Trump signed an executive order on January 9 to protect Venezuelan oil revenues from creditors as part of a sweeping effort to stabilize the country’s economy and restore American energy operations following the r ...
Russian President Vladimir Putin has extended by one year the deadline for the sale of ExxonMobil’s stake in the Sakhalin‑1 oil and gas project, giving the US major until January 1, 2027, to complete an exit deal, ...
Aramco, ExxonMobil and Saudi Aramco Mobil Refinery (Samref) have entered a Venture Framework Agreement (VFA) to explore a major expansion and upgrade of the Samref refinery in Yanbu, aiming to transform the site i ...
Gas production at the Groningen field in the Netherlands has been capped by the Dutch gas sector regulator at 9.3 billion cubic metres (bcm) for the year ending October 2021
Algeria’s Energy Minister, Mohamed Arkab, has announced that Algeria’s proven oil reserves currently stand at 10 billion barrels.
Algerian state-owned Sonatrach has signed a Memorandum of Understanding (MoU) with America’s ExxonMobil Corporation to pave the way for talks on exploration opportunities in Algeria.
The announcement came a week after Sonatrach sat with Chevron Corp., to confer energy collaboration, as the energy producer said it seeks boosting its output and increasing its revenues.
Iraqi officials have set June 14 as the deadline for investors to bid for the 100,000 b/d Kut refinery.
Abu Dhabi plans to increase the production capacity of its Upper Zakum oilfield to 1 million barrels per day (b/d) by 2024.
