Page 5 - Noman Block News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The company has revised higher its full-year sales volume guidance.

Oman Oil turns into integrated energy company 1056987 SHARE Oman Oil Company (OOC), the wholly government-owned energy and strategic investment arm, says it will continue to pursue partnerships with leading international oil companies (IOCs) in its upstream business as part of its evolution into an integrated energy enterprise. According to the company’s chief executive officer, high-profile partnerships unveiled in recent months with energy giants such as Shell and ENI are in line with this trend. “Oman Oil Company is converging towards the concept of an integrated oi...

Why is the BP share price rising? More on: Since the beginning of the year, the BP(LSE: BP) share price has risen over 20%. This makes a change from 2020, when the stock fell almost 50%. So what has changed? Well, the environment isn’t not all doom and gloom these days. As the global economy starts to recover, demand for oil is expected to pick up. After all, the world still runs on the stuff. Of course, this is good news for the BP share price and hence a big reason for why the stock has been rising. US$12.3 TRILLION out of thin air…

Updated: 29/04/2021, 3:38 am Pumping up the volume: Block H offshore Malaysia Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Thailand’s PTT Exploration & Production (PTTEP) reported net profit of $376 million for the first quarter 2021 on the back of higher oil prices and gains from the “bargain purchase” of Oman Block 61 from BP. PTTEP reported slightly better full year guidance following better than e...

PTTEP's profit jumps 37% in Q1 Apr 29, 2021 11:15:am Summary The Thai company said it is committed to driving the LNG value chain with a focus on investments in the upstream and liquefaction plants. by: Shardul Sharma Posted in: PTTEP's profit jumps 37% in Q1 Thai state-run PTTEP booked a net profit of $376mn in the three months ending March 31 (Q1), up 37% year/year owing to higher product prices, it said on April 28. The company's average realised price was $40.38/boe, up from $36.85/boe in the same quarter of last year. The company also recorded a gain from ...