Mubadala Investment company (Mubadala), the Abu Dhabi National Oil Company (ADNOC), and ADQ Holding company announced that they are signed a Memorandum of Understanding (MoU) to establish Abu Dhabi Hydrogen Alliance (the Alliance).
Total Energy Group has agreed to buy a stake of 20% in India’s Adani Green Energy Limited (AGEL) in in attempt to enhance its presence in the renewable energy.
Masoud Karbasian, the CEO of the National Iranian Oil Company (NIOC) announced that the company said NIOC was planning to issue bonds worth IRR 20,000 billion to finance projects aimed at production enhancement and maintenance of oil fields in Iran.
Heirs Holdings Company announced it has acquired of in partnership with Transactional Corporation of Nigeria a stake of 45% in Nigerian Oil License OML 17 and related assets from companies of Shell, Total and Eni through TNOG Oil and Gas limited.
Russia has increase its oil production by 150,000 barrels per day (b/d) to reach 10.19 million barrels per day (mmbl/d) during the period January 1st – 14th after easing the output curbs by the global producers.
The Bahraini National Oil and Gas Authority (NOGA) and Eni Rewind company have signed a memorandum of understanding (MoU) to jointly identify and promote opportunities for water, soil and waste management and repurposing in Bahrain.
Director General of the Lebanese Public Security, Abbas Ibrahim, stated that technical teams from Iraq and Lebanon are going into discussions about the technical details of the imported oil material from Iraq to Lebanon.
Maersk Drilling company announced that has won a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill a development well at the Grove North East in the UK North Sea worth $11.3 million.
According to data issued by the General Administration of Customs, the total China’s oil imports during 2020 reached 542.39 million tons
The Oman’s average daily production of oil has increased 0.23% during December 2020, recording 722,443 barrels per day (b/d) compared to the previous month.
