ExxonMobil | Egypt Oil & Gas - Part 4

ExxonMobil Appoints Jim Chapman as Tax and Treasurer Vice President,

ExxonMobil announced that Jim Chapman has been appointed vice president, Tax and Treasurer, effective November 28, 2022. Jaime Spellings, who had worked for the company for 31 years, was replaced by Chapman.

ExxonMobil Makes Profits of $19.7B for Q3 2022

Exxon Mobil Corporation reported earnings of $19.7 billion for the third quarter of 2022, or $4.68 per share assuming dilution. The third-quarter results included one-time advantages from tax and other reserve adj ...

CF Industries, ExxonMobil, EnLink Midstream to Collaborate on Landmark Emissions Reduction Project

ExxonMobil and major hydrogen and nitrogen products producer CF Industries have reached the largest-ever commercial agreement to capture and permanently store up to 2 million metric tons of CO2 emissions annually ...

ExxonMobil Inks Agreement to Sell Share of Aera Energy Joint Venture

Affiliates of ExxonMobil have agreed to sell Green Gate Resources E, LLC, a division of IKAV, all of ExxonMobil's interests in the California oil production business Aera.

Four Oil Giants Halt Legal Action Against Nigeria’s NNPC

Four major oil giants, ExxonMobil, Shell, Chevron, and Equinor, have agreed to end their lawsuits that collectively attempted to enforce multibillion dollar arbitration awards against a Nigerian state-owned oil co ...

Europe Could Face More Russian Oil, Gas Cuts Due to Pipeline Damage

The Russian oil pipeline monopoly Transneft, a major shareholder in CPC, announced on Monday that it had to halt loadings from its SPM-1 and SPM-2 mooring points because of damage at "the attachment points of unde ...

Eni Announces Major Gas Discovery Offshore Cyprus

Eni announced that it has made a significant gas discovery in the Cronos-1 well, which was drilled in Block 6 in 2,287 meters of water depth, 160 kilometers off the coast of Cyprus. Eni Cyprus, the operator of The ...

Nigeria’s Buhari Approves Seplat’s Purchase of ExxonMobil’s Nigeria Unit

According to a statement released by the Nigerian government, Nigeria’s President Muhammadu Buhari has approved Seplat's purchase of ExxonMobil's Nigerian subsidiary, Reuters reported.

ExxonMobil to Expand Investments in Egypt

The Minister of Petroleum and Mineral Resources Tarek El Molla has met a delegation from ExxonMobil company chaired by  Hugo Detré , EAME Retail Sales and Marketing Manager of the company to discuss the ways of ex ...

ExxonMobil Egypt Praises Enactus Egypt’s Champion

ExxonMobil Egypt proudly joined the final round of Enactus Egypt’s annual national competition, bringing together 1,200 students. Ain Shams University Enactus team is the national champion of this competition wit ...

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