Exxon, Oil Search team up for Papua New Guinea deepwater licenses
ExxonMobil and Oil Search has taken stakes in a pair of deepwater licenses offshore Papua New Guinea.
ExxonMobil and Oil Search has taken stakes in a pair of deepwater licenses offshore Papua New Guinea.
When it comes to natural gas, Exxon Mobil Corp. believes in playing the long game.
Downstream can be the lynchpin to recovery, it was today said.
ExxonMobil is looking to agree sales contracts for spot cargoes to soak up excess production from its liquefied natural gas project in Papua New Guinea, a news report said.
Italian energy firm Eni is in talks with four companies over the sale of 20% of its Zohr gas field in Egypt, a news report said, citing unidentified banking sources.
US energy giant ExxonMobil yesterday revealed a 59% drop in second quarter earnings, blaming low crude prices and weak returns from refining. ExxonMobil, which has an interest in about 40 producing North Sea oil and gas fields, said its global upstream earnings slumped 82% year-on-year to $294million (£223million) during the three months. Downstream earnings came to £625million, down £516million from the second quarter of 2015.
Exxon Mobil Corp. agreed to acquire natural gas explorer InterOil Corp. for as much as $3.6 billion to add discoveries in Papua New Guinea that will feed the buyer’s existing export plant.
Total is said to be unlikely to take on ExxonMobil in a bidding war for explorer Interoil.
Militant group the Niger Delta Avengers (NDA) has vowed to start attacking personnel as it continues its fight for oil assets in the West African country.
The Niger Delta Avengers (BDA) have threatened to target ExxonMobil's staff if it tries to repair its Que Iboe 48-inch Crude Oil Export Pipeline in Akwa Ibom.
ExxonMobil has been given consent to start-up a subsea facility for a production well on the Balder field.
Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural-gas discoveries in a generation, according to four people with knowledge of their plans.
ExxonMobil has been given consent to use a new subsea well on the Balder field in the Norwegian North Sea.
ExxonMobil has confirmed a 'significant' oil find offshore Guyana.
The Norwegian Petroleum Safety Authority (PSA) has found a number of improvement points and non-conformities after carrying out an audit on ExxonMobil’s management of cranes and lifting operations.
All Exxon Mobil Corp. had to do was run its Los Angeles-area refinery for 15 days before handing the keys to new owner PBF Energy Inc.
Investigators were called in after a "suspicious package" was found at an ExxonMobil refinery in the US.
ExxonMobil could be facing fines running to millions of dollars after federal appeals judges sided with environmental groups over pollution from its refinery in Baytown, in Texas.
Big Oil is suddenly Big Chemical.
Norway’s $870 billion sovereign wealth fund will back proposals to force Exxon Mobil Corp. and Chevron Corp., two of the biggest oil companies, to assess how climate-change policies can affect their business.
Exxon Mobil reported a higher-than-expected first-quarter profit by cutting costs to combat the plummeting oil price.
Chevron reported a loss that was double analysts’ estimates amid an oil-market collapse that’s sparked currency crises, corporate bankruptcies, credit downgrades and hundreds of thousands of layoffs across the industry.
ExxonMobil and Mitsubishi Heavy Industries (MHI) have formed a partnership to develop and explore new applications for their latest H-100 gas turbines as well as develop compressor technologies to reduce liquefied natural gas (LNG) unit costs.
Massachusetts became the latest state investigating whether Exxon Mobil Corp. misled investors and the public about how climate change may affect its business.
US oil giant ExxonMobil is facing fresh probes into whether it misled investors and the public about the risks to its business from climate change.