From the field

DP World to invest $190 mln in Angola port

Angola's Port of Luanda will see a USD 190-million investment from DP World after the Dubai logistics provider won a… Read More

3 years ago

Oil down on drop in US crude oil supplies

Oil was up Wednesday morning in Asia, boosted by a surprise draw in US crude oil supplies and a drop… Read More

3 years ago

Nigeria to pass oil reform bill by May

Nigeria's parliament expects to pass the country's long-awaited Petroleum Industry Bill (PIB) by April or May, a Senate official said… Read More

3 years ago

Oil down over fading US stimulus hopes

Oil was down Tuesday morning in Asia, over fading hopes of further US stimulus measures being quickly approved alongside ever-growing… Read More

3 years ago

Abu Dhabi launches waste-to-energy tender

Abu Dhabi's Emirates Water and Electricity Company (EWEC) and Abu Dhabi Waste Management Centre (Tadweer) have launched a tender for… Read More

3 years ago

Oil down on increasing Covid-19 cases

Oil was down Monday morning in Asia, recording a second consecutive session of losses as the ever-rising number of Covid-19… Read More

3 years ago

Subsea 7 wins major Angola platform contract

A Chevron subsidiary has awarded Subsea 7 a contract to build and install a platform offshore Cabinda in Angola Read More

3 years ago

Mubadala takes Egypt offshore stake

Abu Dhabi's Mubadala Petroleum has acquired a 27% share in the Shell-operated Block 4 development in Egypt's Red Sea area,… Read More

3 years ago

Energean reaches FID on Nile Delta project

Energean has sanctioned the USD 322-million North El Amriya & North Idkunea (NEA/NI) subsea project in Egypt's Nile Delta region,… Read More

3 years ago

Oil down on Chinese Covid-19 spike

Oil was down Friday morning in Asia, continuing a retreat from the previous week’s 11-month highs, over new Covid-19-induced restrictive… Read More

3 years ago

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