Oil firms plan large African investments
The world's "big five" energy companies – Total, Chevron Texaco, Exxon Mobil, Shell and BP – are all set to continue to play a major role on the African continent.
Qatar Petroleum signs gas deal with Exxon
Qatar Petroleum and ExxonMobil Corporation have signed a Heads of Agreement (HOA) to supply liquefied natural gas (LNG) from Qatar to the USA for a term of 25 years.
Shell poised to sign Qatar GTL deal
Royal Dutch/Shell is poised to stage a major comeback in Qatar by sealing a USD 4 billion gas-to-liquids (GTL) project with the Gulf state.
Thermal power plant in Zhengzhou
China Resources Power (CRP), a unit of China Resources Group, has confirmed it is to invest 1.8 billion yuan to set up a joint venture thermal power plant in Zhengzhou, Henan province.
Sabic to build second EG plant
Saudi Basic Industries Corporation will construct a new Ethylene Glycol (EG) plant at Jubail United Petrochemical Company.