Libya’s NOC Oil Tanker Arrives at Port of Brega
Libya’s National Oil Corporation (NOC) has confirmed that the oil tanker, Valle Di Siviglia, has arrived at the eastern Libyan port of Brega.
News / International
Petrobras to Sell 26 Onshore Oil Fields, Refinery
Brazil’s state-run Petrobras has put up for sale 26 onshore and shallow-water oil fields along with a small refinery, Clara Camarao, in the northeast of Brazil.
Weir Signs Strategic Contract in UAE
Weir Oil & Gas Dubai has signed a three-year agreement for servicing and repairing pumps and motors with a United Arab Emirates (UAE) company.
NNPC Exports $378 MM Worth of Oil, Gas in June
The Nigerian National Petroleum Corporation (NNPC) exported $378.42m worth of crude oil and gas in June 2020.
Iraq to Increase Oil Export Capacity to 6 MMBBL/D
According to Ihsan Ismaael, Iraq’s oil minister, Iraq is set to increase its oil export capacity to 6 million barrels of oil per day (mmbbl/d) up from the country's current levels of 3.8 mmbbl/d.
Aramco Establishes Integrated Corporate Development Organization
The world’s largest oil company, Saudi Aramco, has announced the establishment of an integrated Corporate Development organization in an effort to optimize the company’s portfolio.
Venezuela Restarts Gasoline Production at Cardon Refinery
Venezuela’s state-run oil company, Petroleos de Venezuela, has resumed gas output at Cardon refinery in the midst of widespread fuel shortages.
3 Major Iranian Oil, Gas Projects to be Launched
Three major oil, gas, and petrochemical projects will be inaugurated in Iran on July 24 after the US failed to activate a sanctions trigger mechanism.
Petrosen Increases Sangomar Exploration Area Stake to 18%
The Australian oil company FAR's subsidiary company, FAR Senegal RSSD SA, has announced that Senegalese national oil company, Petrosen, has increased its stake in the Sangomar Exploration Area (SEA) from 10% to 18%.
ConocoPhillips Completes Montney Acreage Acquisition
US supermajor ConocoPhillips has announced its completion of the Montney acreage acquisition in Canada from Kelt Exploration for a total of $390 million.
