Sapura Energy records quarterly profit
The Malaysian oil and gas services company declared net profits of US$123.01 million for the quarter ended 31 January 2019.
Exploration - 25 March 2019
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ADNOC awards Indian consortium exploration rights for Abu Dhabi Onshore Block 1
The consortium of Bharat Petroleum Corp. Ltd and Indian Oil Corp. Ltd. will hold a 100% stake in the exploration phase to explore for and appraise oil and gas opportunities.
GlobalData: Trinidad’s revenue-raising measures risk backfiring in long-term
The introduction of a royalty imposed on investors may be counter-productive for the government in the longer term, according to GlobalData.