ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover
Russia’s President Vladimir Putin has signed a decree that could enable foreign investors, including US. ExxonMobil, to reclaim their stakes in the Sakhalin-1 oil and gas project.
ExxonMobil | Egypt Oil & Gas - Part 3
ExxonMobil Begins Production from Yellowtail Project Offshore Guyana
US ExxonMobil has commenced production from Yellowtail, its fourth oil development in Guyana’s offshore Stabroek block, four months ahead of schedule. The company reported an initial average production of 250,000 ...
ExxonMobil Inks MoU for Developing Four Blocks in Libya
The National Oil Corporation (NOC), along with the major international oil company ExxonMobil, signed a new Memorandum of Understanding (MoU) after a decade of halt. Under the MoU, ExxonMobil will conduct a detail ...
ExxonMobil Signs a MOU to develop Azerbaijan’s oil and gas Resources
ExxonMobil Corporation and the State Oil Company of the Republic of Azerbaijan (SOCAR) signed a Memorandum of Understanding (MoU) to partner on enhancing Azerbaijan’s oil and gas resources. The agreement was signe ...
ExxonMobil Enters Exclusive Talks with North Atlantic for Esso Share Sale
ExxonMobil announced that it has entered exclusive negotiations with the French unit of Canadian energy group North Atlantic to sell the 82.89 % stake Exxon owns in the French subsidiary Esso, according to Reute ...
ExxonMobil Updates Madbouly on its Current and Future Plans in Egypt
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 ...
ExxonMobil to Invest $1.5B in Nigerian Oilfield
Nigeria’s oil regulator stated that ExxonMobil will invest $1.5 billion in developing its deepwater operations in the country.
ExxonMobil posts a 7% drop in profits, a cash flow of $13 billion in Q1 2025
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 Australia Invests $200M in Kipper 1B Project to Boost Gas Supply
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, QatarEnergy Explore Natural Gas Offshore Cyprus
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 ...
