Deloitte launched its third annual Oil & Gas reality check report at the World Petroleum Congress (WPC) in Doha, Qatar.
Industry
Shell looking to expand its strategic partnership in Qatar
Peter Voser, CEO of Shell, in a speech at the World Petroleum Congress stressed his desire to continue Shells strategic partnership with Qatar and discussed the challenges facing the energy industry which is changing the nature of industry partnerships.
Repsol, Total provide update on Libyian production
Oil giants Total and Repsol provided updates on their resumed production in Libya after both companies slashed their output as a result of the civil war in the North African state.
Honeywell develops strong local presence in Iraq
Honeywell announced an expansion of its Iraqi investment with the opening of a second full-service office in Basra, which will further strengthen the companys commitment to its customers and partners.
Exxon sees economic optimism due to energy demand growth
Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex Tillerson, chairman and chief executive officer of Exxon Mobil, said at the World Petroleum Congress in Doha.