From the field

ADNOC considering loan of up to $5 bln

Abu Dhabi National Oil Company (ADNOC) is negotiating a loan worth up to USD 5 billion, Reuters cited sources as… Read More

7 years ago

Andes to merge with Argentina’s PETSA

South America-focused E&P company Andes Energía will merge with Trefoil, a 99.99% owner of Argentina’s Petrolera El Trébol (PETSA), to… Read More

7 years ago

Nigeria to cap output at 1.8 million bopd

Nigeria will voluntarily limit its oil production to 1 Read More

7 years ago

Schlumberger, Halliburton post results

Oilfield services giant Halliburton posted adjusted Q2 income of USD 201 million on Monday, days after competitor Schlumberger announced a… Read More

7 years ago

Saudi’s economy sees hit in projected growth

Saudi Arabia’s GDP growth is expected to falter this year due to oil production cuts, structural reforms and uncertainty in… Read More

7 years ago

India approves HPCL, ONGC merger: report

The Indian Cabinet Committee on Economic Affairs has approved “in principle” the sale of the government’s 51.11% stake in refiner… Read More

7 years ago

Oil struggles ahead of OPEC meeting

Oil prices wavered between small gains and losses in European trade on Monday, ahead of a highly-anticipated meeting of some… Read More

7 years ago

Saudi Bahri signs logistics joint venture with Bolloré

National Shipping Company of Saudi Arabia (Bahri), signed a new logistics joint venture agreement with French transportation company Bolloré Logistics on… Read More

7 years ago

Exxon challenges Russia fine

Super-major ExxonMobil said on Friday it was mounting a court challenge against the US Treasury Department over a USD 2-million… Read More

7 years ago

Indonesia stakes South China Sea claim

Indonesia’s Ministry of Energy & Mineral Resources signed a Memorandum of Understanding with the army on Thursday to guard upstream… Read More

7 years ago

This website uses cookies.