Dakar, Nov 29 (Reuters) - Exxon Mobil is close to signing a deal to explore for oil and gas offshore Mauritania, its first foray into the West African country, Mauritania's oil, energy and mines director said on Wednesday.
The Department of Petroleum Resources (DPR), has raised an alarm over the high level of non-compliance to its regulations in the energy sector.
DHAHRAN, Saudi Arabia (Reuters) – State oil giant Saudi Aramco [IPO-ARMO.SE] and petrochemical producer Saudi Basic Industries Corp (SABIC) signed a preliminary deal on Sunday to build a $20 billion complex to convert crude oil to chemicals.
The much-needed technical know-how and licenses for the development of the second phase of Kermanshah Petrochemical Industries Company will be provided by the international firm KBR, formerly a subsidiary of Halliburton, the managing director of the plant said.
SINGAPORE/BANGKOK, Nov 28 (Reuters) - Thailand's largest refiner Thai Oil PCL will stop producing fuel oil from 2022 once it completes a $4-billion upgrade that will boost output of clean fuels, officials said.
Abu Dhabi's state oil producer may build or buy into refining and petrochemical businesses outside the UAE, making its first international investments as it seeks to strengthen ties with customers for its crude.