Exxon Mobil


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Santos: PNG LNG Resumes Normal Production

Santos has been advised by ExxonMobil, the PNG LNG operator, that LNG train 2 has safely restarted and the plant is operating at normal production rates. Exports of LNG have also resumed. Production has been gradually increasing since the Hides gas conditioning plant and one train at the PNG LN ...

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Posted 24 days agoPress > SantosLNGLiquified Natural Gas +6

ExxonMobil Plans Purchase of Large Indonesia Motorcycle Lubricant Manufacturer, Marketer

Anticipated purchase of PT Federal Karyatama (FKT), including Federal Oil brand Acquisition builds on existing Mobil lubricant brand offer in Indonesia Purchase to accelerate growth in key developing market IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil  said today it agreed to purchase PT Fede ...

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Posted 25 days agoPress > PT Federal KaryatamaFKTFederal Oil +6

ExxonMobil Earnings Increase 16 Percent to $4.7 Billion in First Quarter 2018

Positive U.S. Upstream earnings of $429 million Highest quarterly cash flow from operations and asset sales since 2014 Rapid response and recovery from Papua New Guinea earthquake       First   First       Fourth         Quarter   Quarter       Quarter       ...

OilVoice Press - OilVoice


Posted 28 days agoPress > ExxonMobilEarningsResults +5

Exxon Mobil Corporation Declares Second Quarter Dividend

IRVING, Texas--( BUSINESS WIRE )--The Board of Directors of  Exxon Mobil Corporation  (NYSE:XOM) today declared a cash dividend of $0.82 per share on the Common Stock, payable on June 11, 2018 to shareholders of record of Common Stock at the close of business on May 14, 2018. This second quarter d ...

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Posted 29 days agoPress > DividendExxon MobilExxon Mobil Corporation +2

Santos: PNG LNG Restarts LNG Production Ahead of Schedule

Santos has been advised by ExxonMobil, the PNG LNG operator, that production of liquefied natural gas (LNG) has safely resumed following a temporary shutdown of operations after the severe earthquake in the region on 26 February. LNG exports are expected to resume soon. Santos Managing Director an ...

OilVoice Press - OilVoice


Posted 1 month agoPress > LNGLiquified Natural GasPNG +5

ExxonMobil Resumes Liquefied Natural Gas Production in Papua New Guinea

Production safely restarts ahead of schedule at the PNG LNG plant near Port Moresby Production to increase in the coming weeks; LNG cargo deliveries to commence soon Company continues to assist with humanitarian relief efforts  IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil said today that pro ...

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Posted 1 month agoPress > Exxon MobilExxon Mobil CorporationExxonMobil +5

ExxonMobil Announces 84% Increase in P’nyang Resource, Potential Expansion in PNG

2 trillion cubic feet of gas added to P'nyang field resource estimate Recoverable resource now estimated at 4.36 trillion cubic feet of gas Supports three-train LNG plant expansion concept Exxon Mobil Corporation (NYSE:XOM) has announced that the size of the natural gas resource at the P'nya ...

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Posted 1 month agoPress > ExxonMobilNYSEPNG +6

ExxonMobil Wins Eight Deepwater Blocks in Latest Brazil Bid Round

ExxonMobil now one of Brazil's largest acreage holders among international companies Adds more than 640,000 net acres to ExxonMobil's deepwater portfolio offshore Brazil Seismic data acquisition planned in 2018 for operated blocks announced in 2017 IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil ...

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Posted 1 month agoPress > BrazilExxon MobilExxon Mobil Corporation +6

Statoil Awarded Four Blocks Offshore Brazil

  Statoil and partners were the hihg bidders for four blocks in the Campos Basin in Brazil's 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.  A consortium comprising Petrobras (3 ...

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Posted 1 month agoPress > StatoilOffshoreBrazil +8

ExxonMobil Considers Polypropylene Production Expansion Along U.S. Gulf Coast

Facility to manufacture high-performance, lightweight durable plastics Final investment decision could come later this year Project startup as early as 2021 IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil said today it has started detailed engineering work on a potential U.S. Gulf Coast ...

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Posted 2 months agoPress > Gulf CoastUnited StatesUS +5

ExxonMobil Senior Vice President Mark Albers to Retire

IRVING, Texas--( BUSINESS WIRE )--Mark W. Albers, senior vice president of Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire, effective April 1, 2018, after more than 38 years of service. Albers, 61, was elected to his current position as senior vice president and a membe ...

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Posted 2 months agoPress > RetireRetirementExxon Mobil +4

ExxonMobil Renews Longstanding Commitment to Women’s Economic Empowerment

$7 million to support research, women entrepreneurs and savings program $120 million in grants since initiative began in 2005 Company procures approximately $350 million per year from women-owned businesses; named Corporation of the Year by WEConnect International IRVING, Texas--( BUSINESS WIR ...

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Posted 2 months agoPress > ExxonMobilExxon MobilExxon Mobil Corporation

ExxonMobil and Synthetic Genomics Algae Biofuels Program Targets 10,000 Barrels Per Day by 2025

Program advances to outdoor testing in California of naturally occurring algae strains Will inform fundamental engineering necessary for scaling up technology Outdoor testing phase critical step in determining path toward commercial production RVING, Texas & LA JOLLA, Calif.--( BUSINESS WIRE ) ...

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Posted 2 months agoPress > Exxon MobilExxon Mobil CorporationExxonMobil +1

ExxonMobil to Join Stanford Strategic Energy Alliance

Builds on Global Climate and Energy Project's 15 years of success Strong science and exploratory research to develop low-carbon energy solutions $20 million commitment in addition to ExxonMobil's GCEP investment of more than $100 million Expands company's collaborative work with academic and re ...

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Posted 2 months agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +1

ExxonMobil Announces Seventh Oil Discovery Offshore Guyana

Pacora-1 well encounters approximately 65 feet of high-quality, oil-bearing sandstone High quality resources to be integrated into giant Payara field development Further drilling on the Stabroek Block planned in 2018 IRVING, Texas--( BUSINESS WIRE )-- Exxon Mobil Corporation (NYSE:XOM) announ ...

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Posted 2 months agoPress > GuyanaDiscoveryOil +6