Brazil's state-run oil company Petrobras is getting ready to drill next year the first of 14 planned wells at South America's new deepwater frontier, the Equatorial Margin at its Northern maritime border, a company executive said on Monday.
Saudi Aramco said on Monday it has signed a $15.5 billion lease-and-leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and state-backed Hassana Investment Co.
Rosneft has signed a deal to supply refiner Indian Oil Corp (IOC) with up to 2 million tonnes of crude next year, the Russian oil producer said in a press release on its website.
Plans for global energy industry officials to discuss future technologies and low-carbon strategies collided at a conference in Houston Monday with worries over a new coronavirus variant.
Most major stock markets in the Gulf rose in early trade on Sunday, with the Abu Dhabi index leading the gains, although the Qatari bourse bucked the trend.