The plant’s capacity also could be increased from planned initial volumes.
Read More »World Needs Even More Oil
Woods defends $200 billion projects as needed for world growth.
Read More »Sonatrach Boost Cooperation with Exxon Mobil on Shale Gas
Sonatrach will boost discoveries to reach 100 million tonnes of oil equivalent per year.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Exxon Has Challenge in Iraq as Oil and Water Mix
Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.
Read More »Big Oil Seek Small Refinery Exemptions under US Biofuels Law
The waivers could result in savings of $50 million or more in regulatory costs for the company'.s 2016 obligations under the biofuels law.
Read More »Tillerson Has 180 Million Reasons Not to Return to Oil Industry
Exxon created a payout plan in January 2017 for Tillerson.
Read More »Oil Markets Dilemma: Glut or Deficit
Strong economic growth is what’s really driving demand at levels much higher than recent history.
Read More »Exxon is Dropping its Arctic Joint Venture with Rosneft
Rosneft is active in eastern Siberia while Exxon has been announcing discovery after discovery from its offshore licenses in Guyana.
Read More »Exxon Mobil Seeks to Work in Algeria
Algeria remains dependent on oil and gas earnings. which provide 60 percent of the state budget.
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