Exxon Mobil Corporation Company News

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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.

Big Oil Investors Show They Want More Than Just Profit
Tuesday, May 01, 2018 Big Oil's investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback.

ExxonMobil Says PNG LNG Plant Back To Normal Production Rates
Monday, April 30, 2018 ExxonMobil restarts second LNG train at its Papua New Guinea liquefied natural gas plant.

ExxonMobil Misses, Chevron Crushes Estimates in Mixed Day for Big Oil
Friday, April 27, 2018 For the biggest US oil explorers, the first quarter was a study in contrasts.

Exxon Mobil Offers PNG LNG Cargo for May Delivery to N. Asia -Traders
Tuesday, April 24, 2018 Exxon has offered a liquefied natural gas cargo from its recently restarted Papua New Guinea plant for delivery into the Japan, Korea, Taiwan (JKT) region in May, two traders with knowledge of the matter said.

Big Oil Gets Little Love With Toxic Troika Shadowing Revival
Tuesday, April 24, 2018 For generations of investors, Exxon Mobil Corp. has been a cornerstone of fund managers' portfolios alongside the biggest names in corporate America. Not so much any more.

Liberian President Weah Orders Probe of Exxon 2013 Oil Deal
Wednesday, April 18, 2018 Liberian President George Weah orders a probe into ExxonMobil's 2013 deal for drilling rights off the West African nation's coast.

Exxon, Qatar in Talks for Potential US Shale Deal - Report
Tuesday, April 10, 2018 Exxon Mobil is in talks with Qatar over a possible deal that could see the country investing in the company's U.S. gas resources, the Wall Street Journal reported, citing people familiar with the matter.

Exxon Sparks IMF Concern With Weighty Returns in Tiny Guyana
Monday, April 09, 2018 Exxon Mobil Corp. got such a "favorable" deal from Guyana, home to the biggest new deepwater oil play, that the tiny South American country should rewrite its tax laws, the International Monetary Fund said.

Tanker Docks at ExxonMobil's Papua New Guinea LNG Export Terminal
Monday, April 02, 2018 A liquefied natural gas (LNG) tanker has docked at ExxonMobil's Papua New Guinea export plant, which has been shut since late February following a powerful earthquake.

Exxon Can't Dodge State Climate Change Probes, Judge Says
Friday, March 30, 2018 US District Judge Valerie Caproni in Manhattan dismissed Exxon's lawsuit claiming officials in New York and Massachusetts conspired with environmental groups.

ExxonMobil May Add Gulf Coast Polypropylene Capacity
Tuesday, March 20, 2018 ExxonMobil eyes petchems expansion on US Gulf Coast.

Traders: ExxonMobil Buys LNG To Chill Quake-Hit Papua New Guinea Project
Monday, March 19, 2018 ExxonMobil Corp has bought a liquefied natural gas cargo to keep its Papua New Guinea plant cold.

Oil, Gas Leaders Warn Trump He Risks Harming Their Industry
Friday, March 16, 2018 The meeting came a week after Trump decided to slap a 25 percent levy on steel imports

Exxon Mobil Partnering With Pakistan for Third LNG Terminal
Friday, March 16, 2018 Pakistan has the largest appetite for LNG among emerging markets, according to Bloomberg New Energy Finance.

Tillerson Has 180 Million Reasons Not to Return to Oil Industry
Tuesday, March 13, 2018 It isn't clear where Rex Tillerson goes from here, but he has 180 million reasons to avoid the oil industry.

Exxon Woos Wall St. With Bold Plan To Double Earnings By 2025
Wednesday, March 07, 2018 ExxonMobil says it expects earnings to more than double by 2025 to $31 billion, with crude prices at or above current levels.

Exxon, Total, Repsol Among Bidders For Oil Exploration Off Greece
Monday, March 05, 2018 ExxonMobil, Total and Repsol are among members of two consortia that have submitted bids to explore for oil and gas off Greece.

ExxonMobil, Hess Strike Lucky No. 7 Offshore Guyana
Wednesday, February 28, 2018 Latest discovery to help propel offshore Guyana production past half a million barrels per day mark.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

ExxonMobil Hits Baytown Ethane Cracker Milestone
Wednesday, February 07, 2018 Production set to begin later this year.

ExxonMobil Stock Rout Deepens as Profit Flub Meets S&P 500 Plunge
Monday, February 05, 2018 ExxonMobil is on course for its steepest two-day stock rout in almost 2 1/2 years.

ExxonMobil, Chevron Disappoint by Missing Out on Industry Rebound
Friday, February 02, 2018 ExxonMobil and Chevron, usually trendsetters in the oil industry, are woefully off the pace.

Canada's Imperial Oil Misses Profit Estimate As Expenses Weigh
Friday, February 02, 2018 Imperial Oil reports a lower-than-expected adjusted quarterly profit.

ExxonMobil Names MetLife CEO Kandarian To Its Board
Thursday, February 01, 2018 ExxonMobil names MetLife Inc Chief Executive to its board of directors.