News

As of 2022, the total assets of the corporation increased by 8.3% compared to the previous year and exceeded 920 billion yuan (approx. 135 billion USD).

QatarEnergy, TotalEnergies and Eni signed a trilateral agreement.

Norwegian state-owned energy company Equinor has started selling its 20.21% stake in the Agbami offshore oil field in Nigeria, Reuters reports, citing sources.

Crogga Limited based in the Isle of Man, has signed a contract with Aberdeen-based energy service company THREE60 Energy to drill a well at a gas field in the Irish Sea.

According to the Minister of Oil and Gas Hardeep Singh Puri, the world’s largest companies Chevron Corp, Exxon Mobil and Total Energies are interested in investments in exploration and production of Indian oil and gas.

China’s National Offshore Oil Corporation (CNOOC) has planned 650-660 mb of oil production for 2023. Such data is contained in the company’s Wednesday report on the Shanghai Stock Exchange.

The authorities of China and the Philippines will soon resume negotiations on oil and gas production on the offshore shelf.

Egypt announced a tender by April 30, 2023 for the development of 12 oil and gas fields.