Featured Oil & GasExxon makes new discovery at Whiptail in the Stabroek Block offshore GuyanaWebAdminJuly 29, 2021 by WebAdminJuly 29, 2021 The Whiptail discovery is located approximately 4 miles southeast of the Uaru-1 discovery... Read more
Featured Oil & GasIraq to finalise sale of Exxon’s stake in the West Qurna-1 oil field by JunePritam BordoloiApril 23, 2021 by Pritam BordoloiApril 23, 2021 Exxon to sell its 32.7% stake in the oilfield... Read more
Oil & GasIraq in talks to build crude oil storage facilities in ChinaPritam BordoloiFebruary 15, 2021 by Pritam BordoloiFebruary 15, 2021 The recent developments are part of Iraq’s plan to boost oil sales in Asia... Read more
Featured Oil & GasChina’s CNOOC to raise capex to 7-year highPritam BordoloiFebruary 8, 2021 by Pritam BordoloiFebruary 8, 2021 This is attributed to a 5% increase in domestic output... Read more
Featured Oil & GasExxon to invest $240 mn at its Baton Rouge refineryPritam BordoloiDecember 22, 2020 by Pritam BordoloiDecember 22, 2020 The investment would significantly improve the refinery’s processing capability... Read more
Featured Oil & GasChina eyes Exxon-owned oil fields in IraqPritam BordoloiNovember 23, 2020 by Pritam BordoloiNovember 23, 2020 Both China National Petroleum Corporation and China National Offshore Oil Corporation are interested in the West Qurna 1 oil field... Read more
Energy Exclusive FeaturedExxon points to a historic shift in the oil industryPritam BordoloiOctober 13, 2020October 13, 2020 by Pritam BordoloiOctober 13, 2020October 13, 2020 Exxon’s declining presence and rise of NextEra Energy has raised questions for investors about their investment strategies... Read more
Feature Oil & GasExxon to begin bid for British North Sea oil and gas fields in OctoberInternational Finance Business DeskSeptember 21, 2020 by International Finance Business DeskSeptember 21, 2020 The bid is expected to fetch $1 billion... Read more
Featured Oil & GasPetronas to cut costs after Q1 profit slumps by 68%Pritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 Petronas will cut capex by 21pc and operating costs by 12pc this year... Read more
Energy FeaturedExxon begins development of $10 bn petrochemical complex in ChinaInternational Finance Business DeskApril 23, 2020April 23, 2020 by International Finance Business DeskApril 23, 2020April 23, 2020 The complex will produce 1.6 mn tonnes of ethylene annually once operations commence... Read more