Exxon Mobil


All posts for Exxon Mobil

Pandemic rocks Permian Basin as wells, rigs idled and workers laid off

It wasn't long ago that some of the largest oil companies in the world were flocking to Lea and Eddy counties to boost oil production, open regional offices and add high-paying jobs that attracted workers from across the country to cities like Carlsbad and Hobbs. The good ol' days are goneBefore ...

Will Fine


Posted 2 months agoLink > Farmington New MexicoGovernor of New MexicoNew Mexico +65

Expert Dan Fine discusses future of oil, natural gas amid low prices and the coronavirus

(Photo: Augusta Liddic/The Daily Times)AZTEC — Two tweets sent by President Donald Trump on the morning of April 2 spurred optimism for an oil industry hit hard by a flood of oil from Saudi Arabia and Russia, driving down the price. (Photo: Twitter screengrab)Fine said Russia, which has been frus ...

Will Fine


Posted 2 months agoLink > NewMexicogeopoliticalGeopolitics +66

Oil price plunge wallops New Mexico

BY KEVIN ROBINSON-AVILA / Albuquerque JOURNAL STAFF WRITER Published: Monday, March 9th, 2020 at 10:02pm Copyright © 2020 Albuquerque Journal New Mexico's oil boom could soon turn to bust after world prices for crude crashed on Monday. The price for U.S. benchmark West Texas Intermediate b ...

Will Fine


Posted 3 months agoOpinion > RussiaRussian marketOPEC +85

The Global Shutdown Turnaround Industry Forum

It is more important than ever to have the skills and strategies in place for a turnaround that meets budget and schedule. A plant shutdown that goes off track cannot only break your maintenance budget, but can have a huge impact on your production targets. ​ Who should Attend    S ...

Norman Joshi


Amsterdam   NH   NL 28 Nov 2019


Posted 10 months agoEvent > BPBrunei Shell PetroleumExxon Mobil +2

ExxonMobil Increases Stabroek Resource Estimate to 5 Billion Barrels; Makes 10th Discovery

More than 5 billion recoverable oil-equivalent barrels discovered in less than four years Reinforces potential for at least five floating storage, production and offloading vessels producing more than 750,000 barrels of oil per day by 2025 Pluma-1 well represents 10 th discovery IRVING, Texas- ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Stabroek BlockStabroekDiscovery +3

Total Signs a Memorandum of Understanding with the State of Papua New Guinea on the Key Terms of the Gas Agreement of the Papua LNG Project and Launches Engineering Studies

Port Moresby – Total and its partners ExxonMobil and Oil Search have signed a Memorandum of Understanding (MoU) with the Independent State of Papua New Guinea defining the key terms of the Gas Agreement for the Papua LNG Project.  The MoU was signed during the Asia Pacific Economic Conference (A ...

OilVoice Press - OilVoice


Posted 1 year agoPress > MOUTotalPNG +9

ExxonMobil Earnings Increase 57 Percent to $6.2 Billion in Third Quarter of 2018

Cash flow from operating activities of $11.1 billion highest since the third quarter of 2014 Ninth discovery offshore Guyana, newly acquired acreage in Brazil enhance Upstream opportunities Integration advantages further enhanced by midstream connectivity to Permian and Western Canada   ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Exxon MobilExxonMobilExxon Mobil Corporation +2

Exxon Mobil Corporation Declares Fourth Quarter Dividend

IRVING, Texas--( BUSINESS WIRE )--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 December 10, 2018 to shareholders of record of Common Stock at the close of business on November 13, 2018. This fou ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NYSEExxonExxon Mobil +2

ExxonMobil Supports New Singapore Energy Center Partnership with US$10 Million Commitment

ExxonMobil to be first founding member with five-year commitment Company researchers to collaborate with university students and faculty Initial focus areas to include bioscience; carbon capture, utilization and storage; water use and recycling SINGAPORE--( BUSINESS WIRE )-- ExxonMobil said to ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +2

ExxonMobil Starts New Unit at Antwerp Refinery to Produce High-Value Transportation Fuels

SPRING, Texas--( BUSINESS WIRE )-- ExxonMobil said today that it has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. The new 50,000 barrel-per-day unit expands t ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +7

The Oil Business in South Africa is Going Down

One of the most important resources that a country could have during the 20th century and even today is oil or gas. South Africa unfortunately, doesn't show much promise in that departments as their proven oil and gas reserves are close to nothing. The exploration for these resources started in 191 ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Nick JamesSouth AfricaOil +7

ExxonMobil Wins Additional Acreage in Brazil’s 5th Pre-Salt Bid Round

Adds more than 71,500 net acres to ExxonMobil's deepwater portfolio offshore Brazil ExxonMobil is one of Brazil's largest acreage holders among international companies Work underway on regulatory requirements in preparation for drilling by 2020 IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil has ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Exxon MobilExxonExxon Mobil Corporation +6

ExxonMobil Starts New Unit to Increase Ultra-Low Sulfur Fuels Production

Production of ultra-low sulfur fuels to increase by about 45,000 barrels per day New unit relies on proprietary technology to remove sulfur while minimizing octane loss Additional chemical manufacturing construction, refining engineering underway SPRING, Texas--( BUSINESS WIRE )--ExxonMobil has ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +3

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 1 year agoPress > OilgasClimate Change +4

Can American Shale Keep It Up?

The New York Times recently published an Op-Ed on the American shale industry that garnered significant attention within the oil and gas community. The piece was written by Bethany McLean , co-author of The Smartest Guys in the Room —the book-turned-documentary that many consider to be the defi ...

Doug Sheridan - EnergyPoint Research


Posted 1 year agoOpinion > Chesapeake Energy CorporationShaleshale oil industry +6