Behind Gazprom. Germany’s E.ON and India’s Reliance Industries rounded out the top three. followed by South Korea’s Korea Electric Power Corp. and China Petroleum &. Chemical Corp.
Read More »India Petronet Agreed to Buy Extra 1 mln T Australian LNG from Exxon
Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices.
Read More »Russia Says Row with Exxon Over Sakhalin-1 Is Resolved
Exxon has been in talks with Russian gas giant Gazprom for years over gas sales from Sakhalin-1.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »Rosneft. Statoil to Develop Oilfield
Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.
Read More »European Refiners Set to Benefit from Gulf Coast Chaos
The East Coast of the U.S. could avoid supply disruptions for the time being because of adequate storage.
Read More »Exxon Restarting Second-Largest U.S. Refinery
The company said it began initial restart of the 560.500 barrel per day (bpd) Baytown refinery on Friday night.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Largest US Oil Refinery Closes Due to Harvey
Gasoline prices spike as quarter of country’s oil refining capacity taken offline.
Read More »ExxonMobil Completes Takeover of One World’s Largest Aromatics Plants
The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.
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