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Exxon mobil
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…
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…
Natural Gas
Exxon, BHP to Invest $291 Million to Expand Gas Output off Australia
Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper field off southeast Aust…
Texas Oil Refinery Workers Ratify Exxon Contract Offer, Ending Lockout
Union workers locked out of their jobs at a Texas oil refinery for nearly 10 months voted on Monday by a nearly two-thirds margin to accept an Exxon Mobil Corp …
Oil Shale
Exclusive: Exxon Launches Sale of Shale Gas Properties in Texas
Exxon Mobil on Monday launched a sale of its oil and gas properties in the first major U.S. shale field, a spokesperson confirmed, as part of a portfolio reshuf…
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…
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…
EV Market
Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
Nothing slows down Tesla on its rise. Last Thursday, the action of the firm reached the symbolic mark of 2,000 dollars
Oil Shale
Exxon, Chevron Slam Brakes on Shale as Oil Demand Tumbles
Exxon Mobil Corp and Chevron Corp are slamming the brakes on U.S. shale oil production at a time when crude prices and fuel demand have plunged due to global …
LNG
Exxon and Papua New Guinea should Return to LNG Negotiating Table
Exxon Mobil Corp and the Papua New Guinea government must return to the negotiating table so that a $13 billion expansion of gas production can proceed, the hea…
Oil & Gas Trade
PNG Government Walks Away from Gas Talks with Exxon
According to Reuters, the government of Papua New Guinea (PNG) has ended talks with Exxon Mobil Corp. regarding a key gas project, putting plans to double gas e…
Oil&Gas Drilling
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
Exxon Mobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks afte…
Crude
Guyana celebrates first oil
THE Yannis P, a Marshall Islands-registered crude oil tanker will this weekend lift the first one million barrels of crude from the Stabroek Block offshore Guya…
Exxon Well Blast Caused Huge Methane Leak in Ohio
An Exxon Mobil Corp. natural gas well in Ohio released more methane into the atmosphere during a blowout in 2018 than some countries do in a year, according to …
28 Years Ago, Big Oil Predicted Carbon Tax was Necessary to Stop Global Warming
As far back as 1991, the Canadian arm of Exxon Mobil Corp.’s empire anticipated that a high tax on carbon emissions would be necessary to maintain a stable cli…
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