Keyword: US shale

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BP Creates Independent U.S Onshore Oil & Gas Business

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...

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Exxon Starts World’s first Crude-Cracking Petrochemical Unit

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...

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Vopak Considering LNG Storage in Asia as Demand Grows

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...

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Chevron, Exxon Investors Sustain Calls for Fracking Disclosure

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...

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Asian Petrochemical Firms Risk High-end Chemicals Deluge

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...

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U.S. Oil Production Rises for Exxon, Conoco in Q1

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...

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Occidental, Conoco Q3 Profits Fall on Lower Prices

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...