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Oil & Gas Trade
Saudi Aramco in Talks to Buy 10% of China's Hengli Petrochemical
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File photo Purchase Licensing RightsSaudi…
Crude Oil
Niger and China Sign Crude Oil MoU Worth $400 Mln, Says Niger State TV
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of …
Oil & Gas Supply
Shell to Close 1,000 Gas Stations to Focus on EV Charging Deployment
Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) ch…
Oil & Gas Trade
Aramco Hikes Dividend 30% to $98 Billion Despite Drop in Profit
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo/File Photo Purchase Li…
LNG
Suriname's Staatsolie Signs Gas Exploration Deal with Petronas, Exxon
Suriname's Staatsolie said on Monday that Malaysia's Petronas and U.S. oil giant Exxon Mobil (XOM.N), opens new tab have agreed to extend exploration of…
Oil & Gas Trade
Aramco Announces Big Gas, Condensate Find in Saudi Arabia
Saudi oil giant Aramco has announced that there has been a major jump in the volume of proven reserves of gas and condensate in its Jafurah unconventional field…
Oil & Gas Trade
Petrobras Board Member Resigns From Brazilian Oil Giant
Petrobras board member Efrain Pereira da Cruz resigned from his position at Brazil’s state-controlled oil company last week, according to two people with …
Oil & Gas Trade
Chevron to Take Up to $4BLN Impairment Impact
Oil giant Chevron has said it would take an accounting hit to part of its U.S. assets and recognize some losses, resulting in an impact in its fourth quarter re…
Oil Field
China's CNPC Replaces U.S. Oil Giant as Lead Contractor for Iraq's West Qurna 1 Oilfield
Representatives attend a handover ceremony in Basra, Iraq, on Jan. 1, 2024. China's leading oil and gas producer, China National Petroleum Corporation (CNPC…
LNG
Chinese Oil Giant Hails Uganda's Approval to Construct Liquidized Petroleum Gas Facility
China National Offshore Oil Corporation (CNOOC) Uganda Limited said on Friday that it welcomed Uganda's recent license granting for the company to construct…
Oil & Gas Trade
Conocophillips to Move Forward With Development of Willow Project in Alaska
A screen displays the logo for ConocoPhillips on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 6, 2022. REUTERS/Brendan McDermid…
Offshore Wind Power
Shell Eyes $6BN in Nigeria Offshore, Gas Investments
Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and liquefied natural gas (LNG) projects, the country’…
Oil & Gas Trade
Aramco Produces First Unconventional Gas at South Ghawar
Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsSaudi Ara…
Oil & Gas Trade
Malaysia's Petronas Poised to Clinch $1.6 BN Deal for Stake in India's Am Green
Picture used for illustrative purposes only.Malaysia’s state oil giant Petronas is close to clinching a $1.6 billion deal for a 25 per cent stake in the a…
Oil & Gas Trade
Brazil's Petrobras Seals Cooperation Deal With Chinese Oil Giant
Brazil’s state energy major Petrobras has inked a strategic cooperation deal with China’s state oil major CNOOC.The deal, Reuters reports, citing a …
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