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Crude Oil
Exxon Withdraws From Offshore Suriname Oil-Exploration Block
Exxon Mobil Corp. withdrew from an oil-exploration block off the coast of Suriname, not far from where it discovered more than 11 billion barrels in Guyanese wa…
Oil & Gas Trade
Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemic…
Oil & Gas Trade
Hilcorp Bags $1b Permian Deal
This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources.…
Oil & Gas Trade
Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions
While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…
Crude Oil
Exxon Mobil Takes Ownership Of Payara FPSO Offshore Guyana
Exxon Mobil Guyana has completed a transaction to assume ownership from SBM Offshore of theFPSO Prosperity.The deal went through ahead of the full platform leas…
Oil Price
Exxonmobil’s Q3 2024 Net Income Drops By 5% To $8.6bn
ExxonMobil has reported a net income of $8.61bn for the third quarter of 2024 (Q3 2024), down by 5.1% from $9.07bn recorded in the same period last year.In the …
Oil & Gas Trade
Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …
Oil & Gas Trade
ExxonMobil Is Back In Cyprus
ExxonMobil’s commitment to the region is proved by its extension to Egypt and Greece and renewed interest in CyprusIt has been over two-and-a-half years s…
LNG
Exxon Mobil, Qatar Get 3-year Extension To Build Their LNG Plant In Texas
India's Reliance Industries Ltd, operator of the world's biggest refining complex, is restructuring its trading operations, including moving most of its…
Oil & Gas Trade
Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , opens new tab, the cou…
Oil&Gas Drilling
Exxon Seeks Buyers for Portion of Assets in North Dakota’s Bakken Shale
Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustrationTop U.S. oil producer Exxon Mobil Corp (XOM.N), plans to sell a port…
Oil & Gas Trade
Big Oil Set to Bid in Algeria’s New Oil and Gas Licensing Round
Algeria is set to soon announce a new oil and gas licensing round in which major international firms, including ExxonMobil and Chevron, are expected to take par…
Oil & Gas Trade
Big Oil Set to Bid in Algeria’s New Oil and Gas Licensing Round
Algeria is set to soon announce a new oil and gas licensing round in which major international firms, including ExxonMobil and Chevron, are expected to take par…
Oil & Gas Trade
Gas line connection to Exxon's FPSOs in Guyana completed, executive says
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/F…
Oil & Gas Trade
Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum
A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo Purchase Licensing RightsExxon M…
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