Eni has had a presence in Algeria since 1981 and currently operates 32 mining permits in the country.
Read More »Sinopec Launches $1.5 Billion Investment Company in China`s New Economic Zone
The parent company of Sinopec Corp. Sinopec Group is already operating thermal power business in Xiongan.
Read More »Venezuela Evaluates Plans to Raise Oil Production
Anticorruption probes advanced by the Public Ministry caused that 90 executives of Pdvsa were arrested over the last 11 months.
Read More »CNOOC to Invest $3bn in Nigeria
Nigeria remained the largest investment destination for CNOOC.
Read More »Total Completes £1.1Billion Acquisition of Engie LNG Assets
The supermajor said the deal makes it the number two player in the world for LNG.
Read More »ADNOC Subsidiary Awards Contract to Develop Offshore Oil Field
Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.
Read More »Aramco More Flexible To Oil Price Slump
Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.
Read More »Dana Gas Receives $44m from Kurdistan
Dana Gas’ net share of production in the KRI averaged 26.100 boepd of production during the first half of 2018.
Read More »Aramco IPO Preparations Delay
Saudi Aramco and the country aren’t ready for an IPO that could raise $100 billion but also bring unprecedented scrutiny to the company.
Read More »Abu Dhabi Ports Signs Pact with ADNOC Unit to Manage Oil Spills
The agreement extends to sea areas around all ports owned and managed by Abu Dhabi Ports.
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