Orkney hopes to become centre of LNG supply
A project launched this week could see Orkney become a hub for liquefied natural gas (LNG) supplies in the north of Scotland.
A project launched this week could see Orkney become a hub for liquefied natural gas (LNG) supplies in the north of Scotland.
Statoil has topped a league table that ranked oil companies based on how well prepared they are for a transition to a low-carbon economy.
ExxonMobil has fast-tracked its Stabroek block project offshore Guyana.
Exxon Mobil Corp. is negotiating with Chad’s government about a record $74 billion fine the oil company was told to pay last month by a court in the central African nation because of a dispute over royalties.
Exxon Mobil Corp. sued New York Attorney General Eric Schneiderman to stop his investigation into what the company knew about climate change.
Sunoco Logistics Partners said it has formed a joint venture with ExxonMobil.
InterOil said today that ExxonMobil was still committed to buying the Papua New Guinea focused firm, despite a Canadian court’s decision to block the $2.5billion deal.
Exxon Mobil Corp. warned it may be facing the biggest reserves revision in its history as production sank to a seven-year low and profit slid amid a prolonged slump in energy markets.
At ExxonMobil's annual shareholders meeting in May, Rex Tillerson, the silver-haired chief executive officer and chairman of the biggest oil company in the world, did something he hadn't before in his last 10 such presentations: He addressed climate change head-on.
ExxonMobil said it has made a significant oil and gas discovery offshore Nigeria.
ExxonMobil said it will begin drilling its first exploratory well off the coast of Liberia next month.
ExxonMobil asked a federal court on Monday to throw out a subpoena from New York state which would force the firm to handover decades of documents as part of a wide-ranging inquiry into whether it misled investors about climate change risks.
InterOil said it has been given approval by the Supreme Court of Yukon for its deal with ExxonMobil.
Exxon Mobil Corp. was ordered to pay a record $74 billion fine in Chad for underpaying royalties in the central African nation where the company has been drilling for 15 years, according to a court document.
Environmentalists have filed the first civil lawsuit against ExxonMobil for allegedly not accounting for climate change in maintaining oil storage facilities in the US.
ExxonMobil will pay out $12million to Montana and the US government as part of its oil spill settlement.
The Attorney General of New York is investigating ExxonMobil's accounting practices and why they company hasn't written down the value of its assets, despite a steep drop in oil prices, according to reports.
ExxonMobil and Oil Search has taken stakes in a pair of deepwater licenses offshore Papua New Guinea.
When it comes to natural gas, Exxon Mobil Corp. believes in playing the long game.
Downstream can be the lynchpin to recovery, it was today said.
ExxonMobil is looking to agree sales contracts for spot cargoes to soak up excess production from its liquefied natural gas project in Papua New Guinea, a news report said.
Italian energy firm Eni is in talks with four companies over the sale of 20% of its Zohr gas field in Egypt, a news report said, citing unidentified banking sources.
US energy giant ExxonMobil yesterday revealed a 59% drop in second quarter earnings, blaming low crude prices and weak returns from refining. ExxonMobil, which has an interest in about 40 producing North Sea oil and gas fields, said its global upstream earnings slumped 82% year-on-year to $294million (£223million) during the three months. Downstream earnings came to £625million, down £516million from the second quarter of 2015.
Exxon Mobil Corp. agreed to acquire natural gas explorer InterOil Corp. for as much as $3.6 billion to add discoveries in Papua New Guinea that will feed the buyer’s existing export plant.
Total is said to be unlikely to take on ExxonMobil in a bidding war for explorer Interoil.