Rosneft, BP To Explore For Shale Oil In Russia
Rosneft and BP signed an agreement on Saturday to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run Russian oil company since the West imposed sanctions over Ukraine in March. Rosneft chief executive Igor Sechin, a close ally of President Vladimir Putin, has been targeted by U.S. sanctions along with some other members of Putin's so-called inner circle following Russia's annexation of Crimea from Ukraine in March. Western energy bosses saved the St Petersburg International Economic forum from a complete failure by effectively standing by Russia as heads of top banks and many other firms did not show up for fear of reprisals over the sanctions.
ExxonMobil Donates $13.4 Million to 'United Way of Greater Houston'
ExxonMobil employees and retirees raised a record $13.41 million for the United Way of Greater Houston during its 2013 community campaign, which was the largest amount raised by the company since its annual campaigns began in 1952. “We are so grateful for our dear friends at ExxonMobil for their extraordinary generosity and support of the United Way of Greater Houston and our community,” said Anna M. Babin, president and CEO of United Way of Greater Houston. The contributions support the work of the United Way Greater Houston, which includes helping families gain financial stability, making sure students achieve academic success and giving seniors the support they need to remain independent.
Qatargas Names its Q-flex Ships
Qatargas has named the first two Q-Flex LNG vessels - Al Ruwais and Al Safliya - at a ceremony held at Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) ship building yard in Geoje Island. The ceremony which was presided over by His Excellency Abdullah Bin Hamad Al-Attiyah, Deputy Prime Minister and the Minister of Energy and Industry and Mr. Neil Duffin, President of ExxonMobil Development Co. officially named the two ships which are the first of 45 large LNG ships to be delivered for Qatar. The Al Ruwais and Al Safliya will be used to ship LNG produced in Qatargas 2, Train 4 to customers in Europe. They are the first of 14 ships that are being built in Korea to service Qatargas Trains 4 and 5.
