All posts for ExxonMobil

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 5 days 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 7 days 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 16 days 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 18 days 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month agoPress > ExxonMobilEarningsResults +5

Hess Acquires Interest in New Acreage Offshore Guyana

Hess Corporation (NYSE:HES) today announced that its subsidiary, Hess Guyana(Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15 percent participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Re ...

OilVoice Press - OilVoice

Posted 1 month agoPress > HessHess CorporationOffshore +4

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 1 month 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 months 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 months 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 months 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 months agoPress > BrazilExxon MobilExxon Mobil Corporation +6