News / International
Oil up in Asian trade as market awaits OPEC decision
Oil prices rebounded in Asian trade Thursday as the market awaited the OPEC cartel's decision on output cuts, analysts said. Russia wins Hungary’s support for gas pipeline
Russia won Hungarian support on Tuesday for its South Stream pipeline to deliver gas to Europe, while Prime Minister Vladimir Putin said a rival project to supply Caspian region gas would need Iran's support. Aker Solutions signs partnership agreement with ACEC of Saudi Arabia
Aker Solutions has signed a partnership agreement with the Arabian Consulting Engineering Centre (ACEC) to support its plans to grow in the engineering services market in the Kingdom of Saudi Arabia. Exxon says Iraq must ‘create conditions’ to attract foreign investment
Exxon Mobil is in constant dialogue with Baghdad to create the investment climate that would allow it to become a significant player in the Iraqi energy sector, its chief executive, Rex Tillerson, said Monday. Tullow reports significant discovery at Tweneboa-1 Exploration Well Offshore Ghana
Tullow Oil plc announces that the Tweneboa-1 exploration well, drilled in the Deepwater Tano licence offshore Ghana, has discovered a significant highly-pressured light hydrocarbon accumulation. Total announces early start-up of production of the Akpo Deep Offshore Field in Nigeria
Total announces that its subsidiary Total Upstream Nigeria Limited (TUPNI), operator of the OML 130 block, has started production from its Akpo deep water development ahead of the planned start-up date. With proved and probable reserves estimated at 620 millions barrels of condensate (around 50°'b0 API), and more than 1 tera cubic feet (tcf) of gas. Morocco to invest $10B in energy projects
Morocco, the only North African state without oil of its own, plans to invest 90 billion dirhams ($10.29 billion) in projects across the energy spectrum, its energy minister said. Weak demand for gas may persist into 2010, says ExxonMobil chief
Current weak demand for gas may persist into 2010, but Qatar liquefied natural gas is well positioned to deal with the situation, ExxonMobil Corporation Chairman and CEO said. 
