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Equinor acquires Argentinan offshore block

The nation of Equinor has acquired over 50% stake in Argentina’s largest offshore block, CAN 100, as part of its collaboration with  Argentina state-controlled oil firm YPF, the Norwegian company said on Wednesday.

China halts purchase of Venezuelan oil

China National Petroleum Corporation (CNPC) has negated plans to load about five million barrels of Venezuelan oil this month, due to strong sanctions from the United States according to Qatar News Agency.

Kenya to approve Qatar Petroleum’s deal on oil blocks- PS

The Principal Secretary in the State Department of Petroleum, Ministry of Energy and Petroleum Government of Kenya, Andrew Kamau has revealed that the country is ready to endorse the acquisition of offshore oil and gas exploration blocks by Qatar Petroleum, a state-owned company of the energy-rich Arab nation.
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