Adnoc to enter Indian lubricant market amid Covid-19 pandemic
The company’s net profits slumped 22.4 percent to Dh 910 million in...
Oil and Gas
China to sign a $400 billion deal with Iran for a 25-year period
The investment will bolster ties between the two countries...
Aramco, Exxon set goals to cut their greenhouse gas emissions
The target is set by the 12 members of the Oil and...
Petrobras is preparing tender for Brazil’s largest oil platform
Petrobras plans to launch the tender by the end of August...
Japan to invest $14.4 bn in African LNG sector
A banking syndicate led by Japan Bank for International Cooperation and three...
Oil giant Petrobras to lay off 20% of its workforce
Brazilian state-owned oil company Petrobras could let go around 20 percent of...
COVID-19 and oil price war: Double whammy for Gulf nations
As global demand for crude remains low due to Covid-19 — the...
Russia, OPEC discuss oil cuts ahead of scheduled June meeting
Some OPEC members are considering output cuts till the end of 2020...
Petrobras to issue global bonds in the US market
Petrobras hired BNP Paribas Securities, BofA Securities, Itau BBA USA Securities, J.P....
Africa’s oil and gas under strain amid global crisis
Renewable energy is recognised as an alternative that could help to mitigate...