The offshore drilling is being carried out at estimated exploration cost of 75 million dollars.
Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a LNG export facility in Texas
A well-known multinational oil and gas firm in the United States ‘Exxon Mobil’ is on the point of exploring huge oil reserves near the Pakistan-Iran border, which could reportedly be bigger than the Kuwaiti reserves. Caretaker Minister for Maritime and Foreign Affairs Abdullah Hussain Haroon made this revelation while addressing business leaders at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). If the oil deposits are discovered as expected, Pakistan will be among top the 10 oil-producing…
NEW YORK: Two Harvard University researchers said in a study published on Wednesday they had collected scientific data proving Exxon Mobil made "explicit factual misrepresentations" in newspaper ads it purchased to convey its views on the oil industry and climate science. In an article in the journal Environmental Research Letters researchers, Geoffrey Supran and Naomi Oreskes, said they examined 187 documents, including internal memos, peer-reviewed papers by Exxon scientists and New York Times "advertorials" - paid…