The American development company Hilco Redevelopment Partners (HRP) has completed a $225.5 million deal with Philadelphia Energy Solutions (PES) for the largest and oldest East Coast oil refining complex.
PetroChina Changqing Oilfield Company, a subsidiary of PetroChina, is expected to produce 63 million tonnes of oil equivalent of oil and natural gas in 2025.
The Petroleum Safety Authority (PSA) Norway has granted Spanish oil company Repsol’s subsidiary, Repsol Norge, a production license extension of two years at the Rev field
Total has announced a ramp-up in production following the launch of the Floating Production Storage and Offloading (FPSO) P-70 of the Iara cluster (Block BM-S-11A), located in the deepwater Santos Basin pre-salt offshore Brazil.
Eni has announced changes to the pre-existing financial calendar published on 30 January 2020.
Algerian Sonatrach and French Total have renewed their partnership in liquefied natural gas (LNG) for a further three years.
Wells Fargo, an American lender company, has signed a multi-year contract with Shell and its wholly-owned subsidiary MP2 Energy LLC to secure an annual 150,000 megawatt-hours of renewable energy.
Arab Petroleum Investment Corporation (APICORP) has received ‘AA’ rating from Fitch Ratings, a leading provider of credit ratings, reflecting a strong credit profile and continued growth.
Hungary has signed a year agreement with Russia’s Gazprom for 4.2 billion cubic metres (bcm) of gas from the period of October 2020 to October 2021.
Norway, Europe’s largest oil-producing nation, intends to profoundly increase Arctic oil exploration by offering up 125 new oil exploration permits in the Arctic Barents Sea.
