Top StoriesAbu Dhabi National Oil Company carries out placement to institutional investorsGBO CorrespondentSeptember 15, 2020 GBO CorrespondentSeptember 15, 2020 The placement will boost ADNOC Distribution’s free float to 20 percent...
Top StoriesTanzania, Uganda to construct new East African crude oil pipelineGBO CorrespondentSeptember 14, 2020 GBO CorrespondentSeptember 14, 2020 The cost requirement for the commercial production of the 1,445-km long pipeline...
Top StoriesIraqi government plans to boost processing capacity of its oil refinersGBO CorrespondentSeptember 9, 2020 GBO CorrespondentSeptember 9, 2020 Baiji refinery’s capacity is expected to increase from 75,000 bpd to 280,000...
Top StoriesMexico plans to halt new oil exploration and productionGBO CorrespondentSeptember 7, 2020 GBO CorrespondentSeptember 7, 2020 Mexico will possibly reduce its production target due to low oil production...
Top StoriesPemex is focused on boosting oil revenueGBO CorrespondentSeptember 3, 2020 GBO CorrespondentSeptember 3, 2020 The government of Mexico is betting on new oil explorations amid the...
Top StoriesGlobal oil market recovers with rise in Chinese oil demandGBO CorrespondentSeptember 1, 2020 GBO CorrespondentSeptember 1, 2020 Chinese imports of US crude oil surged in August...
Top StoriesTotal signs security pact with Mozambique to establish natural gas projectGBO CorrespondentAugust 26, 2020 GBO CorrespondentAugust 26, 2020 The new project will generate $50 billion revenue for Mozambique in the...
Top StoriesAramco to open corporate development organisation in Saudi ArabiaGBO CorrespondentAugust 24, 2020 GBO CorrespondentAugust 24, 2020 The company’s second quarter profit slumped by 73 percent...
Top StoriesPetronas plans to acquire DoublePoint EnergyGBO CorrespondentAugust 24, 2020 GBO CorrespondentAugust 24, 2020 DoublePoint Energy pumps about 55,000 barrels of oil a day...
Top StoriesNigeria aims to increase oil production by 250,000 BpdGBO CorrespondentAugust 21, 2020 GBO CorrespondentAugust 21, 2020 The country is aiming for 500,000 bpd by 2022...