Exxon created a payout plan in January 2017 for Tillerson.
Read More »Russian Rouble Weakenes by Geopolitical Tensions between Russia-UK
The market awaits the U.S. inflation data later in the day which could offer clues on the pace of interest rate rises this year.
Read More »CIA’s Pompeo to Become Secretary of State
President Trump fires Rex Tillerson and says CIA Director Mike Pompeo will replace him.
Read More »NIOC Signs Oil Exploration Deals with Academia
A total value of about $2.5 million has been allocated to the five contracts. which are planned to be carried out in 10 years.
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 »Total boss Ready to Take Risks
Part of Pouyanne’s justification for expanding in politically risky countries could be the way Total sees future oil consumption playing out.
Read More »OPEC Sacrificed Venezuela and Angola for the Greater Good
The fall in oil prices had an immediate and dramatic impact on drilling activity.
Read More »OPEC Divided on the Right Price for Oil
Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.
Read More »IAEA Confirms Iran Compliance with Nuclear Deal for the 9th Time
The JCPOA represents a significant gain for verification.
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