Domestic fuel margins improve: Petrobras stops crude sales to China
Petrobras CEO Castello Branco served the position until the President ousted him...
Category Oil and Gas
IMF approves $2.34 bn in financing for Kenya
The implementation of a 16% increase in VAT is to help the...
PipeChina begin operations at gas lines and LNG terminal acquired from Kunlun Energy
Acquired assets from Kunlun Energy include four parallel gas trunk lines and...
Schlumberger secures contract worth $480 mn with Basara Oil and ExxonMobil in Iraq
Schlumberger won the contract to drill 96 oil wells in southern Iraq...
GBO
Magazine
Aseer’s growth engine accelerates
Petroleum Development Oman signs $4 bn service contracts
The new contracts worth $4 bn is expected to boost the Omani...
Chinese oil imports record unexpected surge in January
Refinery intakes remain robust, with an average of 14 million bpd in...
CNOOC plans to boost capital spending for 2021
According to the company, 68% of the targeted production for domestic output...
Global oil consumption in 2020 recorded 9% slump, says EIA
The consumption is expected to surge 6 percent to 5.6 million bpd...
Mubadala Petroleum signs oil and gas exploration agreement with Egypt
According to the agreement, Mubadala Petroleum will hold 27 percent participation interest...