Oilex Ltd announced Tuesday that it has submitted a conditional offer for an additional 55% interest in India’s Cambay production sharing contract.
Source: Offshore
Oilex Looks to up Cambay Stake to 100%
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Petroliam Nasional Bhd said on Tuesday it would adjust crude oil production in line with an agreement between OPEC and non-OPEC producers to reduce global supply.
Source: Offshore
Malaysia's Petronas To Adjust Output After Oil Cut Deal
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Collaboration within the Norwegian Continental Shelf among a variety of oil and gas entities is under great pressure, according to Ingvill H. Foss, director of supervisory activities at Petroleumstilsynet.
Source: Offshore
Petroleum Sector Collaboration in Norway Under Great Pressure
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Malaysia is expected to start oil production at the end of December at a deepwater field that could lift February export volumes of key grade Kimanis by 25% from January.
Source: Offshore
Startup Of Malikai Oil Field To Boost Malaysia's Kimanis Exports
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President-elect Donald Trump announced Exxon-Mobil Corp’s Rex Tillerson as his choice for secretary of state on Tuesday, praising the business leader as a successful international dealmaker.
Source: Offshore
Trump Picks Exxon Chief Tillerson As Secretary Of State
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President-elect Donald Trump announced ExxonMobil’s Rex Tillerson as his choice for secretary of state, praising the business leader as a successful international dealmaker.
Source: Offshore
Trump Taps Exxon's Tillerson As Top US Diplomat, Lawmakers Worried
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EPA’s final report on hydraulic fracturing’s impact on drinking water contradicts its previous findings.
Source: Offshore
Political Pressure Seen Behind EPA Fracking-Water Report
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China’s Sinopec Corp is weighing a takeover of Gulf Keystone Petroleum, an oil company operating in the Kurdistan region of Iraq, Bloomberg reported on Tuesday.
Source: Offshore
China's Sinopec Weighs Takeover Of Gulf Keystone
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A raft of high profile investment and infrastructure projects to develop crude oil and gas pipelines, oil refineries, ports, highways and railways in Nigeria have been announced.
Source: African Review
Nigeria agrees multi-billion dollar infrastructure deals
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The African Development Bank (AfDB) is to launch its first multi-jurisdictional Fixed Income Exchange Traded Fund (ETF) in Africa – the African Domestic Bond ETF (ADBF). The Bank has appointed MCB Investment Management (MCBIM), a subsidiary of MCB Capital Markets, as fund manager and approved US$25mn seed capital for the fund Source: African Review African…
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