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Kenya and Uganda finalise route for $4.5bn crude oil export pipeline

2015-08-11 01:00:00| Hydrocarbons Technology

Kenya and Uganda have agreed on a proposed route for a crude oil pipeline, ending months of debates and discussions.

Tags: export oil route kenya

 

ExxonMobil to expand crude processing capacity for Beaumont Refinery in Texas, US

2015-08-06 01:00:00| Hydrocarbons Technology

US based oil and gas firm ExxonMobil intends to expand its domestic crude processing capacity at Beaumont Refinery by 20,000 barrels of oil per day.

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With crude at $50, oil firms fear deeper crisis than in 1980s

2015-08-05 20:07:37| Oil & Gas - Topix.net

After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders. Depressed crude prices - at below $50 a barrel Brent crude is half what it was a year ago - mean even more cuts are needed at new projects and existing operations.

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With crude at $50, oil firms fear deeper crisis than in 1980s

2015-08-05 19:26:58| Energy - Topix.net

After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders. Depressed crude prices - at below $50 a barrel Brent crude is half what it was a year ago - mean even more cuts are needed at new projects and existing operations.

Tags: in oil fear firms

 

ExxonMobil To Expand U.S. Domestic Crude Processing Capacity At Beaumont Refinery

2015-08-05 06:54:57| oilandgasonline Home Page

ExxonMobil will add flexibility to process light crudes at its Beaumont refinery, increasing production capacity by approximately 20,000 barrels per day.

Tags: processing expand capacity domestic

 

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