News about oil and gas sector: events, facts and developments on tafs uz.
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Portuguese Galp confirmed the collapse of months-long talks on combining its downstream business with Spain's Moeve, owned by Mubadala and Carlyle. According to ECO, the deal was derailed by Paula Amorim's disagreement with the Spanish side's demands. The same day, Galp reported a 68% rise in third-quarter net profit to €682 million.
Otabek YusupovChairman of the Board of JSC Uzbekneftegaz Abdugani Sanginov held a meeting with a CNPC delegation led by its president Zhou Xinghuai. The parties discussed expanding oil and gas cooperation, projects of the companies Xibu, BGP, CCDC and CNLC, drilling relief wells at the M-25 field, diversification of petroleum product supplies, opening a CNPC representative office in Tashkent, and support for the branch of the Gubkin University.
Javlon Tursunov
