Extractive 360
INTERNATIONAL NEWS
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782India To Auction 55 Blocks After 8yrs Of Licensing Round
India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country’s first licensing round...
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1.1KEni Closes Financing For Coral South Floating LNG
Oil giant, Eni and its partners in Area 4 in the Rovuma basin offshore Mozambique have secured more than $4.675 billion for...
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913Russia: Oil Cut Deal Should Continue As Market Not Yet Balanced
Global deal to cut oil output led by Organisation of the Petroleum Exporting Countries (OPEC) and Russia should continue because the market...
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706Petrobras Settles U.S. Corruption Class Action For $2.95bn
Brazil’s state-controlled oil company, said on Wednesday it has agreed to pay $2.95 billion to settle a U.S. class action brought by...
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1.0K
Petrobras Forcasts $74.5bn Investment In New 2018-2022 Business Plan
Petrobras has announced a planned investment to the sum of $74.5 billion in its new Business and Management Plan (BMP) for 2018-2022....
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1.1KFrance Passes Law To End Oil, Coal Production By 2040
The French lower house of parliament has passed a law that provides for the gradual abandonment of the exploration and production of...
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1.1KFour Countries Partner On $7bn Eastern Mediterranean Gas Pipeline System
Four countries have agreed to support construction of the EastMed gas pipeline in the Eastern Mediterranean Sea, according to Reuters. Italy, Greece,...
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1.1KLebanon Issues First Ever Offshore E&P Licenses To Total, Eni, JSC
The Lebanese Council of Ministers has approved the awards of petroleum licenses for exploration and production in blocks 4 and 9 in...
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1.1KSaudi Budget Gap Falls Below 10% in 2017, Ministry Says
Saudi Arabia announced its budget deficit narrowed in 2017 to below 10 percent of economic output for the first time since the...
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1.2KExxonMobil Secures Three Ultra-deep Blocks Offshore Mauritania
ExxonMobil Exploration and Production Mauritania Deepwater has signed production-sharing contracts with Mauritania’s government for three deepwater offshore blocks. Blocks C22, C17, and...