Equinor, ExxonMobil to Expand Production in Brazil 

• Tuesday, 17th May 2022
• by Fatma Ahmed

Equinor SA and Exxon Mobil Corp announced that they have taken the first steps to expand thier oil development in Brazil with costs $8 billion, Equinor told Reuters. The two companies want to boost future production f...

UAE Preparing Energy Projects for Eventual Oil Price Rebound

• Tuesday, 10th November 2015
• by Egypt Oil & Gas

The United Arab Emirate is pushing ahead with large new energy projects, betting that an oil price recovery will start as early as next year as demand begins to absorb the global glut, said energy minister Suhail Al M...