06.03.2014
- Oil and petrochemicals giant BP is creating a new business to manage its U.S. onshore oil and gas assets, in what the UK group hopes will allow it to compete more effectively with...
09.01.2014
- ExxonMobil officially launched the world's first chemical unit that processes crude oil in Singapore, aiming to lower costs to better compete with rivals in a market saddled with...
12.06.2013
- Dutch oil and chemicals storage company Vopak is considering building more liquefied natural gas (LNG) storage terminals, including its first in Asia, to meet rising demand as spot...
30.05.2013
- About 30% of shareholders of both Exxon Mobil and Chevron on Wednesday backed calls for more disclosure surrounding their use of hydraulic fracturing, the top two U.S. oil...
13.05.2013
- Petrochemical firms risk creating a glut of high-end products in Asia as they invest billions of dollars to move up a value chain threatened at the bottom end by cheap U.S...
25.04.2013
- Quarterly results from Exxon Mobil and ConocoPhillips on Thursday showed that while overall growth remained elusive, output rose in key basins in the United States where the oil...
26.10.2012
- ConocoPhillips and Occidental Petroleum reported quarterly results that topped Wall Street estimates as they produced more oil and gas than expected, even as lower prices hurt...