Minister of Petroleum and Mineral Resources, Karim Badawi, met with Dan Moore, Global Vice President of Lubricants at ExxonMobil, to discuss means of strengthening cooperation with the US oil and gas giant in the prod...
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 fourth ...
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 and p...
The Egyptian Natural Gas Holding Company (EGAS) is accelerating the development of undeveloped offshore discoveries through new technical partnerships and expanded exploration programs with global majors, including Ar...
Exxon Mobil is making preparations to resume processing Venezuelan crude oil at its large Baton Rouge, Louisiana refinery, industry sources said to Reuters. The facility, which has a capacity of about 522,500 barrels ...
Exxon Mobil remains interested in assessing a potential return to Venezuela and is prepared to send a technical evaluation team within weeks, despite US President Donald Trump signaling he may block the company from o...
US 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 least 17 o...
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 sourc...
ExxonMobil has approached Iraqi oil ministry officials to express interest in acquiring Lukoil’s majority share in the West Qurna 2 oilfield, Reuters reported. The field holds approximately 13 billion barrels of...
The Egyptian General Petroleum Corporation (EGPC) has signed a strategic Memorandum of Understanding (MoU) with ExxonMobil Egypt to enhance risk management, operational safety, and training across Egypt’s fuel transpo...