Industry

ExxonMobil earnings rise nine per cent in 2012

exxonExxonMobil saw a nine per cent (US$3.82bn) in earnings to US$44.88bn for the year ended 31 December 2012

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Kurdistan Region of Iraq intends to build oil pipeline to Turkey

pipeline-iraqThe Kurdistan Region of Iraq has announced that the region's autonomous government wants to build an oil pipeline for exports to Turkey

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Ferguson Group launches new Abu Dhabi division

offshore3The Ferguson Group, a specialist in the rental of equipment to the offshore energy industry, has announced the launch of its new Ferguson Middle East Abu Dhabi division

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Apicorp and Natixis to fund US$200 million Glencore purchase of Moroccan oil

refinery-moroccoArab Petroleum Investments Corporation (Apicorp) and Natixis have been appointed to fund a two-year US$200mn loan to Glencore Energy UK (Glencore) for the purchasing of Moroccan oil

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GE's new facility to boost Iraq oil field

Rami Qasem CEO of GEGeneral Electric (GE) Oil & Gas has established a new technology and service centre in the heart of Iraq's oil-rich North Rumaila region

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