Oil , Gas and Energy
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ADNOC L&S Expands JUB Fleet with Additional 8 Units
ADNOC Logistics and Services has expanded its fleet of self-propelled jack-up barges.ADNOC Logistics and Services has expanded its fleet of…
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Repsol Buys Texas Based Renewable Co for $768MM
‘This transaction is another step in our firm commitment to transforming our industry and becoming a zero net emissions company…
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OPEC lowers call on its crude as it maintains market tightening efforts
OPEC has revised down its estimate of demand for its crude in 2023 and 2024 by 70,000 b/d, but continues…
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Baghdad, Erbil relations on edge as both sides disagree over oil revenue
Relations between Iraq’s federal government and the Kurdistan region continue to fester, with Erbil’s embattled oil industry — already reeling…
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DNO Names New Managing Director
Norwegian oil and gas operator DNO has concluded its search for a new managing director.Norwegian oil and gas operator DNO…
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McDermott Enters Deal to Initiate Financial Restructuring
McDermott International Ltd announced that it has entered into a transaction support agreement to initiate a financial restructuring process.McDermott International…
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China’s qualified refineries hungry for remainder 2023 crude import quotas
China’s qualified refineries, including privately-held complexes and small-sized independent plants, are hungry for the remainder crude import quotas for 2023…
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USA Allows Release of $6 Billion in Oil Proceeds to Iran
‘What is being pursued here is an arrangement wherein we secure the release of five wrongfully held Americans’.’What is being…
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Helicopter Crashes into Sea Offshore UAE
‘The helicopter was conducting routine training operations between Al Maktoum International Airport and an offshore rig’.’The helicopter was conducting routine…
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Persist, Dienerian Merge, Obtain $29.4MM Equity Commitment
The merger boosts Persist’s position as an emerging player in the southern Alberta Mannville formation oil development.The merger boosts Persist’s…
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