Saudi Aramco buys big
Saudi Arabia Under the agreement, which covers the entirety of 2017, S-Oil will sell as many as 28 million barrels of diesel, 8 million barrels of naphtha and 2 million barrels of jet fuel. The deal with its largest shareholder is valued at USD 1 billion.
Recent Posts
TotalEnergies, ConocoPhillips reach first oil at Norway project
TotalEnergies and ConocoPhillips have reached first oil production at the North Sea's USD 1 Read More
Equinor takes 45% stake in lithium projects in Arkansas, Texas
Equinor has acquired a 45% stake in two lithium project companies in the USA from Standard Lithium, the Norwegian energy… Read More
Seadrill wins $118-million drillship commitments
Seadrill has been awarded two drillship contracts in South Korea and the US Gulf of Mexico worth a total value… Read More
Namibia gets $138.5-million boost for renewables vision
The World Bank has granted Namibia a $138 Read More
PetroVietnam’s exploration arm announces oil finds
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Mozambique’s Coral Sul FLNG passes performance test
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More