Oilgame

Sinopec Corp of China, ExxonMobil Corp of the United States and Saudi Arabia's Saudi Aramco formally forged an alliance for a mega-petrochemical expansion project and a fuel marketing scheme in Fujian Province to tap demand in southeastern China....

Higher oil and gas prices boosted Norwegian oil and gas giant Statoil's full-year net income to a new high of 6.5 billion dollars as its turnover increased 10 percent to $67.7 billion. Norway-based oil giant Statoil reported its full year...