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December 6, 2021

Global oil CEOs stress need for fossil fuels despite push for cleaner energy- oil and gas 360

Global oil CEOs stress need for fossil fuels despite push for cleaner energy

December 6, 2021

Reuters HOUSTON -A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come. The World Petroleum Conference’s four days of discussion started with chief executives from Exxon Mobil Corp, Chevron Corp and Halliburton Co, three of the largest

Chevron’s Angola subsidiary signs 20-year extension for Block 0- oil and gas 360

Chevron’s Angola subsidiary signs 20-year extension for Block 0

December 6, 2021

World Oil LUANDA – Chevron’s subsidiary in Angola, Cabinda Gulf Oil Company Limited (CABGOC) has just renewed the concession of Block 0, located on Cabinda province’s offshore. The agreement, signed in Houston, United States of America, extends the concession for 20 years, until 2050. Within the scope of this extension, CABGOC continues to be the operator of the Block, with

Mexico's Pemex to issue new debt as $3.5 bln cash injection planned- oil and gas 360

Mexico’s Pemex to issue new debt as $3.5 bln cash injection planned

December 6, 2021

Nasdaq Dec 6 – Petroleos Mexicanos (Pemex) said on MondayPEMX.ULit will issue new debt and that the Mexican government plans to inject up to $3.5 billion into the state oil company to help manage its liabilities. In a statement, the heavily indebted Pemex said it was planning a series of measures to improve its financial condition, including offering U.S. dollar-denominated

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