Commodities

Petrobras will increase stake in Jubarte discipline with Campos basin acquisition

(WO) - Petrobras has agreed to amass a 100% curiosity in a portion of the Argonauta space within the Campos basin, growing its stake within the Jubarte pre-salt discipline. The transaction entails pursuits presently...

Provide Glut for Oil

If the UAE goes ahead and really leaves OPEC, it would ramp up manufacturing by about 3 million barrels, because it has been build up capability since...

Petrodec’s OBANA advances North Sea decommissioning program

(WO) - Petrodec has mobilized its OBANA jackup to start a brand new...

Shell to amass ARC Assets in $13.6-billion deal to spice up Canadian shale output

(WO) - Shell plc has agreed to amass ARC Assets Ltd. in a deal valued at roughly $13.6 billion, or roughly $16.4 billion together with debt. The deal considerably expands Shell's place in...

Africa targets regional power hubs to unlock oil and fuel funding

(WO) - The African Petroleum Producers Group is advancing plans to develop regional power hubs aimed toward bettering infrastructure connectivity and scaling oil and fuel funding throughout Africa. The technique focuses on linking pipelines,...

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