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Angola’s oil company sells stakes in 8 oil blocks Angola’s National Fuel Society (Sonangol) announced here Monday the selling of partial stakes held in eight oil blocks to reassess its investment portfolio. The announcement was made by the chairperson of the executive committee of Sonangol’s Exploration and Production Unit (UNEP), Ricardo Van-Deste. According to him, the partial selling is intended to guarantee the fulfillment and implementation of the company’s exploration and production strategy from 2 percent to 10 percent by 2027. Van-Deste underlined that the company also wants t...

Norway: OKEA expects significant operational synergies and positive cash flow effects following reorganisation of operations at the Yme field 01 Jun 2021 Repsol Norge, as operator of the Yme licence, has on behalf of the license entered into agreements to take over day-to-day operations of the jack-up rig Mærsk Inspirer from Maersk Drilling ('MD'). According to the agreements, MD will sell Mærsk Inspirer to Havila Sirius and the Yme licensees will lease the rig from Havila under a bareboat charter whereby the Yme licence will take ownership of the rig at the end of the lease period.  ...

FARMERS ARE SAID to have been responding excellently to a programme under which the Ministry of Agriculture is providing commercial feed for animals, in the wake of the eruptions of La Soufriere. [caption id=

Sinopec Achieved Outstanding Results in 2021 Q1Net Profit Reached RMB 18.5 Billion BEIJING, CHINA / ACCESSWIRE / April 28, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company")

In the textile industry, old is increasingly becoming new A clothing company in the Philippines that uses scrap material to make shoes. A technology startup in Ireland that allows strangers to swap little-used clothes. And a fashion house in Brazil that produces zero waste and repurposes old clothes into new ones. These are three of a growing number of companies that are bucking an environmentally destructive trend towards fast fashion. The textile industry, say observers, has long been primed for a circular makeover. Amid rapacious demand for cheap, on-trend clothing, it has become a major ...