Viaro Energy in talks to buy Exxon, Shell North Sea assets
Independent energy producer Viaro Energy is reportedly nearing a deal to buy Shell and ExxonMobil’s jointly-owned gas fields in the southern North Sea.
ExxonMobil
Exxon investor sued for climate proposal promises to back off
The ExxonMobil investor that the oil giant is suing for its climate-related shareholder proposal is promising not to file similar motions in the future in a bid to get the legal action dropped.
Calpers opposes all Exxon directors amid shareholder dispute
Calpers, the largest state public pension fund in the US, will vote against all Exxon Mobil Corp. (NYSE:XOM) directors, saying the oil giant is undermining shareholder rights.
Kazakhstan’s compensation claims against Kashagan oil firms jump to $150 billion
Companies including Eni, Shell, ExxonMobil and TotalEnergies invested close to $55 billion to develop Kashagan
Saipem lands Exxon Guyana deal worth up to $1.5bn
Saipem (BIT: SPM) has landed a contract worth up to $1.5 billion with Exxon Mobil for work on its newly-sanctioned Whiptail project off Guyana.
World’s oil and gas firms linked to 40% of CO2 emissions since 2016
A new report has revealed the world's oil and gas firms have contributed to more than 40% of global carbon dioxide (CO2) emissions since the Paris climate agreements.
Exxon plays hardball with Chevron to hoard Guyana’s oil riches
It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion.
Big Oil pay packets still push execs to boost fossil fuel production – report
A new report suggests Big Oil continues to link executive pay to increased fossil fuel production, even if this conflicts with energy transition targets and climate policies.
UK warns of security situation in Guyana
The president has given companies operating in Essequibo three months to withdraw. ExxonMobil's Stabroek block is at least partly within the Essequibo marine territory.
Saipem wins deepwater pipe work in Guyana, Brazil
The company said it would carry out work with its FDS2, Constellation and Castorone vessels. It will carry out work from its Port of Georgetown base.
Majors start talks to settle $5bn Kashagan sulphur fine
If agreed, the settlement would help to open the way for an expansion of the Kashagan oil development, including construction of new gas-processing plants needed by the government, the people said.
Indonesia stacks up low-carbon deals in visit to US
The president went on to invite Exxon to invest in renewable energy and infrastructure, including for the new planned capital, Nusantara.
Exxon starts up third Guyana FPSO, on track to double production
“Each new project supports economic development and access to resources that will benefit Guyanese communities while also helping to meet the world’s energy demand.”
Exxon aims to become a leading lithium supplier for EVs by 2030
Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades.
Petronas scores oil discovery offshore Suriname
Vice president of exploration Mohd Redhani Abdul Rahman said the success would “drive further exploration for commercially viable hydrocarbon resources in the surrounding areas”.
Guyana seeks gas investors to unlock additional liquids
These low-liquid yield finds trap a “large proportion” of the discovered oil. These resources “will not be able to be developed and monetised unless infrastructure solutions for the evacuation of gas are put in place in tandem with the associated gas that is being recycled today in the current production operations”.
Seplat sees ANOH, Exxon deal delayed
The company said ANOH had faced challenges in the “security situation, poor weather, and contractor performance”.
Exxon, Chevron dust off West Africa plans
Equatorial Guinea Vice President Teodoro Nguema Obiang Mangue said state-backed Gepetrol was on the way to increasing its operational capacity.
Guyana hits another “significant discovery” at Stabroek
Lancetfish-2 found around 20 metres of net oil pay in a new interval, the government said.
Conoco among many considering shale patch M&A
Conoco is not alone in its pursuit of CrownRock, though.
Amazon, Exxon hydrogen hubs to get slice of $7bn US funds
In addition, the Biden administration has announced plans to award $1 billion to stimulate demand for hydrogen to provide “market certainty” and ensure demand.
Exxon awards Whiptail FEED to SBM
The builder said the FEED contract would provide an initial release of funds and would also commit a Fast4Ward hull for Whiptail.
Exxon to buy Pioneer for $60bn to dominate shale oil
The deal is apt to face tough antitrust scrutiny from the Federal Trade Commission.
Exxon in Talks to Pay More Than $250 a Share for Pioneer
Exxon Mobil Corp. is close to a $58 billion deal to buy Pioneer Natural Resources Co., underpinning a bet that oil and gas will remain central to the world’s energy mix for decades no matter what path nations take toward a lower-carbon future.
Exxon’s shale boss in Texas jail on sexual assault charge
Exxon Mobil’s head of shale remained in a Texas jail Sunday after he was arrested for sexual assault at a hotel near Houston last week, police said.