IndustryMagazineOil & Gas5G to drive oil and gas digitisationInternational Finance Business DeskJuly 30, 2021August 2, 2021 by International Finance Business DeskJuly 30, 2021August 2, 2021 5G brings a whole host of opportunities and developments that has the potential to transform the whole industry... Read more
FeaturedOil & GasExxon makes new discovery at Whiptail in the Stabroek Block offshore GuyanaInternational Finance Business DeskJuly 29, 2021 by International Finance Business DeskJuly 29, 2021 The Whiptail discovery is located approximately 4 miles southeast of the Uaru-1 discovery... Read more
FeaturedOil & GasPetrobras launches tender for EPCI services for its Búzios 8 projectInternational Finance Business DeskJuly 22, 2021July 22, 2021 by International Finance Business DeskJuly 22, 2021July 22, 2021 Commercial proposals must be submitted by October 14 and the contract is for a period of five years... Read more
FeaturedOil & GasOil prices soar to a three year high as OPEC+ abandons meeting without a dealInternational Finance Business DeskJuly 6, 2021July 6, 2021 by International Finance Business DeskJuly 6, 2021July 6, 2021 Several days of negotiations could not resolve a dispute between Saudi Arabia and the UAE... Read more
FeaturedOil & GasUAE to become the first major oil exporter to target net-zero by 2050International Finance Business DeskJune 28, 2021 by International Finance Business DeskJune 28, 2021 The UAE announced its plan before its meeting at the Glasgow climate summit and it could achieve its target while continuing to sell oil and gas... Read more
FeaturedOil & GasChina discovers new oil and gas in Xinjiang Uygur autonomous regionInternational Finance Business DeskJune 21, 2021 by International Finance Business DeskJune 21, 2021 Located in the Fuman Oilfield area, the well contains 1 bn ton of oil and gas... Read more
FeaturedOil & GasADNOC awards $510 mn contract to Saipem to expand Shah sour gas capacityInternational Finance Business DeskJune 16, 2021 by International Finance Business DeskJune 16, 2021 The contract will increase the plant’s capacity by 13% to 1.45 bn cubic feet per day by 2023... Read more
EconomyFeaturedSaudi Arabia’s GDP declines 3% in the first quarterInternational Finance Business DeskJune 15, 2021 by International Finance Business DeskJune 15, 2021 This is attributed to a steep decline of 11.7 percent in crude oil production during the same period... Read more
EnergyFeaturedPetrobras to sell its 27.88% stake in the Deten Quimica petrochemical complexInternational Finance Business DeskJune 3, 2021 by International Finance Business DeskJune 3, 2021 The petrochemical complex is located in the northeastern state of Bahia... Read more
FeaturedOil & GasSpending on new oil and gas projects needs to end: IEAInternational Finance Business DeskMay 20, 2021 by International Finance Business DeskMay 20, 2021 IEA says there is a narrow path that exists for the world to avoid catastrophic climate change in the future... Read more