India to launch its second oil and gas field auction on August 9
60 discoveries have been clubbed into 26 contract areas that spread over 3,100 sq km, and over eight sedimentary basins...
Tag : oil
Iran locked out again – What happens to trading favourites in Europe?
Iran faces economic sanctions again, but it has managed to forge multi-million dollar trade deals with many European and Asian nations. It is OPEC’s third largest oil producer, and has a treasure trove of minerals and natural resources, but with Trump’ administration coming down hard on Iran, what happens next?...
Royal Dutch Shell plc releases its first quarter 2018 Euro and GBP equivalent dividend payments
The Board announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2018 interim dividend, which was announced on April 26, 2018 at US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”)...
Saudi Aramco signs 16 contracts to operate its community over the next decade
The center aims at capturing opportunities in the hospitality and facilities management industry to create jobs for Saudi youth by equipping them with the required education and skills via offering internally-accredited training courses...
Shell Lubricants and Hyundai complete a decade of partnership in India
The two organisations announced the extension of their contract for the next 3 years during which they will continue to collaborate and improve both the driving as well as the servicing experiences for customers and their Hyundai cars...
Energy, mining and utilities sector leans green as M&A activity dips
According to the report, new research suggests that the Energy, Mining & Utilities (EMU) sector has undergone a structural shift as EMU leans green...
Gazprom and RUSNANO to advance cooperation on certification efforts
Both the companies will help to boost the demand for innovative products, including nanotechnologies, in the gas industry...
CNPC awarded stakes in two concessions of ADNOC
China National Petroleum Corporation (CNPC) has been awarded stakes in two concession areas belonging to the Abu Dhabi National Oil Company (ADNOC) after the two parties signed a 40-year agreement...
Saudi Arabia, Egypt resumed oil products shipment
A three-month deal worth US$1.4bn has been signed between Saudi Aramco and the Egyptian General Petroleum Corporation...
US energy import will exceed its export capacity until 2026, says EIA
However, its record volumes of oil production will potentially outdo Saudi Arabia and Russia in crude sector...