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FinancialNews


  • 11-04-18

    Qatar, Exxon discuss possible deal for US shale gas

    (MENAFN) Qatar was reported to be currently holding dialogues with Exxon Mobil Corp for a potential agreement to invest in US shale gas resources.

    The news of the talks was reported by the Wall Street Journal, as it cited sources who are familiar of the topic.

    The newspaper reported the agreement to might result in a joint venture between Qatar Petroleum and Exxon's XTO Energy subsidiary, with either a partnership or investments in future wells.

    However, it explained that an agreement was not finalized with an existing possibility of a failure at the end of talks.

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