Exxon’s loss in European court could boost carbon market
ExxonMobil’s loss in a court case in Europe may translate into a gain for carbon prices in the continent’s emissions trading system.
ExxonMobil
Exxon Mobil invests in Global Thermostat carbon capture technology
Exxon Mobil is investing in a new carbon-capture technology firm that aims to economically suck emissions out of the sky near power plants and other large industrial sources.
ExxonMobil’s Norway exit could break records, Rystad says
US supermajor ExxonMobil could be looking to fetch as much as $3.1 billion through the sale of its Norwegian portfolio, according to Rystad Energy.
Updated: Exxon seeks bidders for Norwegian business, report says
US oil giant ExxonMobil is weighing up the sale of its Norwegian business, a news report said.
Key Exxon shareholder starts divesting over climate change
One of Exxon Mobil Corp.‘s largest shareholders, Legal & General Group Plc, has divested 19 of its funds from the company and will ask its clients if it can withdraw more money, saying the oil and gas producer isn’t adequately addressing climate change.
Guyana election heightens political risk for offshore operators
Guyana is due to hold a general election later this year that could have a significant bearing on the country’s emergence as a new oil frontier.
Anger as flaring begins again at Mossmorran
Communities are again enduring a day of intense flaring and vibration from the Fife Ethylene Plant at Mossmorran.
ExxonMobil authorises Argentina expansion in ‘Dead Cow’ shale
ExxonMobil is moving forward with a major effort to develop at least 90 wells in Argentina's onshore shale.
Exxon investors attempt to wrestle away dual role from chairman-CEO
Exxon Mobil beat back mounting pressure to split the chairman and chief executive positions, and dismantle a structure that dates back decades and has seen the explorer through oil embargoes, war, currency crises and nationalisations.
Guyana investigating offshore oil leases controlled by Exxon, Tullow
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil Corp. and Tullow Oil Plc.
Iraq says Exxon Evacuation of staff is `unacceptable’
The evacuation of some Exxon Mobil Corp. workers is “unacceptable and unwarranted” because it has nothing to do with the security situation in southern Iraq, according the country’s energy minister.
Shell to spend $1.5bn on UK decommissioning through to 2025
Shell is expected to spend $1.5bn (£1.152bn) on decommissioning in the North Sea over the next six years, according to a new forecast.
North Sea oil and gas firms ‘more engaged’ for energy transition, top academic claims
Oil and gas firms based in the North Sea are "better engaged" with the energy transition than their US rivals, according to a top academic.
ExxonMobil announces $2bn expansion of US chemicals complex
Exxon Mobil will pour $2 billion into expanding its Baytown chemical complex, creating 2,000 construction jobs and further cementing the region's role as a petrochemical hub.
Exploration, oil price and maintenance dent earnings for ExxonMobil
Exploration costs, lower oil and gas prices and heavy maintenance dented ExxonMobil’s earnings for the start of the year.
Chemical plant flaring to be investigated by environmental watchdog
Scotland's environmental watchdog has launched an investigation into unplanned flaring at a chemical plant.
Shell in talks to buy BP’s stake in Shearwater field – report
Shell is in talks to acquire BP’s stake in the Shearwater gas hub in the North Sea, according to a news report.
Oil majors claim ‘prudent action’ on climate under way despite ‘alarming’ report
Some of the world's biggest oil firms have claimed they are taking "prudent action" on climate goals, despite a new report suggesting production from new fields will breach the Paris Agreement.
Mossmorran flaring expected to last for days
Flaring at the Mossmorran chemical plant in Fife will continue into this week.
ExxonMobil, Hess announce 13th Guyana discovery
ExxonMobil said Thursday it made its 13th oil discovery offshore of Guyana, increasing its rapidly rising tally of finds near the tiny South American nation.
Total signs agreement on $13bn Papau New Guinea LNG project
Total has reached an agreement with the government of Papau New Guinea allowing work to begin on a $13bn (£9.9bn) project to roughly double the country’s energy exports.
ExxonMobil, Repsol partner on Colombia exploration
Spanish energy firm Repsol and Exxon Mobil are partnering to continue exploring for oil and gas off the coast of Colombia.
Top Scottish science festival cuts ties with oil majors
A leading Scottish science festival is to cut its long standing association with French oil giant Total and US firm ExxonMobil.
Chevron, BP, Shell rate high on LGBT equality, but energy sector lags overall
Some of the top oil and gas companies received perfect scores in the new LGBT workplace equality rankings, but the energy sector still ranks at the bottom for inclusion standards out of all industries nationwide.
Colombia sees gain in Venezuela’s pain
As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country will look into it.