Poland was always the European country that most aggressively welcomed the shale gas revolution. But success has been fleeting and there have been plenty of setbacks, as Stuart Elliot discusses in this week’s Oilgram News column, Petrodollars. Read the rest of this entry »
Posts Tagged ‘ExxonMobil’
Petrodollars: the shale gas boom has been slow to arrive in Poland
By News Desk | October 29, 2012 11:23 AM Comments (1)
At the Wellhead: the legacy of tough Libyan oil and gas contracts
By News Desk | October 8, 2012 08:29 AM Comments (1)
Among all the strife in Libya, potential or actual investors in the country’s oil and gas industry have another problem: a contract structure that is discouraging new investment. It was a key topic at a recent conference in Libya’s capital city, and Kate Dourian discussed it in the At the Wellhead column of Oilgram News.
Petrodollars: Deal between Kurdish region and Iraq may be a big boost to country’s oil industry
By News Desk | October 1, 2012 03:08 PM Comments (2)
After verbally sparring for years over federal control over oil production on Iraq’s Kurdish region, the two sides now have come to an understanding. As Platts’ Tamsin Carlisle writes in Oilgram News‘ Petrodollars column, it may be a turning point in the country reaching its oil output goals.
World’s biggest LNG supplier, Qatar, partners with ExxonMobil in US export venture
By Tamsin Carlisle | August 28, 2012 05:23 PM Comments (3)
Stop the presses: Qatar, which sits on two-thirds of the world’s biggest conventional gas field in its own territorial waters, has applied with ExxonMobil to the US Department of Energy for a license to export liquefied natural gas (LNG) from Port Arthur, Texas.
In a document received by the department August 17, Golden Pass Products (GPP), a Houston-based joint venture between state-owned Qatar Petroleum and ExxonMobil, seeks long-term, multi-contract authorization to export US-produced LNG to any country with the capability to import the fuel that has or will sign a free trade agreement with the US requiring “national treatment” for trade in natural gas.
The oil industry’s lure of the deep (waters)
By Starr Spencer | July 20, 2012 05:33 PM Comments (0)
If you thought 2008 was a heyday for deepwater drilling, you ain’t seen nothin’ yet.
At least that’s the message suggested by the first two drillers, Noble Corporation and Diamond Offshore, that reported second-quarter earnings this week. While earnings were healthy, it was the commentary by the drillers’ managers that made Wall Street sit up and take notice.
Both companies say they expect the global ultra-deepwater segment to carry the ball for them going forward. And that “forward” looks pretty darn good.
A tricky question for Kazakh oilmen
By John Roberts | October 11, 2011 01:03 PM Comments (0)
What kind of a speech do you give when you’re invited to a party and you want to get a difficult message across without upsetting your hosts?
That was the dilemma confronting two very senior executives from Chevron and ExxonMobil when they addressed the Kazenergy Forum in the glittering Kazakh capital of Astana last week. They had some serious points to make about the conditions for foreign companies in general, and their own in particular, but they would have been way out of line had they been too blunt in their comments.
So how do you go about getting your points across? Naturally you start by praising Nursultan Nazarbayev, the country’s president. But for what do you praise him? For presiding over the quadrupling of oil production from 20 mt in 1991 to 79.7 mt in 2010? For the giant pipelines and shipping routes that mean his country now exports around 1.5 million b/d to markets as far afield as the United States, China and Western Europe? Or for overseeing the country’s emergence as the world’s leading producer of uranium?