FeaturedOil & GasAdnoc to invest upto Dh1.5 bn to set up 60 new gas stations in DubaiInternational FinanceFebruary 13, 2020March 18, 2020 by International FinanceFebruary 13, 2020March 18, 2020 Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company... Read more
FeaturedOil & Gas2030: Adnoc to cut greenhouse gas emissions by 25%Pritam BordoloiFebruary 11, 2020February 11, 2020 by Pritam BordoloiFebruary 11, 2020February 11, 2020 ADNOC is already among the five lowest carbon emitters in the oil and gas industry... Read more
FeaturedOil & GasPetrobras and Chevron to sell 100% stake in the Papa-Terra oilfieldPritam BordoloiFebruary 4, 2020February 4, 2020 by Pritam BordoloiFebruary 4, 2020February 4, 2020 Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%... Read more
FeaturedOil & GasPetrobras hires 7 banks to sell stakes in fuel distribution unitPritam BordoloiJanuary 30, 2020March 10, 2020 by Pritam BordoloiJanuary 30, 2020March 10, 2020 Morgan Stanley, JPMorgan Chase and Goldman Sachs are among the banks hired for the stake sale in Petrobras Distribuidora... Read more
FeaturedOil & GasAdnoc’s $15 bn pipeline sale attracts BlackRock, KKRPritam BordoloiJanuary 30, 2020 by Pritam BordoloiJanuary 30, 2020 Adnoc plans to sell a 49% stake in its natural gas pipeline unit for $15 bn... Read more
FeaturedTechnologySaudi Aramco buys shares in blockchain oil trading company VaktPritam BordoloiJanuary 29, 2020February 3, 2020 by Pritam BordoloiJanuary 29, 2020February 3, 2020 Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia... Read more
UncategorizedSNOC, Eni discover first gas field in Sharjah in over three decadesInternational FinanceJanuary 28, 2020March 18, 2020 by International FinanceJanuary 28, 2020March 18, 2020 The discovery of Mahani is anticipated to drive the emirate’s economic development and attract global investors... Read more
FeaturedOil & GasMubadala Petroleum sells stakes in Indonesian gas fieldsPritam BordoloiJanuary 24, 2020January 24, 2020 by Pritam BordoloiJanuary 24, 2020January 24, 2020 Premier Oil acquires 20% stakes in the Andaman I and South Andaman blocks... Read more
EconomyFeaturedSaudi Arabia to pump Aramco IPO proceeds into its economyPritam BordoloiJanuary 22, 2020January 22, 2020 by Pritam BordoloiJanuary 22, 2020January 22, 2020 Around $30 bn will be invested in different sectors over the years including defence... Read more
EnergyFeaturedAdnoc, Eni to tap into new opportunities in oil and gas sectorInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 They will explore opportunities in carbon capture utilisation and storage as well as research and development... Read more