Exxon Mobil Corporation


All posts for Exxon Mobil Corporation

ExxonMobil to Join Oil and Gas Climate Initiative

CEO-led global initiative aims to provide practical solutions to climate change mitigation Focus areas include carbon capture and storage, methane reductions, energy efficiency As part of the initiative, ExxonMobil to invest in research and development of long-term solutions to reduce greenhouse ...

OilVoice Press - OilVoice


Posted 4 days agoPress > OilgasClimate Change +4

ExxonMobil Signs Framework Agreement For Proposed Chemical Complex in China

Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part of company's plans to grow manufacturing capacity in the U.S. and Asia Pacific SPRING, Texas--( BUSINESS WIRE )-- ExxonMobil said today that it has ...

OilVoice Press - OilVoice


Posted 18 days agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +4

In South America ExxonMobil’s Success in Guyana is Taking the Guyana-Suriname Basin to be Second Only to Pre-Salt Brazil, Says GlobalData

Following the recent Hammerhead-1 discovery by ExxonMobil in their Stabroek block in Guyana. Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “The 6.6 million acres Stabroek block is extrem ...

OilVoice Press - OilVoice


Posted 20 days agoOpinion > South AmericaExxon MobilExxon Mobil Corporation +11

Eco Atlantic Comments on Exxon's Ninth Major Discovery in Guyana - Hammerhead-1

From Guyana today, on ExxonMobil Corporation ("Exxon")'s Stabroek Block, Exxon and Hess Corporation have announced a new oil discovery of 60 metres (197 feet) of net pay of high-quality, oil-bearing sandstone reservoir in the Hammerhead-1 well.  Exxon's Hammerhead-1 oil discovery is located approxi ...

OilVoice Press - OilVoice


Posted 22 days agoPress > ExxonExxonMobilExxon Mobil Corporation +7

Dr. Daniel Fine: Trump and Oil in Trade Geopolitics

Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production.  This has caused euphori ...

Will Fine


Posted 24 days agoOpinion > United StatesMiddle EastPermian +69

ExxonMobil Adds Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil (NYSE:XOM) has ma ...

OilVoice Press - OilVoice


Posted 26 days agoPress > OffshoreDiscoveryGuyana +5

Wood Launches Mew Phase of Subsea Integrity Management Industry Network

Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, PETRONAS, Shell, Suncor, Total and Woodside. Led by Wood and establish ...

OilVoice Press - OilVoice


Posted 1 month agoPress > WoodSubseaPETRONAS +13

[Azinam] ExxonMobil Farms in to PEL 44, Offshore Namibia

Windhoek, Namibia – Tuesday, August 14, 2018: Azinam Limited (“Azinam”), the Seacrest Capital Group-backed Namibian explorer, is pleased to announce that ExxonMobil Namibia (PEL44) Limited, an affiliate of Exxon Mobil Corporation, has entered into an agreement with Azinam to acquire a 30% intere ...

OilVoice Press - OilVoice


Posted 1 month agoPress > OffshoreNamibiaExxon Mobil +4

ExxonMobil Earns $4 Billion in Second Quarter of 2018

Project milestones increasing confidence in long-term growth plans Permian and Bakken production up 30 percent from same quarter last year Eighth discovery offshore Guyana; acquires new interest and acreage in Brazil                 First                     Second Qua ...

OilVoice Press - OilVoice


Posted 1 month agoPress > EarningsResultsupstream +8

Exxon Mobil Corporation Declares Third Quarter Dividend

The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.82 cents per share on the Common Stock, payable on September 10, 2018 to shareholders of record of Common Stock at the close of business on August 13, 2018. This third quarter dividend is at the same ...

OilVoice Press - OilVoice


Posted 1 month agoPress > NYSEDividendExxon Mobil +2

Moody's: Shell, BP and Total Set to Reap Benefits of Higher Commodity Prices

Key Conclusions -          Royal Dutch Shell, Total,  BP, ExxonMobil and Chevron, have all cut costs, slashed capital spending and divested assets, positioning their businesses to prosper in a world of range-bound commodity prices -          The majors proved their fundamental strengths th ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > Moody'sShellRoyal Dutch Shell +10

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 2 months 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 2 months 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 2 months 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 months agoOpinion > BrazilPre-SaltGlobalData +10