Keyword: ExxonMobil

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Saudi SABIC Sees Higher Sales, Profit In 2011, 2012

20.01.2011 - SABIC said it expects higher sales and profitability this year and throughout 2012 as petrochemical prices return to pre-crisis levels and further output capacity is added. The...

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PetroChina's INEOS Buy Shows Trading Ambition; Eyes America

12.01.2011 - PetroChina's move to buy into two refineries in France and Scotland belonging to British firm INEOS is a further step for the Chinese oil giant to become an integrated global oil...

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Ras Laffan Petchem Plant: Shell, Qatar to Conduct Joint Study

22.12.2010 - Royal Dutch Shell and Qatar Petroleum will jointly study building a major petrochemicals plant in the Ras Laffan industrial city in Qatar, Shell said on Tuesday. "The scope under...

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Saudi Sabic Says Evaluating Bids For Ibn Rushd

18.10.2010 - Sabic expects to decide by the end of this year on bids for the expansion of its affiliate Arabian Industrial Fibers (Ibn Rushd), its chief executive said on Sunday. Ibn Rushd's...

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Exxon Says Still Working On Qatar Ras Laffan Project

11.08.2010 - Oil major Exxon Mobil is still working with Qatar Petroleum (QP) on a planned $6 billion petrochemicals complex, a spokesman for the U.S. firm said on Tuesday, refuting a media...

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Exxon Quits New $6 Billion Ras Laffan Petchem Project

10.08.2010 - Exxon Mobil has formally ended a deal with state-funded Qatar Petroleum (QP) to develop a new $6 billion petrochemicals facility in Ras Laffan, according to Middle East Economic...

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BP Accused Of Repeated Shortcuts, Obama Tours Gulf

15.06.2010 - U.S. lawmakers accused BP on Monday of taking risky and repeated shortcuts on its blown-out Gulf of Mexico oil well, while President Barack Obama pressed the energy giant to...

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Exxon Singapore Petchem Plant on Track Despite Glut

07.06.2010 - Exxon Mobil will not delay the start up of its new petrochemical plant in Singapore despite the glut in ethylene supplies, a senior executive said on Monday. "We are into long-term...