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2017-06-26 23:30:00

QATAR - EXXON COOPERATION

QATAR - EXXON COOPERATION

REUTERS - The emir of Qatar met with Exxon Mobil Corp (XOM.N) chairman and CEO Darren Woods in Doha on Saturday for talks on "cooperation," state news agency QNA reported, following a rift between four Gulf states and Qatar that has raised worries about energy supplies.

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt on Monday cut ties with Qatar, accusing the country of supporting extremism. Qatar denies the allegations.

QNA said the Emir, Sheikh Tamim bin Hamad al-Thani, met with Woods and ExxonMobil Qatar General Manager Alistair Routledge at the Al-Bahar Palace.

"During the meeting, they discussed bilateral cooperation relations and means to develop them in addition to the latest developments in the energy sector," the agency said.

Qatar and Exxon have had development agreements for more than a decade, with Exxon helping Qatar to become the world's largest LNG exporter. Exxon, working with government-controlled energy company Qatar Petroleum [QATPE.UL], has invested in LNG-processing plants, transport ships and related infrastructure.

Exxon said earlier this month that production and exports of liquefied natural gas from Qatar have not been affected by the row.

The growing diplomatic dispute has raised concerns about global access to Qatar's LNG, especially after some regional ports in the Gulf said they would not accept Qatari-flagged vessels.

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Earlier:

QATAR: 

RUSSIA - QATAR COMPETITION 

QATAR WILLING TO SPEAK 

QATAR'S GDP UP TO 2.7% 

QATAR'S INVESTMENT TO RUSSIA 

QATAR'S RATINGS "AA" 

QATAR LNG UP 50% 

IRAN & QATAR COMPETITION

 

EXXON: 

EXXON NET INCOME $4 BLN 

EXXON INVESTMENTS: $22 BLN 

DEDICATION TO EXXONMOBIL 

QATAR & EXXON PROJECT 

SHELL & EXXON COMPETITION 

EXXON NET INCOME DOWN 50% 

EXXON CHOOSE NOT TO LOOSE

 

 

 

 

Tags: QATAR, EXXON, LNG, GAS

Chronicle:

QATAR - EXXON COOPERATION
2018, August, 17, 11:30:00

U.S. INDUSTRIAL PRODUCTION UP 0.1%

U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.

QATAR - EXXON COOPERATION
2018, August, 17, 11:25:00

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.

QATAR - EXXON COOPERATION
2018, August, 17, 11:20:00

GAZPROM NEFT NET PROFIT UP TO 49.6%

GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.

QATAR - EXXON COOPERATION
2018, August, 15, 11:10:00

OIL PRICE: NEAR $72

REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.

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