Stake
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BPCL to Acquire OQ Stake in Indian Refinery
Sunday, 14th February 2021
Bharat Petroleum Corporation Limited (BPCL) announced in a statement to the stock exchange, that it will acquire OQ’s shares in the Bina refinery project for RO 120 million.
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DNO Acquires ExxonMobil’s Stake in Baeshiqa License
Thursday, 11th February 2021
The Norwegian DNO ASA company announced its acquisition of ExxonMobil’s stake which is 32% in the Baeshiqa license located in Kurdistan region of Iraq.
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Petrobras Completes its Exit from the Frade Field
Sunday, 7th February 2021
Petrobras company announced that it has completed its 30% stake sale from the Frade field which is located in the Campos Basin, to PetroRio Jaguar Petrolelo Ltda, a subsidiary of PetroRio S.A that holds the remaining 70% share.
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EG Group Agrees to Acquire Majority Stake of Asda
Thursday, 4th February 2021
Euro Garages Group (EG Group) announced that it had reached to an agreement to acquire the majority ownership stake in Asda Group Limited (Asda) including its assets of petrol stations, car washes and ancillary land (Business forecourts) worth £750 million.
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Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share
Wednesday, 3rd February 2021
The Brazilian State- controlled Oil Producer Petrobras agreed to sell it remaining shares in BR Distribuidora if its stock recovers to BRL 26 per share.
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Indian RIL Sells Stake in Gulf Africa to Total
Tuesday, 31st May 2016
Indian conglomerate holding company Reliance Industries (RIL) has sold its entire 76% stake in the Mauritius-incorporated fuel retailer Gulf Africa Petroleum Corp, GAPCO, to the French group Total of France for an undisclosed sum.
Latest News
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021