ExxonMobil, CNOOC, Shell Sign MoU to Pursue CCS Hub in China

A memorandum of understanding (MoU) has been signed between ExxonMobil, Shell, CNOOC, and the Guangdong Provincial Development & Reform Commission to evaluate the potential of a world-scale carbon capture and stor ...

North Ammonia, ExxonMobil, Grieg Edge, GreenH Sign MoU to Assess Low-Emissions Hub

An agreement signed by ExxonMobil, Grieg Edge, North Ammonia, and GreenH will study the potential production and distribution of green hydrogen and ammonia for low-emission marine fuels at ExxonMobil's Slagen term ...

ExxonMobil Enters Deal to Join Qatar’s Mega-LNG Expansion Project

Following agreements with TotalEnergies, Eni, and ConocoPhillips, Qatar Energy announced on Tuesday that it had signed a contract with ExxonMobil for the Gulf state's North Field East expansion. North Field East i ...

ExxonMobil Focuses on Higher-Value Lubricants, Cleaner Fuels for Singapore Project

 As part of its Singapore Resid Upgrade Project and as demand for cleaner fuels and distillates are growing, ExxonMobil will upgrade its residual production into higher-value lubricant base stocks and cleaner fuel ...

ExxonMobil CEO Expects That Energy Market Volatility Will Take Time to End

In an interview on Tuesday, ExxonMobil CEO Darren Woods said he expects the oil market to remain tight for three to five years.

Neptune Energy, ExxonMobil, Rosewood, EBN to Work Together on L10 Carbon Capture and Storage

A cooperation agreement has been signed between Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. to progress the L10 large-scale offshore carbon capture ...

ExxonMobil Shares Its Strategy to Grow Shareholder Value

By delivering solutions that help meet global energy needs and reduce greenhouse gas emissions, ExxonMobil plans to grow shareholder value. At the annual meeting of shareholders, Darren Woods, chairman and chief e ...

Equinor, ExxonMobil to Expand Production in Brazil 

Equinor SA and Exxon Mobil Corp announced that they have taken the first steps to expand thier oil development in Brazil with costs $8 billion.

ExxonMobil, Petramina Join Forces in Carbon Capture and Storage

ExxonMobil and Indonesia's state-owned energy company Pertamina have signed a joint study agreement to assess the potential for large-scale implementation of lower-emission technologies, such as carbon capture and ...

ExxonMobil Suspends Russian Far East LNG Project

ExxonMobil has suspended its liquefied natural gas project in Russia's Far East after the company announced plans to leave the country following Western sanctions.

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