CEO Peter Voser blames recession & oil price as profits drop to $2.3bn
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Aramco and Shell develop Empty Quarter gas JV
Aramco CEO says search for gas reserves in vast desert will continue
Posted inProducts & Services
Shell signs FLNG deal with Technip and Samsung JV
Joint venture to design & build floating liquefied natural gas vessel
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Sonatrach CEO promises better terms for bidders
Algeria’s second round of oil and gas licenses to be less draconian
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Nakilat bucks trend with massive profits hike
Qatari LNG transporter reveals Q2 profits up 252% to US$49.26 million
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Aramco CEO says capacity reached 12m bpd in June
Khalid al-Falih says figure was reached after start-up of three fields
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GMS agrees financing deal with ADCB
Gulf Marine Services secures undisclosed amount to build jack-up barge
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KSA perfect for renewable energy says Siemens CEO
Loscher says potential for non-hydrocarbon energy projects is huge
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Focus: Chevron – steamflooding the neutral zone
We speak to Chevron’s Upstream Relations team leader Kurt Glaubitz
Posted inProducts & Services
Voser wields axe as 600 managers culled at Shell
New CEO determined to streamline management at Anglo-Dutch supermajor