Exxon Mobil


All posts for Exxon Mobil

ExxonMobil’s XTO Energy Announces Progress on Methane Emissions Reduction Program

Methane emissions reduced by 9 percent since 2016 Two-thirds of high-bleed pneumatics phased out to date through voluntary program Contributes to ExxonMobil's measures to reduce emissions by 15 percent by 2020 WASHINGTON--( BUSINESS WIRE )-- ExxonMobil subsidiary XTO Energy Inc. today said it ...

Art Berman - The Petroleum Truth Report


Posted 1 year agoPress > Exxon MobilExxon Mobil CorporationExxonMobil +3

ExxonMobil Announces Eighth Discovery Offshore Guyana

Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects IRVING, Texas--( BUSINESS WIRE )-- Exxon Mobil Corpo ...

OilVoice Press - OilVoice


Posted 1 year agoPress > GuyanaOffshoreDiscovery +3

ExxonMobil Advances Liza Phase 1 Development

Development drilling commences, facility construction under way; first oil in 2020 Production from three developments to exceed 500,000 barrels per day About 50 percent of in-country workforce is Guyanese IRVING, Texas--( BUSINESS WIRE )--The Liza Phase 1 development continues to rapidly progre ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ExxonMobilExxon Mobil CorporationExxon Mobil +4

Equinor Deepens Position in the Pre-Salt Area Offshore Brazil

Equinor has expanded its portfolio in Brazil's prolific Campos and Santos basins after winning the Uirapuru and Dois Irmãos blocks in the 4th Production Sharing Bidding Round in Brazil. Equinor, ExxonMobil and Petrogal Brasil presented the winning bid (75.49% profit oil) for the Uirap ...

OilVoice Press - OilVoice


Posted 1 year agoPress > EquinorOffshorePre-Salt +7

ExxonMobil Announces Retirement of Jeff Woodbury and Election of Neil Hansen as Vice President of Investor Relations and Secretary

Exxon Mobil Corporation (NYSE:XOM) said today that Jeff Woodbury, vice president of investor relations and secretary, has elected to retire after 35 years of service. The board of directors has elected Neil Hansen, downstream controller, as vice president of investor relations and secretary, effec ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Exxon MobilExxonMobilExxon Mobil Corporation +1

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 ...

OilVoice Press - OilVoice


Posted 2 years 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 ...

OilVoice Press - OilVoice


Posted 2 years 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 2 years 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 ...

OilVoice Press - OilVoice


Posted 2 years 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 2 years 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 ...

OilVoice Press - OilVoice


Posted 2 years 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 ...

OilVoice Press - OilVoice


Posted 2 years 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 ...

OilVoice Press - OilVoice


Posted 2 years 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 ...

OilVoice Press - OilVoice


Posted 2 years 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 ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Gulf CoastUnited StatesUS +5