ExxonMobil
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Oil majors face backlash as era of big profits returns
British oil giants Shell and BP, U.S, firm ExxonMobil and France's TotalEnergies announced last week 2021 profits totalling a whopping $66.7 billion.
It marked a huge turnaround from 2020, when they posted losses as the pandemic emerged, prompting lockdowns that brought the world economy to a grinding halt and caused crude prices to collapse.
Turkey rejects Syria’s statement targeting its territorial integrity
Foreign Ministry Spokesman Tanju Bilgiç on Dec. 2 rejected an "unlawful" statement by the Syrian parliament targeting Turkey's territorial integrity.
Ankara raises spectre of possible EastMed military clash ahead of Greek-Turkish talks
Just four days before scheduled Greek-Turkish exploratory talks, Ankara has in essence threatened Athens and Nicosia with a possible military clash in the Eastern Mediterranean.
ExxonMobil – Drilling in the Cypriot EEZ resumes at the end of November – What’s going on with ENI
The ExxonMobil - Qatar Petroloeum joint venture is expected to resume drilling in the Exclusive Economic Zone of Cyprus (EEZ) at the end of November and the beginning of December, said the Minister of Energy, Trade and Industry of the Republic of Cyprus Natasa Pileidou.
The final date
WEC's Iancu: Romgaz can support Black Sea offshore drilling investment, should be operator
Romanian gas producer Romgaz has the capacity to support investment in the Neptun Deep deep-water offshore gas field development project in the Black Sea and should be the operator of this project, Chairman of the Romanian National Committee of the World Energy Council Iulian Iancu told a news briefing on Tuesday.
Energy minister discusses with ExxonMobil officials on collaboration with Romgaz in carbon storage area
Energy Minister Virgil Popescu met on Wednesday with the representatives of the US company ExxonMobil, and one of the topics of discussion was the collaboration with Romgaz in the field of carbon storage, according to a post on the minister's Facebook page.
Romgaz, ready to take over offshore drilling project amid unexpectedly high interest of banks
Romgaz is ready to take over ExxonMobil's share in the Neptun Deep Black Sea offshore natural gas project, and funding that will be a mix of equity and raised money, Romgaz Director General Aristotle Jude told a news conference on Tuesday. "On March 31, we submitted an offer to take over ExxonMobil's share in the Neptun Deep block.
ANRM: Romania's interest is in Black Sea natural gas investment to start in 2022, or deposits will devalue
Romania's interest is for investment in the Neptune Deep field in the Black Sea to start in 2022, otherwise the natural gas there will lose its value, said on Thursday Director of the National Mineral Resources Agency (ANRM) Sorin Gal.
Drilling in Med Sea to continue despite pandemic: Minister
Turkey will not suspend its drilling activities in the east Mediterranean Sea although energy prices have fallen to historic levels due to the novel coronavirus pandemic, the Turkish energy minister said on May 11.
Turkey intensifies Eastern Mediterranean drilling despite COVID-19
Turkey has intensified hydrocarbon exploration and drilling activities in the Eastern Mediterranean despite the COVID-19 pandemic, which along with low oil prices has caused the temporary suspension of activities of foreign oil companies in the region.
Despite the negative consequences of the pandemic on drilling plans in the region, Turkey is expanding its operations.