Tag Archives: International

The Italian oil major may have hit another find comparable to its giant Zohr field offshore Egypt.

Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.

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.

LNG export terminals have traditionally been large-scale.