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Exxonmobil
Oil & Gas Trade
Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy
The Italian private petroleum company Italiana Petroli (IP) has signed an agreement to purchase fuel and refining assets owned in Italy by Esso Italiana, a subs…
Oil Refinery
France Struggles with Refinery Strikes, but Not Planning Petrol Rationing
More than a fifth of France's service stations were grappling with supply problems on Saturday as strikes at refineries run by oil majors TotalEnergies and Exxo…
Natural Gas
Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture
Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…
Oil & Gas Supply
Exxon Passes $100 Mark for First Time Since 2014
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen o…
Oil Shale
ExxonMobil to Sell Shale Assets in Texas to BKV for $750M
The Barnett Shale gas assets are part of ExxonMobil’s gas resources in North America that were removed from the company’s development plans in 2020.
Russian Federation
Exxon Could Withdraw Completely From Russia Within Two Months
U.S. supermajor ExxonMobil plans to shut down all its businesses in Russia by June 24.
CCS
ExxonMobil Estimates $4 Trillion CCS Market by 2030
Amount is around 60% of forecast oil and gas market by that date.
Net Zero Emission
ExxonMobil Begins Design Studies for Carbon Capture Hub
ExxonMobil Australia is undertaking early front-end engineering design studies (pre-FEED) to determine the potential for carbon capture and storage to reduce gr…
CCS
World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working
Delving into the world’s largest carbon capture project, ExxonMobil’s Shute Creek CCUS facility, reveals a highly questionable technology.
Oil & Gas Supply
ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis
The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.
Nord Stream 2
ExxonMobil Joins Western Oil and Gas Company Exodus From Russia
US supermajor to start process of discontinuing operations at the Sakhalin-1 project in response to Russia's invasion of Ukraine.
Oil Field
ExxonMobil Announces Two New Oil Discoveries In Guyana
ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…
CCS
ExxonMobil to Study Carbon Capture in Guyana
Guyana has approved a request by ExxonMobil to conduct a study on capturing and storing carbon from the company's expanding offshore oil operations.
Hydrogen Project
Southampton to be Converted into a UK Hydrogen Hub
Southampton, UK, could be set to transform into a hydrogen hub with ExxonMobil, SGN, and Green Investment Group all signing agreements to achieve this goal.
CCS
ExxonMobil Eyes Building CCS Hubs in Southeast Asia
ExxonMobil is looking to build carbon dioxide capture hubs in some of southeast Asia's heavy industrial areas such as Singapore and connecting them to storage s…
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