Qatar would like to see costs on three energy projects cut by as much as 40 percent, the country’s oil minister said on Monday. “We are looking to cut costs by 20 to 30 percent,” Oil Minister Abdullah al-Attiyah said at a press conference after the inauguration of a new gas plant. “But 40 percent […]

One of the world’s most powerful energy industry executives believes Qatar will emerge as a world-class science and technological cluster. Rex W. Tillerson, Chairman and CEO of Exxon Mobil Corporation, the world’s largest publicly traded international oil and gas company hailed Qatar’s emergence as a science and technology hub with the inauguration of QSTP on […]

Exxon Mobil is still in talks with state-run Qatar Petroleum (QP) to build a petrochemical cracker, a senior Exxon executive said on Tuesday. The slump in demand for petrochemicals as global economic activity slows has raised doubts about plans for petrochemical expansion. The Middle East has a slew of projects under contruction and planning as […]