January 15, 2018

ExxonMobil looks to increase drilling in Guyana

ExxonMobil is pushing ahead with efforts to develop oil fields off the South American nation of Guyana. Company spokeswoman Kimberly Brasington says it’s asked Guyanese environmental […]
December 3, 2017
Exxon Mobil

Did ExxonMobil paid no tax on $18 billion revenue

Energy giant ExxonMobil​ has not paid a cent in corporate income tax in Australia in at least two years, despite reaping more than $18 billion from […]
October 1, 2017

TechnipFMC Awarded EPCI Contract in Brazil

TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Statoil in Brazil. The EPCI covers the execution of the subsea pipeline connection […]
September 28, 2017

Brazil holds record oil field auctions

Brazil’s government notched up a record oil auction Wednesday, with sales of several dozen of the 287 exploration blocks on offer fetching more than $1 billion […]
September 24, 2017

Brazil seeks to avoid Venezuela default on $5 billion contracts

Brazilian officials plan to visit Venezuela next week to prevent the oil-rich nation from defaulting on contracts worth as much as $5 billion after falling in […]