Commerce Department announces steel tariff exemption process

The US Department of Commerce announced a process for companies that import steel and aluminum to be excluded from tariffs ordered by President Donald Trump more than 2 weeks earlier. “Starting tomorrow, domestic industry will be able to apply for exclusions through a fair and transparent process run through Commerce’s Bureau of Industry and Security,” […]


ADNOC, Total sign development deals for offshore concessions

Abu Dhabi National Oil Co. has signed agreements with Total SA in which the French supermajor will be awarded stakes in two of Abu Dhabi’s new offshore concessions. Under the terms of the agreements, Total has been awarded a 20% interest in the Umm Shaif and Nasr concession and a 5% interest in the Lower […]


Ochigufu oil field starts flow off Angola

Ochigufu oil field has started producing oil on deepwater Block 15/06 offshore Angola, where operator Eni SPA and partners have discovered reserves estimated at 850 million bbl. Source: News