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Sunday, February 15, 2026 21:9 GMT
Saudi-backed Midad Energy has signed a term sheet to acquire Russia’s sanctioned Lukoil assets in a high-stakes contest against rivals including private equity giant Carlyle Group, with the deal contingent on U.S. regulatory approval, according to three people familiar with the matter. The move...More
XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC) said it has signed a joint development...More
Chevron has resumed activity in Libya after a 16-year pause, securing an exploration block in the oil-rich Sirte Basin....More
Petro Rabigh, a joint venture between Saudi oil giant Aramco and Sumitomo Chemical, has signed up KBR, a leading...More
Turkish Petroleum (TPAO) and BP have signed a memorandum of understanding (MoU) on strategic cooperation in oil and...More