Sunday 5 May 2024
 
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Cosmo Oil

Adnoc set to give Cosmo oil stake extension

Abu Dhabi National Oil Co. (Adnoc) looks set to extend the stakes a subsidiary of Japan's Cosmo Oil holds in three oilfields, a Japanese trade ministry official said on Wednesday.    Adnoc's CEO Yousef Omair bin Yousef said

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Cosmo Oil quits Qatar oil block

Japan's Cosmo Oil Company said it has given up on commercial production from the Block 11 offshore oil field in Opec producer Qatar and has booked a 3.5 billion yen ($43 million) special loss as a result. Cosmo, Japan's fourth-biggest oil

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Cosmo Oil to cut Qatar crude supply

Japan's Cosmo Oil Company will slash the volume of Qatar crude oil it purchases in its yearly contract that starts from August, industry sources said on Tuesday, amid falling demand. The country's fourth-biggest refiner, which has

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Cosmo to get 30-year Abu Dhabi extension

Cosmo Oil Co said on Tuesday that one of its subsidiaries was close to finalising a 30-year extension on its stakes in three oil fields in Abu Dhabi and the granting of a new concession area in the emirate.    Cosmo, one-fi

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Cosmo Oil to cut 2010 Iran crude supply

Cosmo Oil Company, Japan's fourth-biggest refiner, will cut its 2010 term contracted volumes of crude oil with National Iranian Oil Company (NIOC), industry sources said on Thursday, amid a slash in oil demand. Cosmo Oil, which has a c

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UAE's IPIC to buy 20pc of Japan's Cosmo Oil

An investment arm of the Abu Dhabi government will spend about $776 million to buy one-fifth of Cosmo Oil Co, becoming the top shareholder in Japan's fourth-largest oil company. International Petroleum Investment Co (IPIC) is rapidly expan

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