Have a look inside one of the world’s largest offshore oil platforms, the Hebron. Suncor Energy has shared footage of the inner workings of the giant ExxonMobile-operated structure. Located off the coast of Newfoundland and Labrador, the Hebron project is shared by Exxon, Chevron, Suncor Energy, Equinor and Nalcor Energy.
Exxon Mobil and Hess Corp. said Monday they've increased their reserve estimates offshore of Guyana by 25 percent after making a 10th discovery in the region.
Chevron Corp. and Exxon Mobil Corp. are among the companies considering first-round bids this month for closely held oil producer Endeavor Energy Resources LP, according to people with knowledge of the matter.
Almost two years after Exxon Mobil Corp. removed billions of barrels of oil-sands crude from its reserves, its Imperial Oil Ltd. unit is investing again, saying low Canadian crude prices that scared off the other majors make it a perfect time to build.
Oil companies saw soaring profits during the third quarter as they emerge worst-in-a-generation crude slump. The main takeaway is that while results are mostly above or in line with expectations, it’s getting harder to impress investors, even with large buybacks.
By James Osborne and Jordan Blum for the Houston Chronicle
The New York Attorney General filed a lawsuit against Exxon Mobil, claiming the Texas-based oil giant had misled investors about its readiness to tackle the financial challenges climate change posed to their business.
Oil field services giant TechnipFMC has been awarded a contract by ExxonMobil for the engineering of the subsea system for the proposed Liza Phase 2 project off Guyana.
Russia has started discussions with Exxon Mobil Corp. over possible new oil and gas projects, potentially creating a dilemma as the U.S. government mulls more sanctions against the country.
An Australian trade unionist and safety representative currently locked in a David vs. Goliath battle with an oil giant has warned that his country is “on the cusp” of a disaster similar to Piper Alpha.
Exxon Mobil has completed a nearly $500 million refining expansion at its Beaumont campus with plans for much more oil refining and plastics growth to come at the complex.
Big U.S. oil companies like Exxon Mobil Corp. and Chevron Corp., which have lagged their European rivals in venturing into renewable energy, are likely to increasingly make room for cleaner energy in their portfolios, said Goldman Sachs Group Inc.
Exxon Mobil Corp., the U.S. energy behemoth, signed deals to move ahead on a proposed multibillion-dollar petrochemical project and a gas import terminal in southern China, contrasting with trade tensions between the two nations that may escalate this week.