Exxon Mobil Corporation Company News
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ExxonMobil's Wood Says Size Doesn't Matter in M&A Deals
Tuesday, November 06, 2018 The world's biggest public energy company doesn't worry about size when it comes to potential deal-making.
ExxonMobil and Chevron Report Strongest 3Q Results in 4 Years
Friday, November 02, 2018 ExxonMobil and Chevron deliver their strongest third-quarter results in four years, capping a week in which Big Oil enjoyed profits not seen since the days of $100 crude.
New Antwerp Delayed Coker to Support IMO Compliance
Wednesday, October 31, 2018 ExxonMobil has started operations of a new 50,000-bpd delayed coker unit at its 320,000-bpd Antwerp refinery in Belgium.
Why Majors Will Take a Bigger Role in US Shale
Monday, October 29, 2018 As plays mature, expect major oil companies to play a growing and critical role in its future development.
NY Sues ExxonMobil on Climate Change
Wednesday, October 24, 2018 Lawyers for ExxonMobil stood before a New York judge in August and told the state's attorney general to 'put up or shut up.'
Ex-Schlumberger Chief to Acquire Biggest Shale Pipe Servicer
Friday, October 19, 2018 Sentinel plans to acquire Strike LLC and take the dominant US pipeline services company public.
Exxon Exploration Chief Eyes Africa for Next Elephant Oil Find
Thursday, October 18, 2018 ExxonMobil is targeting western and southern Africa for the world's next big oil bonanza.
Tight Oil, Shale to Drive Majors' Output to New Highs
Tuesday, October 16, 2018 By the middle of the next decade, US unconventionals will generate up to $20 billion of annual cash flow for the Lower 48.
Oil Majors Offload Gulf of Mexico Fields to Hunt Bigger Finds
Friday, October 12, 2018 Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it's home runs or bust.
Offshore Guyana Pipe Coating Contracts Go to Shawcor
Friday, October 05, 2018 Shawcor to provide thermal insulation and anticorrosion pipe coating services.
ExxonMobil Cranks Up New Unit in Beaumont
Thursday, September 27, 2018 ExxonMobil adds fuels production in Beaumont.
Offshore Namibia Dud Dims Outlook for New Play
Monday, September 24, 2018 Tullow Oil Plc said an exploration well off Namibia was a dud, damping enthusiasm over a frontier area that's attracted renewed interest amid oil's recovery.
Exxon, Chevron and Occidental Join Oil and Gas Climate Group
Thursday, September 20, 2018 Supermajors Exxon and Chevron along with Occidental Petroleum are the latest three companies to join group committed to addressing climate change.
The $20B Race to Eclipse Norway's Elite Oil Producers
Thursday, September 13, 2018 The race is on to become Norway's biggest non-state oil company.
Exxon Eyes Upgrading UK Refinery For More Than $650MM
Tuesday, September 11, 2018 ExxonMobil is planning to spend more than $650 million to upgrade the UK's largest oil refinery.
Permian Auction Doubles 2008 Record with near Billion-Dollar Sale
Friday, September 07, 2018 The price to access unexplored shale assets on the New Mexico side of the Permian Basin soared to $95,001 an acre in a federal government auction.
ExxonMobil May Build World-Scale Cracker in Pearl River Delta
Thursday, September 06, 2018 ExxonMobil's decision to proceed hinges on the receipt of permits, project competitiveness and other factors.
US Energy Operations Begin Recovering After Tropical Storm Gordon
Wednesday, September 05, 2018 Energy companies and port operators along the US Gulf Coast took steps to resume operations after Tropical Storm Gordon.
ExxonMobil Says Blockade Threatens Production At Nigeria Oil Facilities
Tuesday, September 04, 2018 ExxonMobil says that a blockade by former employees threatens crude production at oil facilities in Nigeria.
Guyana Can Become Richest Corner of the Continent
Friday, August 31, 2018 Analysis from WoodMac says ExxonMobil's latest discovery offshore Guyana will help the country create the greatest value of any offshore basin.
Hammerhead-1 Strikes Offshore Guyana
Thursday, August 30, 2018 The hits keep on coming offshore Guyana, where ExxonMobil, Hess and CNOOC's Nexen unit have made their ninth discovery.
Big Oil's Exit Turns into Revival for Norway
Monday, August 27, 2018 The turnaround shows how the changing make-up of Norway's oil industry is putting assets in the hands of new companies willing to invest billions of dollars.
ExxonMobil Seeking to Buy Renewable Energy for Delivery in Texas
Monday, August 27, 2018 ExxonMobil has been looking to buy renewable energy for delivery in Texas, according to people familiar with the matter.
ExxonMobil Starts Deepwater Drilling Off Southeastern Australian Coast
Monday, August 27, 2018 ExxonMobil says it has commenced offshore exploration drilling off Australia's southeast coast.
