Chevron to Invest $500M in Argentina Vaca Muerta Shale Area

• Sunday, 11th June 2023
• by Israa Ibrahim

Chevron, the U.S.-based oil company, will start a $500 investment to develop the Trapial block before July in western Neuquen province, Argentina’s economy ministry announced after a meeting between Economy Mini...

TotalEnergies, Co-Venturers Ink PSC for the Agua Marinha Offshore Block

• Thursday, 1st June 2023
• by Israa Ibrahim

A production sharing contract (PSC) has been signed between TotalEnergies, Petrobras, QatarEnergy, and Petronas for the Agua Marinha block According to a company statement, the block was awarded in the Open Acreage un...

Oil Jumps as Arab Countries Cut Ties with Qatar

• Monday, 5th June 2017
• by Dr. Mahinaz El-Baz

Oil jumps by 1.5% as Egypt, Saudi Arabia, Bahrain and the United Arab Emirates effectively create a land and air blockade of Qatar, Market Plus informed. While the diplomatic spat hasn’t affected shipments, it raises ...