ExxonMobil | Egypt Oil & Gas - Part 16
Nigeria’s Oil Production Drops
Nigerian oil production has dropped to 1.4mb/d due to attacks by armed militant groups, the Nigerian Oil Minister, Ibe Kachikwu, declared.
Exxon, Petrochina to Develop Iraq’s Oil Fields
ExxonMobil and Petrochina are in talks with the Iraqi government about possible solutions to boost crude production at the Nahran Oman and Artawi fields, said Iraqi Deputy Oil Minister, Fayyad Al-Nima.
Six Energy Giants Interested in Cyprus’ Offshore Licenses
Cypriot Energy Ministry, Georgios Lakkotrypis, has announced the names of six of the eight companies that had sent their expressions of interest for earning licenses for offshore hydrocarbon blocks in the country.
Nigeria: ExxonMobil Announces Force Majeure on Oil Exports
ExxonMobil subsidiary Mobil Producing Nigeria has announced a force majeure on exports of the country's largest export stream, Qua Iboe crude oil.
Nigeria’s Community Pressures ExxonMobil over Oil Spill
The Ibeno community of Akwa-Ibom state, a host to ExxonMobil, has given the oil major one week ultimatum to clean up the latest alleged oil spill from its facilities or face sanctions in the area.
US Drillers to Cut Capital Spending by 30%
A group of 44 US oil and gas drillers will need to cut their capital budgets by an additional 30% to balance their lowered income, according to an analysis by IHS Inc.
Iraq Seeking Foreign Investments to Increase its Oil Output
Iraq's state-run South Oil Co. (SOC) has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar Integrated South Project to boost infrastructure that will allow to increase output from its sma ...
US to Lift Oil Export Ban Valued at $1.9b in Total
US Congress has approved a deal to lift a 40-year-old ban on US crude export to allow domestic oil producers sell their production in the global market without restrictions
