Petrobras finally makes an exit from the African continent
Petrobras’ share of production from its Nigerian assets in 2019 was around 34,000 barrels per day...
Tag : oil and gas
Adnoc lures foreign investors to explore new financing options
The oil giant has raised more than $19 billion from foreign investors in the last three years...
Saudi Aramco shares fall $200 bn amid fears of impending US-Iran war
Under the shadow of a US-Iran clash, Saudi Aramco shares have plunged by 10%...
Kuwait inks 15-year pact with Qatar to import gas from 2022
Kuwait’s dire need of gas to be fulfilled from 2022...
Disputes settled, Gazprom extends gas deal with Ukraine
Gazprom and Ukraine have agreed not to start any new gas lawsuits against each other...
Lukoil: Russia’s oil production to reach 12 bpd by 2035
Currently, Russia pumps around 11.2 million bpd of oil and condensate...
Aramco is now only company in the world with $2tn valuation
Aramco’s stocks gained 10% on their second day of trading...
Investor appetite pushes Aramco valuation to $1.88 tn
Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday...
Experts: $2 tn valuation possible for Aramco
High demand, reducing production and incentivising shares could drive share prices up...
Aramco allocates 23% shares to non-Saudi investors in IPO
Aramco is expected to list 1.5% of its shares on the Tadawul later this week...