Louisiana Governor, John Bel Edwards, stated that ExxonMobil Company is studying to invest more than $240 million from Baton Rouge refinery, from which it is producing 517,700 barrels per day (b/d).
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has discussed with the Hungarian Ambassador to Egypt, András Kovacs, the ways of cooperation in the oil and gas sector.
Norway re-permits the country’s largest pension fund, KLP, to invest in Brazil’s state-run Petrobras once more.
Algeria’s Energy Minister, Mohamed Arkab, has announced that Algeria’s proven oil reserves currently stand at 10 billion barrels.
Algerian state-owned Sonatrach has signed a Memorandum of Understanding (MoU) with America’s ExxonMobil Corporation to pave the way for talks on exploration opportunities in Algeria.
The Abu Dhabi National Oil Company (ADNOC) will continue to invest responsibly in order to deliver on its 2030 smart growth strategy.
The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.
Oman's Ministry of Oil and Gas will allow international oil companies (IOCs) to invest and develop the ultra-heavy oilfield at Habhab using their technological and financial abilities.
The Abu Dhabi National Oil Company (ADNOC) has arranged the first investor forum in Abu Dhabi, hosting 200 attendees to provide a clearer vision for its 2030 growth strategy.
Egyptian petroleum minister, Tarek El Molla, met the Spanish ambassador to Egypt, Arturo Avello, at the end of his working period in Cairo.
