Thursday 24 July 2014

Mubadala Petroleum wins Indonesia deal

  The UAE-based Mubadala Petroleum, in partnership with Inpex Corporation, has been awarded the production sharing contract (PSC) for the West Sebuku block in Indonesia.   Mubadala Petroleum will be


Japan's Inpex quits Iran oilfield project

Inpex Corp, Japan's top oil explorer, has pulled out from Iran's Azadegan oil field project as expected, after US sanctions against Iran over its nuclear programme posed a potential threat to the company's business.   


European firms resist US pressure to quit Iran

European oil majors resisted pressure from the US to stop doing business with Iran, in spite of Washington's drive to isolate Tehran over a nuclear programme the West suspects is aimed at making bombs. Total said it was still buying Irania


Inpex to quit Iran project under US pressure

Inpex Corp, Japan's top oil explorer, is likely to withdraw from Iran's Azadegan oil field project, acceding to a request from the US due to Washington's sanctions on Tehran over its nuclear programme, Japanese media said. Inpex and the Ja


Nippon Oil, others deny Libya refinery project

Japan's top oil refiner Nippon Oil and two oil and gas developers Inpex Holdings (Inpex) and Japan Petroleum Exploration Co Ltd (Japex) denied a report that they were in talks to build an oil refinery in Libya. The Nikkei busines

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