ExxonMobil


All posts for ExxonMobil

The State of the Industry: Q2 2019

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan


Posted 30 days agoLink > ShellExxonMobilBP +6

The Permian is Ripe for M&A Battle

Next is Diamondback Energy, a Permian pure-play firm that has valuable assets in the Midland Basin as well as the prized (and prolific) Delaware Basin. Brushing up against Pioneer's acreage is ExxonMobil and Chevron's own boundaries, and its new status as a Permian pure-play makes Pioneer particu ...

Hui Shan


Posted 3 months agoLink > Pioneer Natural ResourcesEndeavor Energy ResourcesDiamondback Energy +8

Shell Eclipses ExxonMobil Once Again

Weaker refining margins and lower crude prices were cited as a slight drag on performance, but Shell's acquisition of BG Group is paying dividends as strong natural gas performance contributed to the strong profits. Unlike ExxonMobil and Chevron, Shell has only dipped its toes in the Permian, pre ...

Hui Shan


Posted 3 months agoLink > ExxonMobilShellBP +5

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 9 months 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 9 months 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 10 months agoPress > Exxon MobilExxonMobilExxon Mobil Corporation +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 10 months 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 10 months 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 10 months agoOpinion > Nick JamesSouth AfricaOil +7

Engage with both the E&P community and financial sector at SPE's London Annual Conference.

SPE London Conference 23 October 2018 | Gibson Hall London, England, UK Hear expert opinion on oil and gas investment opportunities at SPE's London Annual Conference. With now only a week to go, register your place today to engage with both the E&P community and financial sectors. Hear from top ...

Kate Dunn


Posted 10 months agoPress > EnergyOil and GasFinance +22

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 11 months 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 11 months 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 11 months 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 1 year 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 1 year agoOpinion > South AmericaExxon MobilExxon Mobil Corporation +11