Mubadala Petroleum Company announced it has assigned Mansoor Mohamed Al Hamed as Chief Executive Officer (CEO) for its international oil and gas exploration and production (E&P) company which is fully owned by Mubadala Investment Company (Mubadala).
BP company announced that it is launching its first share award program for its employees who are more than 60,000, motivating them to support its plan of renewable energy transition.
LUKOIL Company announced that it has achieved total proved hydrocarbon reserves of 15.38 billion barrels (bbl) of oil equivalent, 76% of which stood for liquids until the end of December 2020.
The Deputy Head of Azerbaijan’s State Oil Company SOCAR, Ibrahim Ahmadov, said that the company has shipped a batch of 90,000 tons of Azerbaijani oil to Belarus in February.
Sonatrach company announced that it has recorded increase in its refinery operations by 7.4% during 2020, reaching 27.2 million tons compared to 29.1 million tons in 2019.
Petrofac company announced the formation of industry alliance with companies of Repsol Sinopec Resources UK and TechnipFMC to maximize the recovery of oil and gas from the UK Continental Shelf (UKCS).
Petrofac Company announced that it has bed awarded a drilling management services contract with Carnarvon Petroleum for redeveloping Buffalo well located in offshore East Timor in the Timor sea.
The Indian Prime Minister, Shri Narendra Modi, has inaugurated the recent Propylene Derivatives Petrochemicals (PDPP) Complex at Kochi refinery in kerala governorate, built at a cost of ₹6,000 crore.
ADNOC Distribution announced that it has executed two agreements to acquire 20 service stations in Saudi Arabia worth $15.5 million in Saudi Arabia to increase it total network there to 37 stations.
The Iraq’s Oil Minister, Ihsan Abdul Jabbar, said that his government is going into advanced negotiations with the Chinese companies to establish oil storage facility in China seeking to boost its oil sales to Asia.
