ExxonMobil | Egypt Oil & Gas

ExxonMobil Reports Earnings of $6.5 Bn in Q4 2025

ExxonMobil reported full-year 2025 earnings of $28.8 billion, according to the company’s latest financial results. This figure represents a decline from the $33.7 billion recorded in the previous year. For the fou ...

ExxonMobil, Chevron Signal Interest in Venezuela Amid Sanctions Easing

US energy majors ExxonMobil and Chevron have expressed tentative interest in re-engaging with Venezuela’s petroleum sector following the easing of US sanctions, provided that the country establishes robust legal a ...

EGAS Reviews Exploration Activities with Arcius, ExxonMobil, QatarEnergy

The Egyptian Natural Gas Holding Company (EGAS) is accelerating offshore gas development through technical studies on undeveloped Mediterranean discoveries while advancing exploration programs through meetings wit ...

ExxonMobil Prepares to Restart Venezuelan Crude at Baton Rouge Louisiana Refinery

Exxon Mobil is making preparations to resume processing Venezuelan crude oil at its large Baton Rouge, Louisiana refinery. The facility, which has a capacity of about 522,500 barrels per day (b/d), previously hand ...

Exxon Mobil Keeps Venezuela Option Open Despite Trump Objections

Exxon Mobil remains interested in assessing a potential return to Venezuela and is prepared to send a technical evaluation team within weeks, despite U.S. President Donald Trump signaling he may block the company ...

Trump Weighs Blocking Exxon’s Return to Venezuela

U.S. President Donald Trump said he might block Exxon Mobil from investing in Venezuela after its CEO told him the country was currently unsuitable for investment during a previous White House meeting with at leas ...

ExxonMobil to Shut Singapore Steam Cracker by June 2026

ExxonMobil plans to permanently shut down the older of its two steam crackers on Singapore's Jurong Island, with closure beginning in March and full shutdown expected by June, Reuters reported, citing four sources ...

Exxon Mobil Eyes Lukoil’s Stake in Iraq’s West Qurna 2 Giant

Iraqi oil ministry officials said that ExxonMobil has reached out to express interest in acquiring Lukoil’s majority share in the massive West Qurna 2 oilfield, Reuters reported.

EGPC, ExxonMobil Sign Agreement to Boost Fuel Transport Safety

The Egyptian General Petroleum Corporation (EGPC) has signed a strategic Memorandum of Understanding (MoU) with ExxonMobil Egypt. The MoU is to enhance risk management, operational safety, and training across Egyp ...

Exxon Mobil, Chevron Weigh Bids for Lukoil International Assets

U.S. oil giant Exxon Mobil is evaluating potential acquisitions of overseas assets owned by sanctioned Russian producer Lukoil, sources familiar with the talks, reported. The move places Exxon alongside rival Chev ...

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