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ExxonMobil agrees 20-year LNG deal with China’s Zhejiang Energy

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SINGAPORE (Reuters) – Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as the U.S. oil and gas giant steps up marketing of the fuel in China, the world’s second-largest buyer. The logo of Exxon Mobil Corporation is shown on a monitor above the Read More

U.S. LNG exports on rise as regulators approve two new projects

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By Stephen Cunningham and Naureen S. Malik on 4/18/2019 Photo: Corpus Christi, Texas LNG terminal. WASHINGTON and NEW YORK (Bloomberg) — Tellurian Inc.’s proposed $28 billion Driftwood terminal in Louisiana and Sempra Energy’s Port Arthur LNG project in Texas were cleared by the Federal Energy Regulatory Commission in a 3-1 vote in Washington, with Democratic Read More

ExxonMobil wins three blocks in Argentina offshore bid round

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4/16/2019 IRVING — ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round. The award adds approximately 2.6 million net acres to its existing holdings in Argentina, which includes the onshore Vaca Muerta unconventional oil Read More

Exxon Mobil wins three exploration blocks offshore Argentina

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FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo (Reuters) – U.S. oil major Exxon Mobil Corp said on Tuesday its unit and an affiliate of Qatar Petroleum had won three exploration blocks Read More

McDermott awarded large offshore EPCI contract by Qatargas

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4/14/2019 Derrick 50 barge vessel. Photo: McDermott. HOUSTON — McDermott International, Inc. has announced a large* contract award from Qatargas for engineering, procurement, construction and installation (EPCI) for expansion of the North Field offshore facilities in the State of Qatar. The contract for new facilities includes the full suite of EPCI services for eight new Read More

Qatar has no say in who runs Deutsche: foreign minister

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FILE PHOTO: Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani speaks during the annual Munich Security Conference in Munich, Germany February 17, 2019. REUTERS/Andreas Gebert/File Photo BERLIN (Reuters) – Qatar has no direct say in who runs Deutsche Bank, the country’s foreign minister said when he was asked on Thursday for Doha’s view on merger Read More

Aramco sells $12 billion bonds out of record $100 billion demand

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DUBAI (Reuters) – Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company. Saudi Energy Minister Khalid al-Falih speaks during the Read More

London judge discharges jury in landmark Barclays Qatar case

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FILE PHOTO: The Barclays logo is seen in front of displayed stock graph in this illustration taken June 21, 2017. REUTERS/Dado Ruvic/File Photo LONDON (Reuters) – A London jury has been discharged in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue the bank at the Read More

Russia expands LNG operations in Arctic

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By Olga Tanas, Dina Khrennikova and Anna Shiryaevskaya on 4/8/2019 MOSCOW and LONDON (Bloomberg) — Almost 1,500 mi from Moscow, the tiny port of Sabetta nestles in a desolate Russian Arctic peninsula. A former outpost for Soviet geologists, it’s now the site of Russia’s most ambitious liquefied natural gas project, operated by a company that Read More

London judge dismisses jury in landmark Barclays Qatar case

2 weeks ago DieselGasoil Comments Off on London judge dismisses jury in landmark Barclays Qatar case
FILE PHOTO: The Barclays logo is seen in front of displayed stock graph in this illustration taken June 21, 2017. REUTERS/Dado Ruvic/File Photo LONDON (Reuters) – A London jury has been dismissed in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue the bank at the Read More