ExxonMobil Corp. (NYSE: XOM - News) will start drilling at the Beryl field in the northern North Sea. The field is jointly owned by Mobil North Sea LLC (Exxon’s subsidiary and the operator — 50%), Hess Limited (NYSE: HES - News) — 22.22%, Enterprise Oil Limited (a subsidiary of Royal Dutch Shell [RDS.A] plc — [...]
Exxon Mobil finished a roller-coaster year in the oil markets with an all-time record $45.2 billion in profits, despite fourth-quarter earnings that were a third lower than the same period a year before.
With oil prices slumping, Exxon Mobil suffered a sharp drop in profits from producing oil and gas but higher profit margins at refueling [...]
JAKARTA, Nov 17 - Indonesian state oil firm Pertamina has named eight international oil and gas companies, including Exxon Mobil , Chevron and France’s Total , as its potential partners to develop the giant Natuna D-Alpha gas field, a senior company official said on Monday.
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Karen Agustiawan, Pertamina upstream director, told Reuters by short text [...]
NEW YORK: World oil prices skidded on Wednesday on recession fears that swept markets after massive government interventions to kick-start frozen credit flows in the global financial crisis.
New York’s main contract, light sweet crude for November, slid 4.09 dollars to close at 74.54 dollars.
In London, Brent North Sea crude futures plunged below 70 dollars in [...]
MOSCOW: Global oil giant Royal Dutch Shell is in talks to acquire at least 50 per cent of Russian company Taas-Yuriakh, which operates a large Sib
erian oil field, the daily Kommersant reported Thursday.
Reserves in the Sredni-Botuobinskoye field amounted to 98 million tonnes of oil, according to estimates Kommersant gave, citing several industry sources.
The purchase of [...]
NEW YORK (AFP) — Oil prices surged Friday after the US government said it was working on a comprehensive plan to rescue the banking system, prompting traders to reassess the outlook for the economy and energy use.
New York’s main contract, light sweet crude for delivery in October, jumped 6.67 dollars to close at 104.55 dollars [...]
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Royal Dutch Shell plc (NYSE: RDS.A)(NYSE: RDS.B) announces that on 12 September, 2008 it purchased for cancellation 510,000 “B” Shares at a price of 1704.13 pence per share.
Following the cancellation of these shares, the remaining number of “A” Shares of Royal Dutch Shell plc will be 3,547,035,973 and the remaining number [...]
