ExxonMobil Corp. is working closely with Russia’s state-owned oil company OAO Rosneft to complete some joint partnership agreements worldwide, which include plans to develop projects in the deepwater GOM and in the U.S. onshore, the investor relations chief confirmed Thursday.
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ExxonMobil Exec Says Rosneft to Participate in U.S. Onshore, Deepwater
ExxonMobil Corp. is working closely with Russia’s state-owned oil company OAO Rosneft to complete some joint partnership agreements worldwide, including plans to develop projects in the deepwater GOM and in the U.S. onshore, the investor relations chief said Thursday.
ConocoPhillips Ready to Split
ConocoPhillips expects to complete the spinoff its refining arm by the middle of next year, which would absorb the natural gas and oil pipelines as well as joint venture projects, CEO Jim Mulva said last week.
ConocoPhillips Ready to Split
ConocoPhillips expects to complete the spinoff its refining arm by the middle of next year, which would absorb the natural gas and oil pipelines as well as joint venture projects, CEO Jim Mulva said Wednesday.
El Paso to Complete $8B Pipeline Backlog by Year’s End
Ruby Pipeline, which ramped up late last month, is the third of five major pipeline projects El Paso Corp. will complete this year as it prepares to spin off its exploration and production (E&P) business, CEO Doug Foshee told financial analysts on Thursday.
El Paso to Complete $8B Pipeline Backlog by Year’s End
Ruby Pipeline, which ramped up late last month, is the third of five major pipeline projects El Paso Corp. will complete this year as it prepares to spin off its exploration and production (E&P) business, CEO Doug Foshee told financial analysts on Thursday.
Industry Briefs
Xcel Energy said its Colorado utility will complete in October the upgrade of a six-inch diameter natural gas transmission pipeline to a 16-inch diameter line running in the west-central part of the state. The upgrade aims to address growing population and facilitate switching an existing coal-fired power plant to gas in another area of the Xcel utility system. The utility added a third construction crew to overcome delays and keep the project on schedule.
Southern Union Agrees to Negotiate Tie-Up with Williams
Williams said Tuesday it hopes to complete negotiations quickly after Southern Union Co. agreed to consider its unsolicited takeover offer.
EOG CEO: Eagle Ford Among Hottest Plays
EOG Resources Inc.’s shift to an oil and natural gas liquids (NGL) producer is “essentially complete,” CEO Mark G. Papa told financial analysts during a recent conference call in which he gushed about the company’s enviable perch in the oil-rich window of the Eagle Ford Shale in South Texas.
CEO: Hard to Believe EOG’s Eagle Ford Wealth
EOG Resources Inc.’s shift to an oil and natural gas liquids (NGL) producer is “essentially complete,” CEO Mark G. Papa told financial analysts Friday during a conference call in which he gushed about the company’s enviable perch in the oil-rich window of the Eagle Ford Shale in South Texas.