Oil and gas firms in Norway have increased their 2021 and 2022 investment forecasts during the last three months as more projects are being developed, a national statistics office (SSB) survey showed on Wednesday.
Malaysian oil and gas services firm Serba Dinamik Holdings Bhd said it did not see any problems with more than 3.5 million ringgit ($847 million) of contracts and transactions questioned by its auditor.
Asian spot prices for liquefied natural gas (LNG) rose this week, as buyers stocked up the power-generating fuel on anticipation that a warmer-than-usual summer will spur demand for air-conditioning units.
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ABUJA (Reuters) - Four oil firms including Nigeria’s state-oil company have approached Dangote Industries to acquire a stake in Africa’s largest oil refinery, a senior executive told Reuters on Friday.
FILE PHOTO: A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. Picture taken August 7, 2019. REUTERS/Temilade Adelaja
Devakumar Edwin, group executive director, said the firms from Western and Middle East countries and involved in trading and crude production were looking to secure crude supply agreements, a similar objective to that pursued by the Nigerian National Petroleum Corporation (NNPC).
Australian shares looked set to snap a four-day winning rally on Wednesday as blue-chip miners dragged and a rise in domestic coronavirus cases sparked fears of a snap lockdown in the state of Victoria.