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NEWS |
Exxon, Chevron slam brakes on shale as oil demand tumbles
Exxon Mobil Corp and Chevron Corp are slamming the brakes on U.S. shale oil production at a time when crude prices and fuel demand have plunged due to global lockdowns to fight the coronavirus pandemi (...)
NEWS |
Exclusive: Exxon steps up assets sales with sweeping $25 bln plan -sources
Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion (£19 billion) of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handf (...)
NEWS |
Exxon puts $15 billion of global assets up for sale
Exxon Mobil Corp. is again trying to sell its oil and gas operations in southeast Australia as part of a move to shed assets and boost shareholder returns.
NEWS |
Exxon Agrees To $4 Billion Sale Of 20 Oil And Gas Assets In Norway
Exxon has agreed to sell off its oil and gas assets in Norway in a $4 billion deal, Reuters sources familiar with the matter said on Thursday, in what will mark an end to its long presence in Norway’s (...)
NEWS |
Exxon says production shut at Hibernia oil platform after power outage
Exxon Mobil Corp on Monday said production at its Hibernia oil platform in Canada was shut down after a temporary loss of power on Saturday.
NEWS |
Exxon says Canada's Hibernia oil platform resumes production
Exxon Mobil Corp said production has resumed at Canada's Hibernia oil platform on Thursday after a spill in mid-July.
NEWS |
Exxon eyes UK North Sea exit after 50-year presence - sources
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
NEWS |
Negotiations with Exxon for Basra mega-project still on, says Iraqi oil ministry
Iraq is not ruling out US oil major Exxon Mobil from participating in a $53 billion (Dh194bn) 30-year mega project to develop the country’s southern energy infrastructure, the oil ministry said on Sat (...)
NEWS |
Exxon, Chevron move to dominate Permian as smaller players pull back
Exxon Mobil and Chevron are keeping their promises to dominate the Permian Basin, rapidly ramping up production as smaller companies contend with declining drilling activity, muted oil prices and a sk (...)
NEWS |
Guyana investigating offshore leases controlled by Exxon, Tullow
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil and Tullow Oil.
NEWS |
Exxon Mobil Evacuates Foreign Staff from Iraq’s West Qurna Oilfield
Exxon Mobil has evacuated all of its foreign staff from Iraq's West Qurna 1 oilfield and is flying them out to Dubai, three sources told Reuters on Saturday.
NEWS |
ExxonMobil signs deal to explore 28,000 sq km in offshore Namibia
ExxonMobil has signed a deal for new oil and gas exploration across 28,000 square kilometres in Namibia.
NEWS |
Exxon, Chevron first-quarter earnings expected to dip from last year
Exxon Mobil and Chevron are expected to report lower quarterly earnings per share when compared with last year’s first quarter, though their stocks have outperformed smaller companies with both in the (...)
NEWS |
ExxonMobil agrees 20-year LNG deal with China's Zhejiang Energy
Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as the U.S. oil and gas giant steps up marketing of the fuel in China, the wor (...)
NEWS |
Exxon Mobil, Hess announce 13th Guyana discovery
Exxon Mobil said Thursday it made its 13th oil discovery offshore of Guyana, increasing its rapidly rising tally of finds near the tiny South American nation.
NEWS |
UPDATE 2-Exxon Mobil finds Cyprus's largest gas discovery to date
Exxon Mobil Corp has discovered natural gas off the coast of Cyprus, a find authorities said was the biggest off the Mediterranean island since it started drilling for gas in 2011.
NEWS |
Will 2019 Bring the Long-Awaited Consolidation Among U.S. Shale Producers?
The biggest North American oil and gas story of the new year is the story of oil and gas itself. Commodity prices, of course, always dictate industry actions, but the latter half of 2018 and the first (...)
NEWS |
Equinor Wins 29 Licenses in NCS, Finds Gas in Ragnfrid North
Equinor ASA recently won 29 licenses for exploration in mature regions of the Norwegian Continental Shelf (NCS).
NEWS |
Adnoc among top 10 oil and gas firms worldwide, new ranking finds
State-owned Abu Dhabi National Oil Company is among the top 10 most influential companies and organisations in the energy sector, a new ranking from research and intelligence firm GlobalData found.
NEWS |
Ghana's First Oil Exploration Licensing Round Attracts Global Majors
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.
NEWS |
New oil, gas projects to accelerate next year - report
The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a (...)
NEWS |
Imperial braves Canadian price slump with new $2.6-billion oilsands project
Imperial Oil Ltd. is going ahead with its $2.6 billion Aspen oilsands project even as Canadian heavy crude is selling at the lowest prices in at least a decade.
NEWS |
U.S. energy operations begin recovering after Storm Gordon
Energy companies and port operators along the U.S. Gulf Coast took steps on Wednesday to resume operations after Tropical Storm Gordon shut more than 9 percent of the region’s oil and gas output.
NEWS |
Exxon drills deep for Australian natural gas
A subsidiary of Exxon Mobil said it's started the search for new sources of natural gas by drilling two new wells off the coast of Australia.
NEWS |
ExxonMobil set to receive drilling licences within days
The consortium Exxon Mobil-Qatar Petroleum is expected to receive the necessary offshore drilling licences in the coming days, reports said on Saturday.
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