ExxonMobil has been building up its position in the Permian Basin with a series of acquisitions.
Read More »Kuwait Petroleum Mulls Spending up to $500bn by 2040
National oil firm outlines ambitious growth plans for the next two decades.
Read More »TAPI Unlikely to Challenge Iran-Pak Pipeline Project
TAPI is a planned 1.800-kilometer stretch of pipeline aimed at transferring natural gas from Turkmenistan to India.
Read More »Iran Increases Non-Oil Exports to Indonesia by 217%
Import of products from Indonesia hit from $151 million in the nine months of the past Iranian calendar year.
Read More »IEA: End of OPEC Production Cuts in June Would Be Surprise
The U.S. will add about 1 million barrels a day of new supply this year.
Read More »Syria. Russia Cooperate in Energy Field
Syria and Russia would be partners in reconstruction of Syria.
Read More »Russia`s Sakhalin II LNG Plant Offers 8 Cargoes via Tender
Four cargoes in the second tranche. offered in May. July. October and March. will be linked to oil prices.
Read More »Iraq to Start 60.000 bpd Oil Swap with Iran
Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.
Read More »Exxon Mobil Invests $35 Billion in US over 5 Years
Exxon announced $20 billion in spending for U.S. Gulf Coast manufacturing in March.
Read More »First Russian LNG Cargo Arrives In The U.S.
The first cargo of Novatek’s Yamal LNG was initially loaded on the Christophe de Margerie tanker by French Total.
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