Press Releases

SABIC and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast....

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Statoil, along with its partners, has finalized a 19-month exploration drilling program offshore Newfoundland.   The purpose of the drilling program was to increase the robustness...

BP Egypt announced another important gas discovery in the Baltim South Development Lease in the East Nile Delta. The Baltim SW-1 exploration well, drilled in...

The U.S. Trade and Development Agency and India’s largest commercial organisation IndianOil will jointly work to explore cleaner fuels.                     The U.S. Trade and Development...

Eni made a new significant gas discovery in the Baltim South West  exploration prospect, located in the Baltim South license, in the conventional waters...

Saudi Aramco and Saudi Arabian Basic Industries Corporation (SABIC) have signed heads of agreement to conduct a feasibility study on the development of a...