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Heirs Energies lands $750 million Afreximbank funding for Nigeria discipline improvement

(WO) — Heirs Energies has secured $750 million in financing from the African Export–Import Financial institution (Afreximbank), a deal aimed toward accelerating discipline improvement and supporting long-term manufacturing progress in Nigeria. ...

MOL Group to function new onshore exploration block below SOCAR settlement in Azerbaijan

MOL Group and SOCAR have signed a complete onshore exploration, growth and manufacturing sharing settlement protecting the Shamakhi-Gobustan area of Azerbaijan, strengthening their long-standing upstream partnership within the Caspian area. Beneath the settlement, MOL...

$1.8-billion PPF mission permitted to revive beforehand produced fields at Ekofisk

Vår Energi and its license companions, led by operator ConocoPhillips, have taken a closing funding choice (FID) on the Beforehand Produced Fields (PPF) Mission within the Higher Ekofisk Space, advancing a large-scale subsea...

Instagram unveils its first TV app, initially obtainable on Amazon’s Hearth TV as a take a look at with plans to increase to different...

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Center East oil costs weaken as regional provide outpaces demand

(Bloomberg) – The Center Jap oil market has weakened in current weeks on concern that regional provides will outstrip demand, including to indicators of a softening world image that’s weighed on benchmark crude...

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