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Natural Gas
Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture
Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…
Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom
Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in ch…
Oil Refinery
Strike Ends at Exxon Refinery in France
A workers' strike at Exxon Mobil's Esso refinery in Fos-sur-Mer in southern France stopped on Saturday and the halted units are being restarted, the company sai…
Oil Shale
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…
Oil&Gas Drilling
Biden: “Exxon Made More Money Than God This Year”
The US President has slammed the oil sector over huge profits amid the energy crisis.
Oil & Gas Supply
Exxon Passes $100 Mark for First Time Since 2014
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen o…
LNG
Qatar Picks Exxon, Total, Shell, Conoco for Mega-LNG Expansion
Qatar has picked Exxon Mobil Corp , TotalEnergies SE, Royal Dutch Shell and ConocoPhillips as partners in the expansion of the world's largest liquefied natural…
Oil Shale
ExxonMobil to Sell Shale Assets in Texas to BKV for $750M
The Barnett Shale gas assets are part of ExxonMobil’s gas resources in North America that were removed from the company’s development plans in 2020.
Carbon Emissions
Exxon Shareholders Back Board, Vote Against Faster Carbon Emission Cuts
Exxon Mobil Corp shareholders on Wednesday backed the energy company's board and its energy transition strategy, voting against most proposals to accelerate cut…
United States
Exxon Opens Biofuels Trader Role as It Expands Lower-Emission Initiatives
Exxon Mobil Corp is recruiting a biofuel and ethanol trader in North America, the company said in a social media post, as part of its efforts to develop lower e…
Crude Oil
Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform
Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa…
Russian Federation
Exxon Could Withdraw Completely From Russia Within Two Months
U.S. supermajor ExxonMobil plans to shut down all its businesses in Russia by June 24.
CCS
ExxonMobil Estimates $4 Trillion CCS Market by 2030
Amount is around 60% of forecast oil and gas market by that date.
Energy Transition
Exxon Sees Carbon Capture Market at $4 Trillion by 2050
Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentati…
Net Zero Emission
ExxonMobil Begins Design Studies for Carbon Capture Hub
ExxonMobil Australia is undertaking early front-end engineering design studies (pre-FEED) to determine the potential for carbon capture and storage to reduce gr…
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