22.12.2011
- Exxon Mobil plans to merge two of its products divisions, a sign of the times for big oil companies, which generally are sharpening their corporate focus on the growing challenges...
09.12.2011
- Big oil and gas companies say their increasing dominance of shale gas exploration will bring improved drilling practices and should end the safety lapses that have led to...
14.11.2011
- Chinese oil giant Sinopec said on Friday it will pay $3.5 billion for a 30% stake in the Brazil unit of Portugal's Galp, extending China's drive to secure access to energy for its...
31.10.2011
- China's No.1 and No.2 oil and gas producers, PetroChina and China Petroleum & Chemical Corp (Sinopec), reported third quarter net profit that beat estimates, as strong oil and gas...
30.06.2011
- U.S. oil refining capacity increased to its highest level in nearly three decades during 2010, but refining operations remain well below historical highs seen in the 1990s, the...
21.06.2011
- Exxon Mobil will delay the start-up of its 1 million tons-per-year (tpy) ethylene cracker on Jurong Island in Singapore into next year instead of the end of 2011 due to longer-than...
10.06.2011
- Tonen Chemical, an arm of Exxon Mobil's Japan unit, shut its 491,000 ton-per-year naphtha cracker in Kawasaki, south of Tokyo, from around noon on Thursday due to problems, an...
03.06.2011
- Marathon Oil Corp will buy oil and gas properties in Texas' Eagle Ford shale field for $3.5 billion from private equity firm KKR & Co and Hilcorp Resources Holdings LP, the...
