Search Results
Giant Oil and Gas Company, Exxon Mobile Expect To Spend $129 billion on New Project Oil and Gas Exploration
The head of Exxon Mobil Corp. said Monday the company is not planning to shrink its staff or cut back on investment because of the global economic downturn.
China Oil Company, PetroChina Co. Reported First Time Drop Profit Since 2001
PetroChina Co., the world’s second- largest company by market value, posted its first drop in full- year profit since 2001 after refining losses widened fourfold and crude oil prices slumped.
Mining Exploration Technology Exhibition, Industry experts attend workshop on ‘sour’ gas
SHELL has brought together national oil companies, major resource holders and academia from countries including Qatar, Oman, the United Arab Emirates, Saudi Arabia, Kuwait, Iran and Russia to share expertise on “sour” gas and carbonate reservoirs.
Oil Exploration Company Agreement : Eni signs MoU with Qatar Petroleum
Eni has signed a Memorandum of Understanding with Qatar Petroleum International (QPI), a wholly owned subsidiary of Qatar Petroleum (QP), to seek joint investment opportunities in international projects in the exploration and production sector. The MoU was signed on behalf of QPI by Abdullah Bin Hamad Al-Attiyah, Qatar’s Deputy Premier and Minister of Energy and [...]
Oil company Total SA 2Q Profit Drops 1 Percent
Oil company Total SA said Thursday that its second-quarter net profit edged down 1 percent as improved refinery margins failed to offset the weaker U.S. dollar.
Net income fell to 3.41 billion euros ($4.66 billion) from 3.44 billion euros in the same period a year ago, said Total, one of the world’s largest publicly traded oil [...]
Exxon Profit Slips As Production Falls
Exxon Mobil profit slipped about 1 percent in the second quarter, disappointing analysts as higher exploration and production costs, and lower oil and gas production offset big earnings in the refining and marketing end of the business.
Though the $10.26 billion in profit was the fourth-largest quarterly profit for a public company in U.S. history, Exxon’s [...]
Pakistan Petroleum Plans Intl Oil & Gas Exploration
State-run Pakistan Petroleum Ltd. (PPL.KA), in a joint venture with Austrian oil and gas company OMV AG (OMV.VI), hopes to acquire oil assets in Africa, the Middle East and Central Asia, a senior company executive said Friday.
Pakistan Petroleum – leading energy-deficient Pakistan’s drive to buy stakes in foreign fields – plans to invest $15 million [...]
Utah, Colorado rival OPEC oil reserves, lure Chevron, Exxon, Shell
Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.
That’s not science fiction, according to Bloomberg News. Trapped in limestone up to 200 feet (61 meters) thick in the two Rocky Mountain states is enough so-called shale oil to [...]
OGA 2007 To Boost Malaysian Oil And Gas Industry
The local oil and gas exploration and production industry is expected to receive a boost from the 11th Asian Oil, Gas and Petrochemical Engineering Exhibition (OGA) 2007 which will held here from June 13 to 15.
The event is expected to draw more than 800 companies from over 50 countries, including the United States, the United [...]
