DOE finalises purchase for strategic reserve
The US Department of Energy (DOE) has finalised a contract to purchase 4.65 million barrels of crude oil for the…
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Exxon mobil
Australia announces new offshore gas exploration permits
Australia announced new offshore gas exploration permits on Tuesday for its east and west coasts to address…
Shell, ExxonMobil near $500m deal
Shell and Exxon Mobil are nearing a deal to sell their jointly-owned gas fields in the southern North Sea to…
Indonesia foresees 29% surge in oil, gas investments in ’24
Indonesia foresees a 29 per cent surge in oil and gas investments for 2024, driven by intensified drilling and…
Guyana gas power plant faces delays
Guyana faces setbacks in utilising its natural gas reserves for a power plant, potentially costing the nation $1…
Vitol eyes Italian LNG terminal stakes
VTTI, a Vitol energy storage unit, is reportedly on the verge of acquiring a majority share of Italy’s largest…
ExxonMobil obtains a concession from EGAS to explore Egyptian marine areas
ExxonMobil Egypt (Upstream) Ltd., in partnership with Tharwa Petroleum Company, signed a new agreement with the…
Egypt reaches preliminary oil, gas deals in Mediterranean with five energy firms
Egypt has reached initial agreements with five major energy companies to explore for oil and gas in deep waters in…
Amazon’s stock market value hits $900bn, threatens Apple
Amazon.com’s (AMZN.O) stock market value reached $900 billion on Wednesday for the first time, marking a major…
Exxon Mobil targets a foray into Egypt’s offshore oil and gas
Exxon Mobil is considering a foray into Egypt's offshore oil and gas, seeking to replicate rivals’ success in the…
