Saturday 18 May 2013
 
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Exxon Mobil

Exxon most valuable US company

ExxonMobil has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter. Apple's stock has been on the decline since the company's quarterly earnings re

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Enough buyers for W Qurna: Iraq

  Exxon Mobil is in the advanced stages of talks with potential buyers to take on Iraq's West Qurna 1 oilfield and there are enough appropriate candidates, the country's deputy prime minister for energy said.

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Exxon says wants to quit Iraq oilfield

Exxon Mobil has informed Iraq of its intention to sell its share in the West Qurna 1 oilfield, and Baghdad will respond to the decision by next Sunday, Iraqi oil officials said on Wednesday. The remarks were the first official con

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Spat with Exxon bad for Iraq, oil consumers

  Iraq's spat with oil giant Exxon Mobil bodes ill for the Middle Eastern nation which hopes to be a major player in the oil market - and for oil consumers everywhere.    Diplomatic sources

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Exxon 'seeks to quit Iraq's W Qurna'

  Exxon Mobil wants to leave its flagship Iraqi oil project after upsetting Baghdad by signing a deal last year with the autonomous northern Kurdish region, which the central government deemed illegal.  

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Exxon Mobil freezes deal with Kurds

Iraq’s government has received a letter from Exxon Mobil saying the US oil major had frozen its deal with the country’s semi-autonomous Kurdistan region, Iraq’s Oil Minister Abdul Kareem Luaibi said. The US company had angered Baghdad by s

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Exxon to sell Japan refiner stake for $4bn

Exxon Mobil plans to sell a large part of its 50 per cent stake in TonenGeneral Sekiyu back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, sour

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Exxon mulls $10bn takeover of Gulf Keystone

US oil major Exxon Mobil is mulling a 7 billion pound ($10.9 billion) takeover of Kurdistan-focused explorer Gulf Keystone Petroleum, the Independent on Sunday reported. The newspaper said that Exxon is considering making an estimated 800

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Exxon signs deals with Iraqi Kurds: FT

Exxon Mobil last month signed oil and gas exploration deals with Iraq's Kurdistan, becoming the first oil major to deal with the region which has had strained relations with Baghdad, the Financial Times said on Friday. It agreed with the K

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Bad bet costs Qatar $1bn in gas tanker refits

Qatar made a billion dollar error when it built its liquefied natural gas (LNG) shipping fleet in the last decade, and now consumers may have to pay for the misstep, according to industry experts. The world's biggest LNG producer is ab

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