Qatar

ExxonMobil Discovers Huge Natural Gas Reservoir Offshore Cyprus

ExxonMobil Discovers Huge Natural Gas Reservoir Offshore Cyprus

A discovery that may represent a natural gas resource of 5-8 Tcf has been discovered offshore Cyprus by ExxonMobil Corp., which partners in the block with Qatar Petroleum.

February 28, 2019
Qatar Petroleum Said Considering $20B in U.S. Oil, Natural Gas Ventures

Qatar Petroleum Said Considering $20B in U.S. Oil, Natural Gas Ventures

The No. 1 natural gas exporter in the world, Qatar Petroleum (QP), is said to be exploring investments of up to $20 billion in the United States, in both onshore and offshore projects.

December 17, 2018
Qatar Exiting OPEC to Focus on Global LNG Development

Qatar Exiting OPEC to Focus on Global LNG Development

Qatar announced Monday that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) to keep its focus on liquefied natural gas (LNG), its main export product.

December 3, 2018
Qatar Expanding More Natural Gas Reserves to ‘Strengthen’ LNG Export Position

Qatar Expanding More Natural Gas Reserves to ‘Strengthen’ LNG Export Position

State-owned Qatar Petroleum (QP), the No. 1 liquefied natural gas (LNG) supplier in the world, plans to develop additional gas reserves in the country’s North Field to increase liquefaction capacity by 43%.

September 28, 2018

ExxonMobil Opens Door to Qatar Joining Vaca Muerta Shale Rush

Qatar Petroleum (QP) on Monday snapped up its first significant international stakes in unconventional oil and natural gas resources in an agreement with ExxonMobil Corp. to become an equity holder in the Vaca Muerta formation onshore in Argentina’s Neuquén Basin.

June 4, 2018
Australia to Restrict LNG Exports Beginning Jan. 1

Australia to Restrict LNG Exports Beginning Jan. 1

Australia plans to restrict natural gas exports beginning in 2018 to give the state first dibs on supply in an effort to contain rising domestic energy prices, Prime Minister Malcolm Turnbull announced Tuesday.

June 20, 2017
Qatar Merging LNG Operating Companies

Qatar Merging LNG Operating Companies

Top global liquefied natural gas (LNG) producer Qatar Petroleum (QP) plans to integrate its RasGas Co. Ltd. and Qatargas operating companies under a single entity, named Qatargas, it said Sunday.

December 12, 2016

Qatar Petroleum Announces New Global LNG Marketing Arm

Qatar Petroleum (QP) announced Monday that it is creating Ocean LNG Ltd., a new joint venture with ExxonMobil Corp. to market its liquefied natural gas (LNG) supply portfolio sourced outside of the State of Qatar.

October 31, 2016

Texas Aggies Collaborate in Shale Gas, E&P Research

Texas A&M University (TAMU) has launched a multidisciplinary research approach at home and abroad to support shale gas and natural gas exploration, production and monetization activities.

September 18, 2014

LNG May Become Second Largest Energy Source, Says ExxonMobil CEO

Liquefied natural gas (LNG) by 2040 may replace coal as the second largest global energy source, ExxonMobil Corp. CEO Rex Tillerson said in Qatar this week.

December 8, 2011