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Exxonmobil
Oil Field
China Looks To Buy Stake In A Major Iraqi Oilfield
State giants China National Petroleum Corporation and China National Offshore Oil Corporation are interested in buying ExxonMobil’s entire operating stake in o…
LNG
ExxonMobil not to Set up LNG Terminal in Pakistan
ExxonMobil, the US-based multinational oil and gas corporation, has decided not to continue with its plans to set up an LNG terminal in Pakistan, as the company…
Deeper ExxonMobil Job Cuts Planned
ExxonMobil is planning to lay off more workers in response to the fall in global energy demand.
LNG
POSCO Targets LNG Storage Market by Teaming up with ExxonMobil
POSCO has joined hands with ExxonMobil to make a foray into the liquefied natural gas (LNG) storage and fuel tank market.
United Kingdom
ExxonMobil to Cut European Workforce By 1600
Global energy company ExxonMobil has announced that it will reduce the number of its workers across its businesses in Europe.
Oil&Gas Drilling
Noble Corporation Scores Rig Extension Deal with ExxonMobil
Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil.
Oil Price
ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s
Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.
CCS
ExxonMobil Discovers New Material to Enhance Carbon Capture Technology
Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material.
LNG
Total, Exxon Demobilize PNG LNG Expansion Workers Due to COVID-19
Oil and gas companies Total and ExxonMobil have idled workers at the troubled Papua New Guinea LNG expansion project due to the COVID-19 pandemic, project partn…
Crude Oil
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend…
Oil Field
U.S. Energy Giant ExxonMobil Puts Stake In Azerbaijani Oil Field Up For Sale
ExxonMobil has again put its stake in Azerbaijan’s largest oil field up for sale despite a historic decline in oil prices linked to a decline in consumption du…
ExxonMobil Breaks Ground on Multibillion-Dollar Chemical Complex in China
Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China's Guangdong Province.
Oil Price
Oil Majors Are Preparing For $10 Oil
The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s.
Oil & Gas Trade
Papua New Guinea LNG Sells Cargo at $4/MmBtu
ExxonMobil sold a shipment of liquefied natural gas in April for nearly $4 per million British thermal units.
Oil&Gas Drilling
Shell and ExxonMobil Plan for Exploration of Blocks Offshore Somalia
The Ministry of Petroleum and Mineral Resources of Somalia has agreed on an initial roadmap with the Shell/ExxonMobil joint venture focused on the next steps to…
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