Exxon, Eni Exploration Contracts close to being finalized, says Mozambique oil and gas regulator
Businessam Staff
June 20, 2018
Mozambique’s oil and gas regulator said exploration contracts for the nation’s fifth licensing round in 2015, which awarded blocks to
Exxon shuts Papua New Guinea output to inspect quake damage
Businessam StaffFebruary 26, 2018
Exxon Mobil Corp. has shut production platforms and a processing plant in the highlands of natural gas exporter Papua New Guinea after
World’s biggest wealth fund divesting out of petroleum, gas stocks to hedge against oil-price risk
Businessam StaffNovember 17, 2017
Norway’s $1 trillion wealth fund amassed through pumping oil and gas over the past two decades wants out of petroleum stocks.
Schlumberger, world’s largest oil services firm, seen positioning as next oil major
Businessam StaffSeptember 8, 2017
The world’s largest oilfield services company, Schlumberger NV, is spending billions of dollars buying stakes in its customers’ oil
Chevron CEO Watson to step down, Wirth likely successor, source reveals
Businessam StaffAugust 23, 2017
John Watson, Chevron Corp Chief Executive will step down by the end of next month, September and Mike Wirth, Vice Chairman, likely to