NEWS
Multinational - December 01, 2020
Oil was recovered on Tuesday after an overnight fall in Asia, with investors unclear as to whether the world’s major producers would extend output…
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From the Field
NEWS
OPEC puts Angola at the helm in 2021
Angola - December 1, 2020
Angola will take on the rotating presidency of OPEC in 2021 following a decision made during a virtual meeting of the cartel on…
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NEWS
Abu Dhabi - November 30, 2020
Abu Dhabi's ADNOC has awarded a 3D-seismic contract expansion worth USD 519 million to BGP, a subsidiary of China National Petroleum Company. BGP…
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Nigeria launches first modular refinery
From the fieldAngola eyes 2021 Sonangol stake sale
From the fieldUAE allows full foreign ownership of firms
From the fieldOil mixed on oversupply concerns
From the fieldOil continues up on US transition, vaccines
From the fieldOil up on surprise draw on inventories
From the field
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NEWS
Multinational - November 30, 2020
Oil was down on Monday morning in Asia as investors wait to see if OPEC+ will extend supply caps past January. Brent oil futures fell 0.87% to…
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NEWS
November 27, 2020
Oil was mixed on Friday morning in Asia, with continued demand optimism over imminent vaccine rollouts and concern about signs of dissent within…
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NEWS
Multinational - November 26, 2020
Oil was up on Thursday morning in Asia, with a surprise draw in US crude oil supplies tempering fears of an oversupply. Hopes for a return to…
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NEWS
Angola - November 25, 2020
The Angolan government is planning a partial divestment from NOC Sonangol by the end of 2021 or in early 2022, Minister of Finance Vera Daves de…
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NEWS
Nigeria - November 25, 2020
Nigeria launched its first modular refinery on Tuesday, with President Muhammadu Buhari inaugurating the 5,000-bpd Waltersmith facility in Imo…
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NEWS
Abu Dhabi - November 25, 2020
The UAE has relaxed its rules on foreign ownership of companies set up within the emirates, allowing 100% foreign-held businesses. The move is…
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NEWS
Multinational - November 25, 2020
Oil was up on Wednesday morning in Asia, as the market responded to the anticipated roll out of Covid-19 vaccinations and certainty in the US…
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