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Petrobras Finds High Quality Oil in New Well at Giant Buzios Field

2020-12-22 14:41:34| OGI

Brazils state-controlled oil producer Petroleo Brasileiro SA confirmed the presence of high quality oil on Dec. 22 after drilling a new well at Buzios, the countrys second-most productive field.

Tags: high quality field oil

 

Oil Giant Aramco May Have to Sell Assets to Maintain Saudi Dividend

2020-12-16 19:05:00| OGI

While Saudi Arabia has increased non-oil revenues this year, Saudi Aramco still accounted for more than half its total income, and will be key to containing a budget shortfall this year.

Tags: sell oil maintain assets

 
 

Chinese Oil Giant CNOOC Added to US Blacklist

2020-12-07 11:25:00| OGI

CNOOC, formally known as China National Offshore Oil Corp., said it was "shocked and regretful" at being added to the blacklist of alleged Chinese military companies by the Trump administration.

Tags: added chinese oil giant

 

Slack sold to business software giant for $27.7bn

2020-12-02 01:31:30| BBC News | Business | UK Edition

The workplace messaging app's sale comes as the pandemic has increased the focus on remote work.

Tags: business software sold giant

 

Brexit: Dairy giant Arla warns of price rise if no deal

2020-12-01 23:37:57| BBC News | Business | UK Edition

The dairy farmers' co-operative, which owns Cravdendale and Lurpak, imports about 15% of its products.

Tags: price deal rise giant

 

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