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 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
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