Prime Minister Mostafa Madbouly met with John Ardill, Vice President of Global Exploration at ExxonMobil, at the government headquarters in the New Administrative Capital. The meeting reviewed the status of severa ...
Nigeria’s oil regulator stated that ExxonMobil will invest $1.5 billion in developing its deepwater operations in the country.
ExxonMobil Corporation announced its financial results for the Q1 2025 in which it achieved earnings amounts to $7.7 billion compared to $7.6 billion in Q4 2024 and $8.2 billion in Q1 2024.
ExxonMobil announced a nearly $200 million investment for the development of the Kipper 1B Project, aimed at bringing additional gas supply from the Gippsland Basin to the market before 2026. Approved by ExxonMobi ...
ExxonMobil and Qatar Energy have commenced exploratory drilling for natural gas in a prospect named Electra, located west of Cyprus, as announced by Cyprus President Nikos Christodoulides on X. The drilling operat ...
ExxonMobil Egypt (Upstream) Limited announced that it encountered gas bearing reservoirs after completing the drilling of the Nefertari 1 well in the North Marakia Block with the Valaris DS-9 drillship.
The fourth floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter of 2025, said John Hess, CEO of US oil producer Hess Corporation, dur ...
ExxonMobil said on Wednesday it had reached 500 million barrels (mmbbl) of oil production from Guyana’s Stabroek block since 2019, with aim to increase production capacity to over 1.3 mmbbl of oil per day by 2027 ...
Exxon Mobil Corp. has reached an agreement to sell its conventional oil drilling assets in the Permian Basin of Texas and New Mexico to Hilcorp Energy for approximately $1 billion, according to Reuters.
ExxonMobil reported earnings of $1.92 per share for Q3 2024, surpassing analysts' expectations of $1.88 per share. Although their year-to-date earnings decreased to $26.1 billion from $28.4 billion last year due t ...
