Latest news
Equinor to buy Barra's 10% stake in Brazil's Carcara
Barra Energia CEO Renato Bertani (left), and Anders Opedal, Equinor Brazil country manager (right). Photo courtesy of Equinor.
read more... 05/07/2018
Exxon, Total Win Tender to Explore for Oil and Gas Off Greece’s Crete
A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off Greece, the energy ministry said on Tuesday.
read more... 04/07/2018
US Softens Stance On Countries Buying Iranian Oil
The United States will work with countries importing Iranian oil on a case by case basis to get as many of them as possible “down to zero” by early November, the U.S. State Department said on Thursday, clarifying comments from earlier this week that suggested there wouldn’t be any waivers for Iran’s oil buyers.
read more... 29/06/2018
Saudi Aramco, Abu Dhabi to build mega refinery in India
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) will build a new $44 billion mega refinery and petrochemicals complex in India's western port city of Ratnagiri, the companies announced Monday.
read more... 28/06/2018
Saudi Arabia to boost oil production to record high
OPEC leader Saudi Arabia is set to increase oil production to a record 10.8 million barrels per day (bpd) in July, Bloomberg reports.
read more... 27/06/2018