QatarEnergy enters Canada’s offshore in Exxon deal
QatarEnergy has struck a deal with ExxonMobil to take a stake in an exploration licence offshore Canada’s east coast.
ExxonMobil
ExxonMobil and partners make PNG LNG backfill investment
The ExxonMobil-led (NYSE:XOM) PNG LNG joint venture have taken a final investment decision on the Angore upstream development that will help backfill the export plant in Papua New Guinea (PNG).
ExxonMobil board debates dropping giant projects in Vietnam and Mozambique
ExxonMobil’s (NYSE:XOM) board of directors is debating whether to continue with several major oil and gas projects, that have high projected emissions profiles, as the supermajor reconsiders its investment strategy in a fast-changing energy landscape, the WSJ reported.
ExxonMobil planning CCS project at Cepu in Indonesia
ExxonMobil (NYSE:XOM) is planning a carbon capture utilisation and storage (CCUS) project at its giant Cepu block in East Java, said Dwi Soetjipto, the head of Indonesia’s upstream regulator SKK Migas.
‘Extremely disappointing’: Scottish Cluster misses out on first round of UK Government’s £1bn CCUS competition
A pioneering north-east carbon capture, utilisation and storage (CCUS) scheme will not form part of the UK Government’s initial vanguard.
ExxonMobil eyes huge CCS potential in Southeast Asia
ExxonMobil (NYSE:XOM), which set up a low-carbon solutions division in February, is focusing on building a carbon capture and storage (CCS) business in Asia. Significantly, ExxonMobil believes there is over 300 billion tonnes of storage capacity in Southeast Asia alone, Tracy Lothian, vice president marketing, finance & commercial development, low carbon solutions, at the US giant, said today.
ExxonMobil’s giant Cepu Block exceeds expectations in Indonesia
Production and reserves at ExxonMobil’s (NYSE:XOM) giant Cepu Block - rumoured to be a divestment candidate - have exceeded expectations, reported Indonesian upstream regulator SKK Migas.
PNG wants bigger share of ExxonMobil’s LNG project
The government of Papua New Guinea (PNG) is pushing for a bigger shareholding of the ExxonMobil-led PNG LNG export project. The latest move was triggered by the proposed merger of Santos (ASX:STO) and Oil Search (ASX:OSH), both of which hold stakes in PNG LNG.
Study to explore using Acorn to bag emissions from ExxonMobil’s Mossmorran site
US oil and gas giant ExxonMobil (NYSE: XOM – $61.62c) has upped its involvement in a key Aberdeenshire decarbonisation project.
Exxon, Shell in East African LNG race
ExxonMobil continues to hold out hope for its Rovuma LNG project, in Mozambique, while Shell has held talks with the Tanzanian government on another East African export plan.
Energy majors, including Chevron and ExxonMobil, team up to promote natural gas in Asia
Energy majors, including Chevron, ExxonMobil, JERA, JGC, Mitsubishi Heavy Industries, Santos and SK E&S, are banding together to help nations in Asia achieve lower carbon emissions by promoting natural gas. Together they have established an advocacy group called Asia Natural Gas and Energy Association (ANGEA) that will join with policymakers to find solutions to cut carbon emissions.
Jakarta beefs up defences in Natuna Sea after China meddles in Harbour Energy block
Jakarta is preparing to bolster its maritime security defences in the Natuna Sea, which is rich in fisheries and natural gas, after increasing incursions by Chinese vessels within Indonesia’s exclusive economic zone (EEZ). The news should provide some comfort to upstream oil and gas investors operating in the Natuna Sea.
ExxonMobil and Rosneft team up on carbon management
ExxonMobil (NYSE:XOM) and Rosneft (MCX:ROSN) have signed a memorandum of understanding to cooperate on the assessment of lower-carbon technologies to reduce greenhouse gas emissions from their operations.
ExxonMobil and PNG agree key terms for LNG expansion
ExxonMobil (NYSE: XOM) and Papua New Guinea (PNG) have agreed key terms for the P’nyang development that could expand the current PNG LNG export project.
BP starts oil production from Thunder Horse expansion project
Oil and gas giant BP has successfully started up production from its Thunder Horse South Expansion Phase 2 project.
Cyprus restarts drilling push with Exxon, Eni talks
Cypriot President Nikos Anastasiadis has held talks with ExxonMobil ahead of drilling planned for the end of the year.
Indonesia approves ExxonMobil drilling plan at giant Cepu Block
Indonesian upstream regulator SKK Migas has approved ExxonMobil’s plans to restart drilling at its giant Cepu Block in a bid to find new reserves and stem falling output at the country’s largest oil producing block.
US probes oil giants for misleading claims on climate
House Democrats are investigating the role oil and gas giants and their trade groups may have played in misleading the public on the role of fossil fuels in causing climate change.
Chevron CEO warns of high energy prices and supply crunches
The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron's top executive.
PNG scrutinises Santos-Oil Search merger
The government of Papua New Guinea (PNG) has raised concerns that Santos’ proposed $15.5 billion merger with Oil Search could harm national interests in the liquefied natural gas (LNG) exporting country.
Keppel delivers Guyana’s second FPSO
Singapore yard Keppel Offshore &Marine (Keppel O&M) has delivered a mega floating storage and offloading (FPSO) vessel dubbed Liza Unity to SBM Offshore that will process oil from the prolific Stabroaek Block offshore Guyana.
Exxon eyes Guyana growth with further discoveries
ExxonMobil has made a discovery at the Pinktail well, on Guyana’s offshore Stabroek Block.
Oil and gas majors told to prepare for ‘major production drop’ by 2030s
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
Bangladesh seeks contractor to build first onshore LNG terminal
The government of Bangladesh has shortlisted eight potential global companies, including ExxonMobil and TotalEnergies, as well as various Japanese players, to build the South Asian nation’s first onshore liquefied natural gas (LNG) import terminal. Significantly, the proposed 7.5 million tonne per year (t/y) LNG processing facility would double Bangladesh’s import capacity.
‘Collaboration not competition’ key to CCS, says industry expert
Collaboration rather than competition will “define the success” of carbon capture and storage (CCS) in the UK, an energy expert has predicted.