ExxonMobil


All posts for ExxonMobil

ExxonMobil Increases Estimate for Guyana’s Stabroek Block to 4 Billion Barrels

Evaluation supports third phase of development; additional two phases under consideration with potential to produce over 750,000 barrels per day Success in upstream projects increases confidence in earnings growth plans High quality resource and project execution excellence provides value to res ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +6

ExxonMobil: Rovuma LNG Phase 1 Development Plan Submitted to Government of Mozambique

Two liquefied natural gas trains will each produce 7.6 million tons per year LNG production expected to commence in 2024 Marketing and financing negotiations underway in parallel with government approval process MAPUTO, Mozambique--( BUSINESS WIRE )--Mozambique Rovuma Venture has submitte ...

OilVoice Press - OilVoice


Posted 1 year agoPress > LNGLiquified Natural GasRovuma +5

ExxonMobil Foundation Invests US$10 Million in Guyana for Research, Sustainable Employment and Conservation

New collaboration established between ExxonMobil Foundation, Conservation International and University of Guyana Program to advance Guyana's sustainable economy through investments in education, research, sustainable management and conservation of the country's vast ecosystems Part of ExxonMobil ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Exxon MobilExxon Mobil CorporationExxonMobil +5

Brazil’s 5th Pre-Salt Round Unlikely to Yield Blockbuster Bids, says GlobalData

Bids for the blocks offered in Brazil's 5 th pre-salt bid round, for which the official pre-announcement was published on Thursday, are unlikely to reach the high levels achieved in previous processes, according to  GlobalData , a leading data and analytics company. The bid round, scheduled t ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > BrazilPre-SaltGlobalData +10

ExxonMobil Completes Acquisition of Indonesian Lubricant Manufacturer and Marketer PT Federal Karyatama

Includes Federal Oil brand, distribution network and blending plant Strengthens ExxonMobil's lubricant business and Mobil brand in fast-growing Indonesian market IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil has completed the acquisition of PT Federal Karyatama (FKT), one of Indonesia's largest ...

OilVoice Press - OilVoice


Posted 2 years agoPress > IndonesiaExxonMobilExxon Mobil +6

ExxonMobil: Mozambique Area 4 Progressing Rovuma LNG Marketing

Rovuma LNG onshore liquefaction trains supplied by the offshore gas fields of Area 4 Area 4 negotiating Rovuma LNG sales and purchase agreements Final investment decision expected in 2019 ExxonMobil and Eni said today that marketing efforts are underway for the Rovuma LNG project, which will ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Exxon MobilExxonMobilExxon Mobil Corporation +7

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 2 years 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 2 years 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 2 years 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 2 years 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

ExxonMobil CEO Darren Woods Highlights Growth Plans and Advances in Lower-Carbon Solutions

Plans to more than double earnings potential by 2025 while addressing climate change risks Strongest investment opportunities in two decades drive results and improve returns Investments leverage technology leadership, integrated businesses and skilled employees ExxonMobil plans to more than ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ceoExxonMobilCarbon

SABIC and ExxonMobil Advance Gulf Coast Project with Creation of a New Joint Venture

RIYADH, Saudi Arabia & SPRING, Texas--( BUSINESS WIRE )--SABIC and  ExxonMobil  said today that they have created a new joint venture to advance development of the  Gulf Coast Growth Ventures project , a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Tex ...

OilVoice Press - OilVoice


Posted 2 years agoPress > SabicExxonMobilGulf Coast +3

Former Oil Industry Executive Urges Industry to Clean Up its Climate Plans

Bill Hafker, a former ExxonMobil executive recently discussed the oil and gas industry to US media and how it can address the issues of climate change. The oil and gas industry currently account for approximately fifty percent of global carbon emissions. Industry experts have indicated that in ord ...

Grace Kimberley


Posted 2 years agoOpinion > ExxonMobilParis Climate Agreement

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