Exploration Development

Exxon Mobil Corp is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over...

MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway.MOL acquired 6 new licences in the...

Exxon Mobil Corporation announced a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers)...

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

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

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

L&T Hydrocarbon Engineering , fully owned subsidiary of Larsen & Toubro, in consortium with EMAS CHIYODA Subsea 1,a 50:50 joint...

MOTOR OIL SA announces that the company MV Upstream Tanzania Limited reached an agreement in principle with the company Otto...

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