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Crude Oil
Petrobras Announces $3.4 Billion in Extraordinary Dividends
Petroleo Brasileiro SA announced 20 billion reais ($3.4 billion) in extraordinary dividends in a sign that Brazil’s state-controlled oil giant will contin…
Oil Price
Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s…
Oil & Gas Trade
Qatar Taps Rothschild As Adviser In Bid For Rosneft Units In Germany
Qatar’s sovereign wealth fund is bolstering its efforts to take over the German businesses of Russian oil giant Rosneft PJSC as the government in Berlin l…
Oil Price
BP Beats Estimates Despite Lower Oil Prices
FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter.On Tuesday, it posted an underlying replacement cost profit, used as a pr…
Oil & Gas Trade
Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corp…
Solar Power Plant
BP Completes Takeover Of Solar Power JV Lightsource BP
British oil giant BP (BP.L), said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equi…
Oil&Gas Drilling
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchas…
Hydrogen Project
ADNOC to Take 35% Stake in Exxon’s Texas Hydrogen Plant
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing RightsAbu Dhabi state oil gia…
Oil & Gas Trade
BP, ADNOC Meet Cyprus Officials to Explore East Med Gas Investments
Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Purchase Licensing RightsRepresentative…
Oil & Gas Trade
Indonesia Seeks Russian Oil for the First Time in Years, Sources Say
A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia, January 13, 2016. REUTERS/Darren Whiteside/File Photo Purc…
Oil Price
Brazil's Petrobras Hikes Jet Fuel Prices by 3.2%
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
LNG
Saudi Aramco Holding LNG Talks With US Firms Tellurian, Nextdecade, Sources Say
A helmet with logo of Saudi Aramco is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov Purchase Licensing RightsOil…
Oil & Gas Trade
Saudi Aramco in Talks to Buy 10% of China's Hengli Petrochemical
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File photo Purchase Licensing RightsSaudi…
Crude Oil
Niger and China Sign Crude Oil MoU Worth $400 Mln, Says Niger State TV
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of …
Oil & Gas Supply
Shell to Close 1,000 Gas Stations to Focus on EV Charging Deployment
Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) ch…
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