Exxon Mobil Corporation Company News

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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.

ExxonMobil to Triple Production in the Permian
Tuesday, January 30, 2018 ExxonMobil plans to ramp up its oil production in the Permian Basin in coming years.

ExxonMobil: Permian Growth Benefits to Reach Baton Rouge
Tuesday, January 30, 2018 Southeast Louisiana refinery to feel impact of West Texas production hike, says super-major.

ExxonMobil $50B Bonanza Returns Spending to Pre-Rout Level
Monday, January 29, 2018 ExxonMobil is set to spend $50 billion over the next half decade in a return to the oil giant's spending habits before crude suffered.

Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Waters
Friday, January 26, 2018 The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013.

ExxonMobil Reports Papua New Guinea Discovery
Tuesday, January 16, 2018 Latest PNG discovery confirms southeast extension of P'nyang field.

Exxon, BP Targeted in NYC Suit That Relies on 'Nuisance' Theory
Wednesday, January 10, 2018 New York City sues BP, Chevron, ConocoPhillips, ExxonMobil and Shell claiming they're the world's largest industrial contributors to climate change.

ExxonMobil Reports More Offshore Guyana Success
Friday, January 05, 2018 Ranger-1 is sixth in string of world-class discoveries offshore South American country.

Canadian Offshore Oil Interest Grows As Pipeline Woes Sink Alberta Prices
Wednesday, December 20, 2017 Canada's offshore oil industry is drawing rising investment interest.

Sanction-Proof Oil Rig Beats US Policy From Cuba to Russia
Tuesday, December 19, 2017 For Vladimir Putin, this is a second energy-sector victory in a little over a week.

Exxon, Petrobras Form Alliance To Develop Oil, Gas Projects
Thursday, December 14, 2017 ExxonMobil and Petrobras form an alliance to develop energy projects around the world.

ExxonMobil to Lead Construction, Ops of Mozambique LNG Facilities
Wednesday, December 13, 2017 ExxonMobil assumes responsibility for midstream ops in deepwater Mozambique block.

ExxonMobil Jumping in to Mexico Fuel Market With First US Cargo
Wednesday, December 06, 2017 ExxonMobil is joining Chevron and other US refiners to supply the newly free Mexico fuel market.

ExxonMobil to Evaluate Offshore Mauritania Blocks
Monday, December 04, 2017 Company plans seismic activities.

ExxonMobil To Merge Refining And Marketing Divisions
Friday, December 01, 2017 ExxonMobil says it would merge its refining and marketing divisions in the first quarter of 2018.

ExxonMobil Nears Deal To Explore For Oil And Gas Offshore Mauritania
Wednesday, November 29, 2017 ExxonMobil is close to signing a deal to explore for oil and gas offshore Mauritania, its first foray into the West African country.

ExxonMobil's Offshore Canada Project Produces First Oil
Tuesday, November 28, 2017 The Hebron oil project has produced its first oil, ExxonMobil says, in a boost to Atlantic Canada's output after years of weak crude prices.

Exxon Says $1B Antwerp Clean Fuels Unit Will Be Running By Mid-2018
Tuesday, November 28, 2017 ExxonMobil expects a new $1 billion fuel upgrading unit at its Antwerp refinery to be fully operational in the first half of next year, the company says.

ExxonMobil CEO Makes First Big Changes to Refining
Monday, November 27, 2017 Exxon Mobil Corp Chief Executive Darren Woods is reorganizing the company's refining operations, part of a push to boost profits amid volatile oil and natural gas prices, the company said.

Guyana-Suriname Basin Emerges as a Hotbed of Oil, Gas Exploration
Friday, November 17, 2017 Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.

Hoegh LNG: Pakistan LNG Import Project Consortium Folds
Thursday, November 16, 2017 A consortium behind a LNG import project in Pakistan has been dissolved.

Buying Texas Oil at New Mexico Prices: Majors Go West for Shale
Tuesday, November 14, 2017 Oil producers discouraged by the rising cost of accessing the vast deposits of the Permian Basin are sneaking into a geological back door, through neighboring New Mexico.

Central Park's Got Nothing on Exxon's Super-Long Shale Oil Wells
Monday, November 13, 2017 ExxonMobil is drilling shale wells that stretch farther than the length of New York's Central Park.

Ghana Opens Talks With Exxon On Deepwater Drilling Contract
Monday, November 13, 2017 Ghana has opened talks with ExxonMobil to allow the US oil firm to undertake deepwater exploration off its coast, a deputy energy minister says.

Exxon Is Spending $1 Billion a Year to Research Green Energy
Friday, November 03, 2017 One of the world's biggest oil companies is pumping more than $1 billion a year into alternative forms of energy.

Disappointing Output Betrays Exxon, Chevron Profit Victories
Friday, October 27, 2017 ExxonMobil and Chevron fall after reporting disappointing production for 3Q that undercut outsized earnings results.

Shell Wins Three Oil Blocks In Brazil's Deepwater
Friday, October 27, 2017 Shell won half the blocks awarded in Brazil's deepwater oil auction.

ExxonMobil Says Julia, Hadrian South Operations Back To Normal After Nate
Tuesday, October 10, 2017 ExxonMobil resumes normal operations at its Julia and Hadrian South subsea production systems.

Iraq's Talks with Exxon on Southern Oilfields in Final Stages-Minister
Monday, October 09, 2017 Iraq's talks with Exxon Mobil to develop a multi-billion-dollar project to boost output from several southern oilfields are nearing completion, oil minister Jabar al-Luaibi said on Monday.

U.S. Gulf Oil Producers Start Evacuating Staff Ahead of Tropical Storm Nate
Thursday, October 05, 2017 Oil and natural gas producers began evacuating staff at U.S. Gulf of Mexico platforms ahead of Tropical Storm Nate, the second storm in as many months to threaten Gulf Coast oil and refining facilities.

ExxonMobil 'Puts Guyana on the Map' with Discovery
Thursday, October 05, 2017 Could ExxonMobil attain 2 billion-barrel oil reserves mark offshore Guyana?

Sources: Shell Prep Louisiana Refineries to Keep Running in Storm
Thursday, October 05, 2017 PBF Energy and Royal Dutch Shell Plc were preparing their Louisiana refineries to keep running during Tropical Storm Nate, which is forecast to make landfall in the state on Sunday, sources familiar with plant operations said.