ExxonMobil

  • ExxonMobil Acquires Offshore Exploration Concession in Egypt

    ExxonMobil Acquires Offshore Exploration Concession in Egypt

    Tuesday, 5th January 2021

    ExxonMobil Egypt (Upstream), in cooperation with Tharwa Petroleum Company, signed an agreement with the Egyptian Natural Gas Holding Company (EGAS) to acquire a concession covering more than 4,000 km2 in the Star marine area in Egypt.

  • El Molla Signs 9 New Oil and Gas Agreements Worth More than $1B

    El Molla Signs 9 New Oil and Gas Agreements Worth More than $1B

    Sunday, 3rd January 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed 9 new agreements worth more than $1 billion for drilling 17 new exploration wells to search for petroleum and natural gas in Mediterranean, and the Red Sea with six international and Egyptian companies.

  • Exxon Studies Investing about $240 M in Baton Rouge Refinery

    Exxon Studies Investing about $240 M in Baton Rouge Refinery

    Thursday, 17th December 2020

    Louisiana Governor, John Bel Edwards, stated that ExxonMobil Company is studying to invest more than $240 million from Baton Rouge refinery, from which it is producing 517,700 barrels per day (b/d).

  • ExxonMobil Announces New Emission Reduction Plan

    ExxonMobil Announces New Emission Reduction Plan

    Tuesday, 15th December 2020

    ExxonMobil announced a new plan for reducing greenhouse gas emissions by 15-20% in addition to methane intensity by 40-50% and flaring gas by 35-45% by 2025.

  • ADNOC, ExxonMobil Sign Technology R&D Agreement

    ADNOC, ExxonMobil Sign Technology R&D Agreement

    Sunday, 13th December 2020

    The Abu Dhabi National Oil Company (ADNOC) has signed with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain.

  • ExxonMobil in Talks to Buy Stakes in Indian Oil fields

    ExxonMobil in Talks to Buy Stakes in Indian Oil fields

    Wednesday, 2nd December 2020

    Indian Oil Minister, Dharmendra Pradhan, stated that ExxonMobil is on talks to buy a stake in oil and gas fields in India.

  • Exxon to Spend $16- $19 billion on Investments in 2021

    Exxon to Spend $16- $19 billion on Investments in 2021

    Tuesday, 1st December 2020

    ExxonMobil announced in its business plan that it expects to spend $16-$19 billion in capital and exploration investments during 2021 in addition to $20 to $25 billion annually through 2025 to continue its investment pace.

  • El Molla: Cooperation Essential to Secure Energy’s Future

    El Molla: Cooperation Essential to Secure Energy’s Future

    Wednesday, 11th November 2020

    Cooperation between countries is a must to overcome the Covid-19 pandemic and its repercussions on the energy future to secure energy needs, Tarek El Molla, Minister of Petroleum and Mineral Resources, stated during the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC).

  • ExxonMobil to Develop Payara Field Offshore Guyana 

    ExxonMobil to Develop Payara Field Offshore Guyana 

    Thursday, 1st October 2020

    ExxonMobil has come to a final investment decision (FID) to proceed with developing the Payara field offshore project after receiving approval from the government.

  • MoP, EOG-CSR Offer Second Batch of Anti-Coronavirus Aid Supply to Medical Community

    MoP, EOG-CSR Offer Second Batch of Anti-Coronavirus Aid Supply to Medical Community

    Thursday, 17th September 2020

    The Ministry of Petroleum and Mineral Resources, and Egypt Oil & Gas (EOG) Technical Committee through its Corporate Social Responsibility (CSR) subcommittee have sent the second batch of medical equipment today, Thursday 17, to support the medical community amid the coronavirus (COVID-19) outbreak.