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.
ExxonMobil
Statoil ranked first on green strategy league table, Shell and BP in top half
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.
Exxon’s Liza find in Guyana confirmed as commercial
ExxonMobil has fast-tracked its Stabroek block project offshore Guyana.
Exxon in talks with Chad over $74bn fine
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 adds New York to suit in bid to stop climate change probe
Exxon Mobil Corp. sued New York Attorney General Eric Schneiderman to stop his investigation into what the company knew about climate change.
Sunoco Logistics forms JV with ExxonMobil
Sunoco Logistics Partners said it has formed a joint venture with ExxonMobil.
InterOil says ExxonMobil still sweet on $2.5bn takeover
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 facing historic reserves reduction as slump persists
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.
Exxon enters no man’s land
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 makes 1billion barrel find offshore Nigeria
ExxonMobil said it has made a significant oil and gas discovery offshore Nigeria.
ExxonMobil to start drilling in Liberia next month
ExxonMobil said it will begin drilling its first exploratory well off the coast of Liberia next month.
ExxonMobil calls on federal court to throw out NY climate change case
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 gets backing from Supreme Court for ExxonMobil deal
InterOil said it has been given approval by the Supreme Court of Yukon for its deal with ExxonMobil.
Exxon is hit with fine from Chad five times country’s GDP
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 file first suit against ExxonMobil over oil storage
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 to pay $12million to settle oil spill
ExxonMobil will pay out $12million to Montana and the US government as part of its oil spill settlement.
ExxonMobil under investigation by New York Attorney General – reports
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.
Exxon, Oil Search team up for Papua New Guinea deepwater licenses
ExxonMobil and Oil Search has taken stakes in a pair of deepwater licenses offshore Papua New Guinea.
Exxon ignores near-term glut to play liquefied gas long game
When it comes to natural gas, Exxon Mobil Corp. believes in playing the long game.
ONS 2016: Downstream is pillar to recovery, says ExxonMobil
Downstream can be the lynchpin to recovery, it was today said.
ExxonMobil LNG project in Papua New Guinea targets long-term sales deals
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.
Eni in talks with quartet over Egyptian asset sale – report
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.
ExxonMobil profits nosedive 59% due to “volatile industry environment”
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 to buy gas explorer InterOil for up to $3.6billion
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 unlikely to take on ExxonMobil in Interoil bidding war, analysts say
Total is said to be unlikely to take on ExxonMobil in a bidding war for explorer Interoil.