Friday 31 October 2014
 
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Exxon

Rosneft discovers offshore Arctic oil with Exxon

Russia's top crude oil producer Rosneft said on Saturday it had made an oil discovery jointly with ExxonMobil at an offshore Arctic field, which has been at the centre of controversy due to Western sanction against Moscow. How

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Atlantic Towing orders Damen PSV vessels

US-based Atlantic Towing has selected newly-designed, ice-strengthened PSV 5000 vessels from Damen Shipyards Group for its 10-year offshore support contract with ExxonMobil Canada Properties and Hibernia Management and Development Company.&nbs

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Exxon in $1bn Antwerp plant investment

ExxonMobil Corporation will invest $1 billion in its 320,000 bpd Antwerp refinery, the company said, even as many firms pull back from a European industry hammered by low refining margins. ExxonMobil said it would install a new un

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Petrochina buys 25pc stake in Iraq oilfield

PetroChina has bought a 25 percent stake in the West Qurna-1 oilfield project from Exxon Mobil, strengthening China's hold on Iraq's energy resources. China is already the top foreign player in Iraq's oilfields, which

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PetroChina to join Exxon at giant Iraqi oilfield

China's biggest energy firm PetroChina will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second project at the field, industry sources said.  

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US court upholds $105m Exxon payout in NYC case

A US appeals court on Friday upheld a ruling against Exxon Mobil Corp ordering the company to pay $105 million in damages for polluting New York City's groundwater with a toxic gasoline additive. The US Second Circuit Court of

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S Sudan set to shut down oil production

South Sudan plans to sell 6.4 million barrels of oil worth $300 million before shutting down its entire production by the end of July due to a row over its alleged support for rebels in neighbouring Sudan, its oil minister said on Saturday.

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Exxon, Qatar plan to ship US natural gas to Britain

Exxon Mobil and Qatar Petroleum have announced an agreement to ship liquefied natural gas to Britain from their proposed export plant in the US, offering another supply stream to the island nation as domestic output dwindles. Unde

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Qatar, Exxon agree North America tie-up

  Qatar Petroleum International and Exxon Mobil Corp have signed a memorandum of understanding to assess jointly unconventional gas resources in North America and global opportunities in liquefied natural gas (LNG).

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Exxon in talks to sell Iraq field stake to Mubadala

  Exxon Mobil is in negotiations to sell 5 percent of its stake in Iraq's West Qurna-1 oilfield to Abu Dhabi's state-run investment fund Mubadala, part of the US major's moves to reduce its exposure there, Iraqi oil o

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