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Energy Subsidies
Dutch Govt Grants $2.4 billion in Subsidies to Huge Carbon Storage Project
Shell and Exxon requested the subsidies in January together with industrial gas suppliers Air Liquide and Air Products
CCS
ExxonMobil Pitches $100bn Houston Carbon Capture Hub
ExxonMobil is seeking federal support to develop a "hub" that could capture all of the CO₂ emissions from refineries and industrial facilities along the Housto…
Oil&Gas Drilling
ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor
Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …
Oil Exploration
Exxon and Chevron CEOs Discussed Potential Merger
Talks were "preliminary" and are not ongoing, but could be rekindled later.
Oil&Gas Drilling
ExxonMobil Hits Another Dry Hole Offshore Guyana
ExxonMobil hit a dry hole for the second time in two months offshore Guyana.
Carbon Neutral
Exxon Reveals Full Scope of Fuel Emissions for First Time
Oil giant has come under pressure from activist investors.
Oil & Gas Trade
ExxonMobil and Vopak Sign MoU for South Africa’s LNG Feasibility
Affiliates of Exxon Mobil Corporation and Royal Vopak (Vopak) have signed a Memorandum of Understanding to work together on a feasibility study to assess the co…
Carbon Emissions
Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed
Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue busi…
Paris Climate Agreement
Oil Giant Exxon Commits to Emissions Reductions in Line with Paris Agreement
U.S. oil giant Exxon Mobil is setting short-term targets to reduce its greenhouse gas emissions over the next five years as the company responds to investor and…
Oil Field
ExxonMobil in Negotiations to Acquire Stake in India’s Oil and Gas Fields
US oil major ExxonMobil is reportedly in talks to acquire a stake in India’s producing oil and gas fields.
Oil Field
China Looks To Buy Stake In A Major Iraqi Oilfield
State giants China National Petroleum Corporation and China National Offshore Oil Corporation are interested in buying ExxonMobil’s entire operating stake in o…
LNG
ExxonMobil not to Set up LNG Terminal in Pakistan
ExxonMobil, the US-based multinational oil and gas corporation, has decided not to continue with its plans to set up an LNG terminal in Pakistan, as the company…
Deeper ExxonMobil Job Cuts Planned
ExxonMobil is planning to lay off more workers in response to the fall in global energy demand.
Oil Price
ConocoPhillips Becomes First Major U.S. Oil Firm To Pledge Emission Cuts
Unlike European oil majors – who have rushed to pledge various commitments to become net-zero energy companies – U.S. companies, including Exxon and Chevron, …
LNG
POSCO Targets LNG Storage Market by Teaming up with ExxonMobil
POSCO has joined hands with ExxonMobil to make a foray into the liquefied natural gas (LNG) storage and fuel tank market.
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