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NEWS |
Four major MoUs signed by Indian, US oil and gas companies to strengthen clean energy partnership
The MoUs, which are precisely between oil & gas companies of India and the US, were inked on Tuesday by the Minister of Oil and Natural Gas Hardeep Singh Puri during a round table in Houston with seni (...)
NEWS |
NNPC Blocks Exxon Mobil’s Asset Sale To Seplat
The Exxon Mobil Corporation has been blocked from selling its assets in Nigeria to Seplat Energy Plc, following a case filed by the Nigerian National Petroleum Company Limited.
NEWS |
Exxon and Total Poised to Win Stakes in Giant Qatari Gas Project
Exxon Mobil Corp. and TotalEnergies SE are among a group of Western energy companies poised to win stakes in a multi-billion dollar project to boost Qatar’s gas exports, people with knowledge of the m (...)
NEWS |
Exxon Mobil's Recovery Still Has Ways To Go
Less than 2 years after trading at unprecedented prices, crude oil is running on the other side of the boat – reaching the highs unseen since 2008. Unsurprisingly, both events had an external catalyst (...)
NEWS |
Exxon to shut down oil production in Russia after Ukraine attack
Exxon Mobil Corp. said it is halting operations at a multibillion-dollar oil and gas project in Russia and will make no further investments in the country following its attack on Ukraine.
NEWS |
EXCLUSIVE Brazil has oil. Exxon can't seem to find it
Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future.
NEWS |
Exxon Mobil comes up dry again offshore Guyana
Following two previous dry wells, energy major ExxonMobil has also failed to find commercial hydrocarbons in its third well located on the Canje Block, offshore Guyana.
NEWS |
Exxon Sees $700MM Windfall from Gas Rally
Exxon Mobil Corp. said higher global natural gas prices will increase third-quarter profit by about $700 million, a sum that should help the oil giant reduce its debt pile.
NEWS |
Exxon Mobil discloses another oil discovery offshore Guyana
U.S. oil major Exxon Mobil Corp said on Thursday it had made a discovery at Pinktail in the Stabroek Block offshore Guyana, as it develops a major new oil and gas find.
NEWS |
ExxonMobil makes new discovery off Guyana's coast
Exxon Mobil Corp has made a new discovery at Whiptail in the Stabroek Block offshore Guyana, the U.S. oil major said on Wednesday, as it develops one of the world's most important new oil and gas bloc (...)
NEWS |
Exxon Mobil signs MOU to participate in Scotland's Acorn CCS project
Exxon Mobil has signed a memorandum of understanding to participate in a carbon capture and storage (CCS) project in Scotland, the U.S. oil and gas producer said on Friday.
NEWS |
Exxon Earns $2.7B in First Quarter
Exxon Mobil Corporation has announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution.
NEWS |
Exxon Mobil, Chevron Take Cautious Approach to US Shale Recovery
Exxon Mobil Corp. and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a year ago the two companies were dominating in the high-desert landscape.
NEWS |
Schlumberger won a $480 million deal to drill 96 oil wells in Iraq
Iraq'i government announced that the world's largest oil services company Schlumberger won a $480 million deal to drill 96 oil wells in southern Iraq for the country's Basra Oil Co. and Exxon Mobil.
NEWS |
Exxon Mobil to Cut Jobs in Singapore as Big Oil Retrenches
Exxon Mobil Corp. expects to cut about 300 jobs in the Asian oil-trading hub of Singapore by the end of 2021, part of a global retrenchment that was announced last year.
NEWS |
Exxon Mobil to sell its UK upstream business for more than $1 billion
Exxon Mobil plans to sell its stake in the oil fields of the United Kingdom and the northern North Sea for more than $1 billion as the nation’s largest oil company continues to streamline its portfoli (...)
NEWS |
Exxon is slashing workers and cutting costs after a historic year of loss. Here's everything we know.
Exxon Mobil, the nation's largest oil company, suffered a historic blow in 2020.....
NEWS |
Exxon Mobil fails to encounter oil at Hassa-1 exploration well
Exxon Mobil has reportedly failed to find hydrocarbon resources following drilling at the Hassa-1 exploration well in the Stabroek block offshore Guyana.
NEWS |
Exxon tries to put the worst behind it with $20b writedown
Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by US$17 billion to $20 billion, its biggest ever impairment, and slash project spending next year to its lowest (...)
NEWS |
Exxon Mobil’s fading star: no longer the biggest U.S. energy company
Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the largest energy name, having been surpassed by rivals and even a renewable co (...)
NEWS |
Exxon to Cut 14,000 Jobs, 15% of Staff, to Defend Its Dividend
Exxon Mobil Corp. will slash its global workforce by 15% over the next two years, an unprecedented culling by North America’s biggest oil explorer as it struggles to preserve dividends.
NEWS |
Exxon CEO reveals layoffs as low oil prices drive “tough decisions”
Exxon Mobil Corp. plans to lay off an unspecified number of employees as low oil prices force the company to delay major projects, Chief Executive Officer Darren Woods said in an email to staff.
NEWS |
Part of the U.S. burns, part floods, as Exxon Mobil doubles down on fossil fuels
America’s biggest oil company is in big trouble, and its struggle reflects a widening gap in the U.S. oil patch over how quickly the country will shift from fossil fuels to renewables.
NEWS |
Bids for Exxon UK's oil and gas fields due on October 28- sources
Bids for a portfolio of Exxon Mobil's British North Sea oil and gas fields, which is expected to fetch around $1 billion following this year's oil price weakness, are due on Oct. 28, two sources with (...)
NEWS |
Exxon Loses World No 2 Energy Firm Title
Reliance Industries Ltd. toppled Exxon Mobil Corp. to become the world’s largest energy company after Saudi Aramco, as investors piled into the conglomerate lured by the Indian firm’s digital and reta (...)
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