Highlights ExxonMobil wins part of Qatar LNG expansion Kuwait can increase oil output: KPC CEO Underinvestment causing high prices: Qatar’s Kaabi Oil and gas markets may be tight for another Continue Reading
‘We’re going to make sure that everybody knows Exxon’s profits’. ExxonMobil made more money than God this year. That’s what U.S. President Joe Biden said on June 10 in White Continue Reading
The transaction is expected to close in the second quarter of this year. ExxonMobil has announced that it has signed an agreement with subsidiaries of BKV Corporation for the sale Continue Reading
ExxonMobil continuing efforts to exit project Russian crude trading at significant discounts ExxonMobil’s Russian subsidiary Exxon Neftegas has declared force majeure for its Sakhalin 1 project, a spokesperson told S&P Continue Reading
U.S. supermajor ExxonMobil, which joined other international majors in announcing withdrawal from Russian oil and gas projects, plans to shut down all its businesses in Russia by June 24, Reuters Continue Reading
Brazil is looking to fill part of the supply gap caused by sanctions on Russia over its invasion of Ukraine. Despite a miss on Exxon’s recent exploration push, Brazil’s oil Continue Reading
Exxon Mobil Corp (XOM.N) on Friday received approval to begin work on its fourth offshore oil project in Guyana from the South American country’s Environmental Protection Agency. The permit will Continue Reading
A bank used by Exxon Mobil Corp. to pay the salaries and pensions of its workforce in Russia was among those sanctioned by the White House, according to two people Continue Reading
Launching Baytown carbon capture, hydrogen project Proceeding with Gulf Coast Permian processing project ExxonMobil sees production volumes from the Permian Basin and offshore Guyana potentially combining for close to 2 Continue Reading
Exxon Mobil Corp. (XOM.N) on Tuesday said it plans a hydrogen production plant and a carbon capture and storage (CCS) project at its Baytown refinery near Houston, Texas, an effort Continue Reading
