Energy DOE finalises purchase for strategic reserve Aya Anwar Jul 30, 2024 0 The US Department of Energy (DOE) has finalised a contract to purchase 4.65 million barrels of crude oil for the…
Energy Australia announces new offshore gas exploration permits Aya Anwar Jul 23, 2024 0 Australia announced new offshore gas exploration permits on Tuesday for its east and west coasts to address…
Energy Shell, ExxonMobil near $500m deal Aya Anwar May 29, 2024 0 Shell and Exxon Mobil are nearing a deal to sell their jointly-owned gas fields in the southern North Sea to…
Energy Indonesia foresees 29% surge in oil, gas investments in ’24 Aya Anwar May 16, 2024 0 Indonesia foresees a 29 per cent surge in oil and gas investments for 2024, driven by intensified drilling and…
Africa News Guyana gas power plant faces delays Aya Anwar Apr 8, 2024 0 Guyana faces setbacks in utilising its natural gas reserves for a power plant, potentially costing the nation $1…
Featured Vitol eyes Italian LNG terminal stakes Aya El Sayed Mar 5, 2024 0 VTTI, a Vitol energy storage unit, is reportedly on the verge of acquiring a majority share of Italy’s largest…
Tech/AI ExxonMobil obtains a concession from EGAS to explore Egyptian marine areas Amwal Al Ghad English Jan 5, 2021 0 ExxonMobil Egypt (Upstream) Ltd., in partnership with Tharwa Petroleum Company, signed a new agreement with the…
Featured Egypt reaches preliminary oil, gas deals in Mediterranean with five energy firms Amwal Al Ghad English Feb 15, 2020 0 Egypt has reached initial agreements with five major energy companies to explore for oil and gas in deep waters in…
Tech news Amazon’s stock market value hits $900bn, threatens Apple Amwal Al Ghad English Jul 19, 2018 0 Amazon.com’s (AMZN.O) stock market value reached $900 billion on Wednesday for the first time, marking a major…
Industry & Trade Exxon Mobil targets a foray into Egypt’s offshore oil and gas Yomna Yasser Dec 4, 2017 0 Exxon Mobil is considering a foray into Egypt's offshore oil and gas, seeking to replicate rivals’ success in the…
Industry & Trade U.S. Treasury refuses to give Exxon Mobil special waiver to drill in Russia Yomna Yasser Apr 22, 2017 0 The U.S. Trump administration will not grant special permission to U.S. companies, including Exxon Mobil, to carry…
Industry & Trade Cyprus government approves Eni, Total, Exxon offshore block deals Yomna Yasser Mar 18, 2017 0 Cyprus's Cabinet approved on Friday contracts with France's Total, Italy's Eni, Exxon Mobil and Qatar Petroleum to…
International News Trump selects Exxon Mobil’s Tillerson as Secretary of State: NBC Yomna Yasser Dec 13, 2016 0 Exxon Mobil Chairman and CEO Rex Tillerson has been chosen by U.S. President-elect Donald Trump for the post of…
International News Exxon CEO to become Trump’s secretary of state favorite -transition official Yomna Yasser Dec 10, 2016 0 Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as U.S. President-elect Donald Trump's…
Industry & Trade Cyprus signs deal with Egypt for natural gas transfer via pipeline Yomna Yasser Aug 31, 2016 0 Cyprus signed on Wednesday a deal on for the transfer of natural gas via pipeline to Egypt, once extraction starts…
Industry & Trade Exxon Mobil defends handling of Torrance refinery outage Noha Gad Aug 20, 2016 0 Exxon Mobil (XOM.N) has defended its handling of an outage at its Los Angeles refinery following a blast in…
Industry & Trade Saudi’s SABIC studies petchems JV with Exxon Mobil affiliate Yomna Yasser Jul 26, 2016 0 Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, announced on Monday it is…
USA Dow drops 100 points; oil hits 3-month low Yomna Yasser Jul 25, 2016 0 U.S. stocks traded lower on Monday, with energy stocks weighing as oil prices fell, as investors looked ahead to…
World Wall Street slides with Exxon, oil; Chipotle dips after close Noha Gad Feb 3, 2016 0 U.S. stocks dropped on Tuesday after another steep fall in oil prices and a disappointing spending forecast from…
USA US Stocks mixed on Greece, China Worries, Energy Stocks down Yomna Yasser May 11, 2015 0 Wall Street was mixed in morning trading Monday amid worries about Greece's precarious financial condition and…
World China up, Europe down after Wall Street gains Administrator Apr 27, 2015 0 China's stock benchmark rose Monday while ones in Japan and Europe fell as investors looked ahead to Apple results…
USA U.S. Stocks wrestle with Mixed Economic Data Yomna Yasser Apr 16, 2015 0 U.S. stocks were under pressure Thursday, struggling to trade higher as investors shake off a stream of…
USA Wall St. Opens 2015 Flat As Data Weighs Yomna Yasser Jan 3, 2015 0 U.S. stocks closed little changed on Friday in the first trading session of 2015, finishing well off session highs…
Industry & Trade Putin Oil Deals With Exxon, Shell Imperiled by Sanctions Yomna Yasser Sep 11, 2014 0 The U.S. and European Union are poised to halt billions of dollars in oil exploration in Russia by the world’s…
USA Dow, S&P 500 End Lower Following Drop in Energy Shares Yomna Yasser Sep 9, 2014 0 The Dow and S&P 500 ended lower on Monday after a drop in energy shares, while the Nasdaq edged higher with…
USA US Stocks Little Changed After Reports on Jobs, Service Sector Yomna Yasser Mar 5, 2014 0 U.S. stocks were near unchanged on Wednesday, a day after the S&P 500 closed at a record high, as Wall Street…
forex news Exxon Mobil-Rosneft Deal Signed To Develop Arctic Reserves Yomna Yasser Apr 17, 2012 0 Rosneft and Exxon Mobil have signed a partnership deal, which will see them work together to develop the Arctic's…
forex news OPEC Seeking World Oil Price Balance: Iraq Yomna Yasser Apr 9, 2012 0 OPEC is seeking a balance in world oil prices, but political instability rather than production issues are…
forex news Iraqi Kurdistan’s Oil Exports Halted Over Pay Dispute Yomna Yasser Apr 2, 2012 0 Tensions between Baghdad and the Kurdish region have risen since October last year when Exxon Mobil announced a…
forex news Officials Confirm ExxonMobil Operations in Kurdistan Yomna Yasser Mar 25, 2012 0 Government officials in the Kurdistan Region say that American oil giant Exxon Mobil continues to work in the…
Internet News Apple’s market value exceeded 500 billion dollars Administrator Mar 1, 2012 0 Apple's market capitalization topped $500 billion on Wednesday, climbing to a mountain peak where few companies…