stake in Nayara Energy’s petro projectPritam BordoloiAugust 13, 2020 by Pritam BordoloiAugust 13, 2020 The deal is expected to cost Shell around $9 bn... Read more
Oil & GasAramco to go ahead with plans to boost output capacity to 13 mn bpd: CEOPritam BordoloiAugust 11, 2020 by Pritam BordoloiAugust 11, 2020 Aramco will go ahead with the plan despite a significant cut in capital expenditure... Read more
Oil & GasChina’s crude oil import sees an estimated 3% drop in JulyPritam BordoloiAugust 7, 2020 by Pritam BordoloiAugust 7, 2020 China have imported on average 11.55 mn bpd in July... Read more
Oil & GasTotal-Adani Gas joint venture seeks licence for fuel retailInternational Finance Business DeskAugust 6, 2020 by International Finance Business DeskAugust 6, 2020 Total had acquired 37.4 percent stake in Adani Gas last year... Read more
Oil & GasMangwana Opportunities acquires 12.5 mn shares in Invictus EnergyInternational Finance Business DeskAugust 6, 2020 by International Finance Business DeskAugust 6, 2020 The raised capital will be used for future exploratory and development work associated with the oil and gas project at Invictus Energy in Muzarabani... Read more
Oil & GasNeo Energy acquires UK North Sea assets from TotalInternational Finance Business DeskAugust 4, 2020August 5, 2020 by International Finance Business DeskAugust 4, 2020August 5, 2020 These assets are estimated to produce an average 23,000 barrels of oil equivalent per day... Read more