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NEWS |
Eni acquires rights in three new exploration licenses in Mozambique
Italian oil and gas company Eni announced that its subsidiary Eni Mozambico, has acquired rights to explore and develop offshore blocks A5-B, Z5-C and Z5-D, located in the deep waters of Angoche and Z (...)
NEWS |
Central Scotland firm appointed to ExxonMobil jetty life extension project
A West Lothian firm has been awarded a major contract that will help extend the life of the ExxonMobil jetty facility at Braefoot Bay Marine Terminal in Fife.
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's Gulf of Mexico sale draws interest from Repsol, Ineos
ExxonMobil Corp. has drawn interest from Repsol SA and closely held U.K. petrochemical company Ineos Group Holdings in a package of oil fields it's selling in the Gulf of Mexico, according to people f (...)
NEWS |
Chevron’s $33 Billion Deal for Anadarko Sets Up More Shale Mergers, Expands Gulf Drilling
Chevron agreed to buy Anadarko, one of the largest independent producers in the U.S., in a cash-and-stock deal valued at $33 billion.
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 |
Chevron and Exxon Say They Can Turn Around the Failed Finances of Fracking Industry
The oil majors — a group of multinational companies that typically have divisions throughout the oil supply chain — now are investing heavily in fracked oil and gas operations.
NEWS |
Argentina offshore round attracts US$1bn in bids
Some 18 of the 38 areas offered in Argentina's first ever offshore round launched in November received bids to conduct exploration by 13 companies for total investments of US$995mn.
NEWS |
Saudi Aramco lifts the lid
Thee national oil company of Saudi Arabia and largest oil company in the world, Saudi Aramco produces around 13 percent of the world’s oil, but its business operations have been notoriously opaque for (...)
NEWS |
ExxonMobil expects earnings to jump 140% by 2025
Oil supermajor ExxonMobil said Wednesday it expects annual earnings potential to increase by more than 140% by 2025 from 2017 adjusted earnings, assuming $60 a barrel oil, and based on 2017 margins.
NEWS |
Exxon to boost its top US shale oilfield output five fold
Oil major says Permian Basin production will rise to 1 million barrels of oil and gas per day as early as 2024 - from 600,000 by 2025 estimated previously
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 |
Turkish Ships To Start Drilling For Oil, Gas Offshore North Cyprus
Turkish exploration ships will soon start drilling for oil and gas offshore the northern part of Cyprus.
NEWS |
ExxonMobil makes two more discoveries in Guyana’s Stabroek Block
ExxonMobil and Hess have made two more discoveries in the Stabroek Block following the drilling of the Tilapia and Haimara prospects in the southeastern part of the offshore Guyanese block.
NEWS |
Majors eyeing lucrative plays outside the Gulf of Mexico
ExxonMobil isn’t alone among majors in turning its gaze from the US Gulf of Mexico to significant deep-water and onshore shale opportunities elsewhere
NEWS |
Quantum computing comes to energy with ExxonMobil IBM partnership
ExxonMobil has become the first energy company to join IBM to work on using quantum computing in its energy and manufacturing technologies.
NEWS |
Drilling of Kekra-1 well in deep sea: Oil and gas field to be developed with Rs41 bn investment
The four exploration and production companies’ joint venture headed by Italian company ENI that has started spudding Kekra-1 well in Indus G Block in Pakistan’s deep sea, if meets the success, will ca (...)
NEWS |
ExxonMobil starts drilling of exploration well Haimara-1 in Guyana
ExxonMobil has started drilling the Haimara-1 exploration well located 31km east of the Pluma-1 discovery in the south-east Stabroek Block, offshore Guyana.
NEWS |
Watch: Inside one of the world’s largest oil platforms
Suncor Energy has shared footage of the inner workings of the giant ExxonMobile-operated structure.
NEWS |
Mozambique's Area 4 partners secure buyers for Rovuma LNG project: ExxonMobil
Singapore — Oil major ExxonMobil says its project partners in Mozambique's Area 4 concession have secured LNG offtake commitments for the Rovuma LNG project, paving the way for a final investment deci (...)
NEWS |
BP launches $3B sale of U.S. assets to fund BHP deal
UK oil supermajor BP Plc has initiated the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other U.S. assets it bought in October from BHP, industry and b (...)
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