BLOG: The Good Deeds of Oil, Gas
Thursday, August 09, 2018 Rigzone celebrates some recent good deeds of oil, gas companies.
ExxonMobil Offers Aug-Sept Cargo from Australia's Gorgon LNG
Tuesday, August 07, 2018 ExxonMobil Corp has offered to sell a liquefied natural gas (LNG) cargo from the 15.6-million-tonnes-a-year Gorgon LNG plant in Australia for August to September delivery.
Feds Drop Obama-era ExxonMobil Probe
Friday, August 03, 2018
Exec Sees UKCS Jump with Shell Penguins Contract
Thursday, August 02, 2018 DNV GL will support Shell and ExxonMobil's redevelopment of the Penguins field.
ExxonMobil, Chevron Earnings Miss Wall St Expectations
Friday, July 27, 2018 ExxonMobil and Chevron posted quarterly results far short of Wall Street's expectations.
ExxonMobil Adds 'Notch' with Baytown Cracker
Thursday, July 26, 2018 ExxonMobil has officially begun production at its new ethane cracker in Baytown, Texas, the company reported.
Offshore Guyana Block Could Require Five FPSOs
Monday, July 23, 2018 The estimated recoverable resources for the Stabroek Block offshore Guyana has risen by at least 25%.
Oil Majors Quizzed on Near-Term Permian Hiring Plans
Monday, July 23, 2018 Rigzone asks several oil and gas majors about their hiring plans in the Permian Basin in the near future.
Exxon Beefs Up Mozambique LNG Project to Cut Costs Ahead of Bank Talks
Thursday, July 12, 2018 The U.S. oil giant aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north.
Iraqis Protest at Oilfields to Call for Jobs and Basic Services
Thursday, July 12, 2018 The unrest did not impact production at West Qurna 2 or the other two fields, West Qurna 1 and Rumaila, two oil officials said.
Oil CEOs Are Making Their Case Against Being Sued Over Climate
Thursday, July 05, 2018 Leaders of the world's largest oil companies want everyone to know it won't do anyone any good to make them pay for the damages of climate change.
An Emerging Shale Oil Producer Is Courting Majors
Thursday, June 28, 2018 Algeria looks to attract more foreign investment to help it tap its rich shale reserves.
Chevron, Exxon CEOs Worry Global Trade Conflict Could Harm Economy
Tuesday, June 26, 2018 Chevron, ExxonMobil and other major oil and natural gas producers are concerned that Trump's actions could imperil relations with some of their largest customers.
Big Oil's Fate Hinges on Global Gas
Monday, June 25, 2018 Big Oil's fortunes are becoming tied more closely to natural gas than ever before.
ExxonMobil Makes Oil Discovery Offshore Guyana
Thursday, June 21, 2018 The latest discovery reaffirms the Stabroek block's excellent exploration potential, says WoodMac.
Mozambique Says 2015 Exploration Contracts Almost Ready
Wednesday, June 20, 2018 Mozambique's oil and gas regulator says exploration contracts from 2015 are close to being finalized.
Iraq, Exxon Talks On Water Treatment Project End-BOC Director General
Wednesday, June 20, 2018 Iraq is no longer in talks with Exxon Mobil Corp for the oil major to build a giant water treatment facility.
ExxonMobil Considers Importing LNG To Australia
Monday, June 18, 2018 ExxonMobil is considering importing LNG.
Exxon Starts Drilling At Offshore Guyana Projects
Tuesday, June 12, 2018 ExxonMobil says it started development drilling in three offshore Guyana projects.
Sources Say ExxonMobil to Take Baby Steps to Expand Oil Trading Unit
Tuesday, June 12, 2018 ExxonMobil is dipping its toe in the world of oil trading, hiring executives and showing an appetite for expanding its operations.
Ifax: ExxonMobil Sees Russian LNG Plant's Capacity At 6.2MM T/Year
Thursday, June 07, 2018 ExxonMobil and Rosneft expect their future joint project to produce more than 6.2 million tonnes of LNG per year.
Exxon CEO Urges New York Prosecutor To Rethink Climate Change Probe
Wednesday, May 30, 2018 ExxonMobil's chief executive hopes the new attorney general in New York 'comes to a different conclusion.'
ExxonMobil CEO's Solution on Shares: Drill Big, Drill Better
Thursday, May 24, 2018 Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil from its share-price slump.
ExxonMobil to Slash Gas Flaring 25% by 2020 in Emissions Push
Wednesday, May 23, 2018 ExxonMobil plans to reduce the amount of natural gas it burns as waste by a quarter within two years.
An Upstream Comeback with Less Splash but More Cash?
Friday, May 11, 2018 Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'
Guyana's Production Ramp-up Demands Compliance Changes, New Infrastructre
Wednesday, May 02, 2018 ExxonMobil anticipates 450,000 barrels per day of oil production from the South American country by 2020.