Jens Zimmerman gives his analysis of the decision.
Conoco-Phillips
Posted inProducts & Services
ConocoPhillips to hive off refinery business
Shares have already surged 9.5% on today’s news
Posted inNews
ConocoPhillips sets $13.5 billion budget for 2011
Exploration and production spend accounts for 90% of approved budget
Posted inProducts & Services
Aramco awards $200m bulk plant upgrade to Suwaidi
Sources say local company has won a major upgrade contract in the KSA
Posted inProducts & Services
Aramco awards KBR major Shaybah gas contract
US company finally confirms FEED and PMS contract for NGL project
Posted inProducts & Services
Aramco looks to develop Brazil’s offshore oil
Pre-salt oil reserves off coast of Brazil attracting major interest
Posted inProducts & Services
Aramco CEO says fields will remain idle in 2010
Khalid al-Falih says no change in output until world demand increases
Posted inIN PICTURES
EIC: Opportunities in Iraq Energy Sector
Pictures from the recent EIC Iraq event held in Dubai
Posted inProducts & Services
SNC-Lavalin & KBR lead Aramco gas contracts race
Contractors battle it out for FEED contracts at Manifa and Shaybah