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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 …
ExxonMobil Hits Another Dry Hole Offshore Guyana
ExxonMobil hit a dry hole for the second time in two months offshore Guyana.
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…
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…
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.
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…
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.
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.
ExxonMobil to Cut European Workforce By 1600
Global energy company ExxonMobil has announced that it will reduce the number of its workers across its businesses in Europe.
Noble Corporation Scores Rig Extension Deal with ExxonMobil
Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil.
ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s
Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.
ExxonMobil Discovers New Material to Enhance Carbon Capture Technology
Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material.
Total, Exxon Demobilize PNG LNG Expansion Workers Due to COVID-19
Oil and gas companies Total and ExxonMobil have idled workers at the troubled Papua New Guinea LNG expansion project due to the COVID-19 pandemic, project partn…
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend…