International

Japan to extend $300 million in loans for upgrades to Iraq oil refinery

Japan will extend up to ¥32.7 billion ($300 million) in low-interest loans to Iraq to assist the country’s plan to upgrade one of its oil refineries, Foreign Minister Toshimitsu Motegi told his Iraqi counterpart, Fuad Hussein, on Saturday.

Iraq Eyes Qatar Gas Import Amid Shortage of Iranian Supply

Baghdad has plans to import gas from Qatar and other countries to make up for fluctuating supplies from Iran.

Saudi Arabia to drive oil and gas production increases this decade as majors remain wary – Fitch

Saudi Arabia oil exports climb 147% to $16bln in May

The value of Saudi Arabia oil exports in May increased 147% to just over 60 billion riyals

TotalEnergies sells Gladstone LNG facilities

France TotalEnergies and Global Infrastructure Partners (GIP) have closed a transaction pertaining to the downstream facilities of the Gladstone LNG project in Australia

Aramco Said to Pick JPMorgan, Goldman for Gas Pipeline Deal

Saudi Aramco has chosen JPMorgan Chase Co. and Goldman Sachs Group Inc. to advise on the planned sale of a multibillion-dollar stake

Italian oil firm Eni begins digging offshore well in Bahrain

Eni has started digging the first well in offshore block (1), which is located to the north of Bahrain.

Qatar Says Big Oil Keen to Invest in $29 Billion Gas Expansion

Qatar said there is plenty of demand from some of the world biggest oil companies to be part of its $29 billion project to raise production of liquefied natural gas and preserve the country dominance of the global market