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EQUINOR STAKE SALE
ONGC acquires Equinor stake in Azerbaijan oilfields for USD 60 mnONGC Videsh will acquire Equinor's 0.615% stake in ACG oil field and 0.737% in BTC pipeline for $60 million, adding to its 2.31% ACG and 2....
ONGC Videsh to acquire stake in ACG oil field, AzerbaijanAccording to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field an...
Fuel price cut reports speculative: BPCL"The global situation remains volatile. Therefore, it would be difficult to comment on when and whether the prices will be changed, at this...
Companies find it's not so simple to leave Russia; some quietly stay putCompanies that expressed intentions to leave Russia after it invaded Ukraine are finding the process far more difficult than they had initi...
Inside BP's plan to reset renewables as oil and gas boomCEO Bernard Looney's pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from ...
FACTBOX-How the EU ban on Russian crude affects oil flowsThe EU imposed a ban on seaborne Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...
Who is buying Russian crude oil and who has stoppedAustralia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases but the 27 members of the European Uni...
Russia is running out of oil customersEven without direct sanctions on its energy industry Russia will lose around one million barrels per day (bpd) in oil exports, according to...
IOC taps US equity oil, extra Saudi supplies to fill Iran voidThe contracts with Equinor and Sonatrach will cover 50% of the 9 million tonne of crude the company had imported from Iran in 2018-19.