IF Insights: UAE stands to gain after exit from OPEC
Fitch sees the UAE's oil production remaining unaffected in the post-OPEC world, with revenues getting boosted in the longer term...
Exxon’s net income falls to five-year low as Iran war affects output
About 20% of Exxon's oil and gas production is situated in the Middle East, making it the most affected among...
USD 50 billion loss in 50 days: Iran war upends oil and gas flow
Gulf countries lost about eight million barrels per day of crude production in March, nearly equivalent to the combined production...
Chevron, Exxon expect windfall due to higher crude prices
Chevron is now expecting a USD 1.6 billion boost to USD 2.2 billion to its first-quarter upstream earnings versus the...
Exxon and QatarEnergy’s joint venture produces first LNG at Texas facility
The development gives a major breather to QatarEnergy, which has been compelled to declare force majeure on its production activities...