Qatar Petroleum (QP) is about to invest at least $20 billion in the United States, the company’s CEO Saad al-Kaabi said after Qatar unexpectedly announced
Tag: Exxon
Russia’s Sakhalin-1 Project Jeopardizes OPEC Output Freeze
Oil production from Russia’s Sakhalin-1 project is poised to go up by about 25% to 250,000-260,000 barrels per day from January 2018, suggesting that the
Statoil Outlook Report: Decoupling Growth From Energy May Be Impossible
The Norwegian oil and gas company Statoil said that it might be impossible to decouple gross domestic product growth from energy, emphasizing the importance of
BP to Slash Investments in Medium-Term in Line with Industry Trends
BP – or British Petroleum – is not going to increase its annual investments at least till 2020, although it still expects to make nine
M&A Activity in Commodity Sector Likely on Rise due to Low Prices
The recent $70-billion acquisition of BG Plc. by its competitor Royal Dutch Shell signals that mergers and acquisitions (M&A) might be on the rise in