Remove 2018 Remove Mozambique Remove Production Remove Sale
article thumbnail

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. ExxonMobil’s reserves life at current production rates is 14 years. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Additional exploration drilling in Guyana is planned in 2018 on the 11.5

2017 186
article thumbnail

Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

Green Car Congress

Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018. Outokumpu reported in its interim report for Q1 2018 that high graphite electrode costs were still having a negative impact on steelmaking profits in Europe. ROW still far from developing a spherical graphite supply chain.

Price 207
article thumbnail

Petrobras sells sugar, ethanol and petrochemical assets for US$587 million

Green Car Congress

Brazil’s Petrobras closed two asset sales for the total sum of US$587 million. The Petrobras Board of Directors also approved the sale of Companhia Petroquímica de Pernambuco (PetroquímicaSuape) and Companhia Integrada Têxtil de Pernambuco (Citepe) to two subsidiaries of the Mexican company Alpek, for US$385 million.