All articles by surya akella

surya akella

Nigeria plans to reopen four oil refineries by end of next year

The four refineries in the country have a combined capacity to process around 4.45 million barrels per day.

Oil and gas driller ADES set for IPO on Saudi bourse

ADES plans to free-float 30% of its shares in the IPO and expects to fetch more than $1bn.

AGCL, OIL set up JV to distribute natural gas in India

The JV will operate natural gas distribution networks in six districts in Assam and in the neighbouring state of Tripura.

Repsol signs agreement for North Sea JV buyout

The acquisition of the stake settles a long-running dispute between Repsol and Sinopec.

Italy gives conditional approval to Lukoil refinery sale

The Italian government is said to have laid some conditions for approving the refinery’s sale.

Russia begins exporting fuel to Iran by rail

Russia has already supplied up to 30,000 tonnes of diesel and petrol to Iran.

ExxonMobil FPSO vessel for Payara field development arrives in Guyana

The Prosperity FPSO vessel can produce 220,000 bopd and store about two million barrels.

Amplify Energy resumes operations at Beta Field offshore California

Amplify Energy has repaired the damaged segments of the pipeline at Beta Field.

BW Energy announces first oil from Hibiscus/Ruche development

Production from the first well is presently stabilised at around 6,000 barrels a day.

Chevron selects InterMoor for decommissioning work in Thailand

The extended contract includes more packages for the disconnection and removal of pipelines.