ExxonMobil 2015 profits slid by 50% from the previous year’s USD 32.5 billion to USD 16.2 billion as its US upstream segments depreciate due to the low price of oil,…
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Paulo Reis of EY talks about bringing international best practices to Mozambique and how PPPs encourage investment.
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ADNOC will take a 35% equity stake in ExxonMobil's low-carbon hydrogen project in Baytown, Texas.
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Egypt has launched a new bidding round for oil and gas exploration in 12 blocks in the Mediterranean Sea and the Nile Delta.
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Arne Gibbs of ExxonMobil Moçambique talks about designing new liquefaction units for Rovuma LNG.
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ExxonMobil 2015 profits slid by 50% from the previous year’s USD 32.5 billion to USD 16.2 billion as its US upstream segments depreciate due to the low price of oil,…
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Statoil won a 15% stake in an offshore exploration block in Uruguay, Norway’s multinational oil and gas company announced on Friday.
The partners are planning to…
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BG Group’s shareholders accepted the USD 50-billion merger with super-major Shell in a meeting in London yesterday.
A total of 99.53% of shareholders voted in…
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Shell expects Q4 2015 profits to be up to 50% lower than 2014 with full year write-offs of USD 7 billion, the super-major stated Wednesday in its first preliminary…
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Shell announced its departure from the Abu Dhabi sour gas development at the Bab gasfield on January 18th. The announcement follows a day of tumultuous trading that saw…
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Iraq’s state-owned South Oil Company (SOC) approached China’s state-owned PetroChina and ExxonMobil about investing in a multi-billion-dollar project to increase…
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Several major companies including ExxonMobil, Chevron and state-run Sinopec are considering a takeover of US independent Anadarko Petroleum.
Benzinga online news…
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Total began drilling the Antelope-6 appraisal well in the Gulf province of Papua New Guinea on Thursday.
Total has a 40.1275% stake in the well and work will begin…
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ExxonMobil announced Monday that its onshore central processing facility in the Banyu Urip field in Indonesia had started up successfully, increasing production to over…
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