Wednesday 7 December 2016
oil giant

Aramco eyes full Manifa output by 2015

State oil giant Saudi Aramco plans to accelerate the development of its 900,000 barrels-per-day (bpd) Manifa oilfield and reach full capacity by early 2015, an Aramco executive said on Wednesday. Aramco had said in its 2009 annual review t


Chevron Q4 profit surges to $5.3bn

Chevron Corporation's fourth-quarter profit rose to $5.3 billion from $3.1 billion the previous year easily topping Wall Street forecasts, but anaemic growth of its oil reserves disappointed investors. Chevron, like smaller rivals Cono


Total proposes forecast-beating dividend

French oil giant Total on Wednesday proposed a higher-than-expected 14 percent increase in its interim dividend and unveiled plans to expand its research and development programme over the next five years. The plans, presented in a strateg

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