Companies

Aramco has appointed JPMorgan Chase &. Co and Morgan Stanley to advise on the SABIC deal.

Gazprom has invested tens of million dollars at sensitive oil and gas fields.

Oil producer has alternative channels to transport crude to its customers in Europe.

China’s crude oil production dropped by 2.3 percent on the year in June.

Gazprom planned to borrow 417 billion rubles. one third of the amount needed for the construction (1.2 trillion rubles).

Total produced 2.7 million barrels of oil equivalent per day in the first six month of the year. compared to 2.5m in H1 2017.

The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.

Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria.

Sinopec. offshore oil and gas producer CNOOC Ltd and China’s largest oil producer PetroChina will publish their final first-half results in August.

The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.