Exxon Mobil | Egypt Oil & Gas

ExxonMobil to Supply LNG to South Africa’s First Import Facility

Exxon Mobil has entered into a preliminary agreement to supply liquefied natural gas (LNG) to South Africa’s Zululand Energy Terminal (ZET), which is set to become the country’s first LNG import facility once construc...

Trump Administration Moves to Safeguard Venezuelan Oil Revenue

Trump signed an executive order on January 9 to protect Venezuelan oil revenues from creditors as part of a sweeping effort to stabilize the country’s economy and restore American energy operations following the remov...

Putin Extends Deadline for Sale of Exxon’s Sakhalin-1 Stake to 2027

Russian President Vladimir Putin has extended the deadline for the sale of ExxonMobil’s stake in the Sakhalin‑1 oil and gas project by one year, giving the US major until January 1, 2027, to complete an exit deal, Reu...

Aramco, ExxonMobil to Explore Major Expansion of Samref Refinery

Aramco and ExxonMobil have entered into a Venture Framework Agreement (VFA) with their joint venture, Saudi Aramco Mobil Refinery (SAMREF), to explore a major expansion and upgrade of the Samref refinery in Yanbu, Sau...

Gas Production at Groningen Gas Field to drop to 9.3 bcm

Natural gas production at the Groningen field in the Netherlands has been capped by the Dutch gas sector regulator at 9.3 billion cubic metres (bcm) until October 2021, according to Reuters. Current production at the ...

Algeria’s Proven Oil Reserves at 10 Billion Barrels

Algeria’s Energy Minister, Mohamed Arkab, has announced that Algeria’s proven oil reserves currently stand at 10 billion barrels, according to Reuters. Further to this, Mr. Arkab also announced that Algeria had an est...

Algeria’s Sonatrach signs MoU with ExxonMobil 

Algerian state-owned Sonatrach has signed a Memorandum of Understanding (MoU) with America’s ExxonMobil Corporation to pave the way for talks on exploration opportunities in Algeria, following a press release.  Accord...

Sonatrach Discusses Partnership with Exxon Mobil

Algeria’s state-owned Sonatrach discussed future partnerships with Exxon Mobil, a Sonatrach statement said on Monday, Reuters reported. The announcement came a week after Sonatrach sat with Chevron Corp., to confer en...

Iraq Refinery: Government Sets June 14 Bid Deadline

Iraqi officials have set June 14 as the deadline for investors to bid for the 100,000 b/d Kut refinery, according to Reuters. The refinery is one of several crude processing projects being established in Iraq as part ...

Abu Dhabi Signs Agreement to Increase Production from Upper Zakum

Abu Dhabi plans to increase the production capacity of its Upper Zakum oilfield to 1 million barrels per day (b/d) by 2024, Reuters reports. Abu Dhabi National Oil Company (ADNOC) Exxon Mobil, and Impex Corporation si...

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