Tag Archives: International Companies

Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B 12B.

These two companies will retain a shared 30 percent interest alongside operator ExxonMobil. which has a 35 percent stake.

Chevron'.s downstream segment earned $1.3 billion for the quarter. up from $357 million in the year-ago quarter.

ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.

Shale gas will only become a leading driver for growth in the longer-term.

Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.

The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.

Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.

Growth in shale production should limit any increases in Saudi oil pricing.

The industries that can deploy this technology at the lowest cost are oil and gas companies.