Exxon

  • Aramco Accounts Reveal Low 2017 Downstream Profits

    Aramco Accounts Reveal Low 2017 Downstream Profits

    Tuesday, 17th April 2018

    The majority of Saudi Aramco’s profits in the first six months of 2017 came from its upstream ventures, with the company’s downstream profits remaining far behind those of its major rivals.

  • Iraq Postpones Oil, Gas Bidding Round

    Iraq Postpones Oil, Gas Bidding Round

    Tuesday, 17th April 2018

    Iraq has postponed its bidding session for 11 new blocks until April 25, the bidding round was originally planned to take place on April 15.

  • Oil Companies Eye Developing 11 Iraqi Oil, Gas Fields

    Oil Companies Eye Developing 11 Iraqi Oil, Gas Fields

    Sunday, 1st April 2018

    Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15.

  • BP to Buy LNG from Mozambique’s Area 4

    BP to Buy LNG from Mozambique’s Area 4

    Wednesday, 5th October 2016
    BP has agreed to a 20-year deal with Eni to buy liquefied natural gas (LNG) from a big new field off the coast of Mozambique.
  • Iraq to Review Oil Foreign Contracts

    Iraq to Review Oil Foreign Contracts

    Tuesday, 23rd August 2016
    Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.
  • Nigerian Militants Blast Shell Oil Pipeline

    Nigerian Militants Blast Shell Oil Pipeline

    Monday, 1st August 2016
    Nigerian militants blew up a crude pipeline operated by Anglo-Dutch oil giant Shell in the south region of Odimodi community, in the Delta state.
  • Venezuela Lays Claim to Guyana Oil Field

    Venezuela Lays Claim to Guyana Oil Field

    Sunday, 16th August 2015
    Venezuela is laying claim to massive oil and gas reserves recently discovered by Exxon Mobil off the coast of Guyana, reported the Chicago Tribune.
  • ExxonMobil-led Strikes Oil Offshore Angola

    ExxonMobil-led Strikes Oil Offshore Angola

    Monday, 4th May 2015
    Exxon Mobil Corporation has announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule at the Kizomba Satellites Phase 2 project offshore Angola.
  • Shell and Exxon Beat Earnings Expectations Amid Low-Price Environment

    Shell and Exxon Beat Earnings Expectations Amid Low-Price Environment

    Monday, 4th May 2015
    The low oil prices that have been dogging the energy industry led to dramatically lower quarterly earnings for Royal Dutch Shell and Exxon Mobil, but the two giant companies did better than analysts had expected.
  • Anadarko Plans to Sell Mozambique Gas Assets to Exxon

    Anadarko Plans to Sell Mozambique Gas Assets to Exxon

    Monday, 20th April 2015
    Anadarko Petroleum is considering selling its multi-billion dollar stake in Mozambique's giant gas reserves, with Exxon Mobil and Qatar Petroleum [QATPE.UL] both showing interest, banking and industry sources said.