ExxonMobil | Egypt Oil & Gas - Part 6

ExxonMobil | Egypt Oil & Gas - Part 6

ExxonMobil Egypt Celebrates Kafr Elsheikh University’s Triumph in Enactus Egypt’s National Competition

ExxonMobil Egypt joined the final round of Enactus Egypt’s annual national competition, bringing together 1300 students.

ExxonMobil Announces $7.9B of Earnings in Q2 2023

ExxonMobil Corporation announced achieving earnings of $7.9 billion in Q2 2023. Meanwhile, the company’s exploration expenditures and capital recorded $6.2 billion during Q2 and $12.5 billion for the first half of ...

ExxonMobil Considers Selling Majority Stake in LNG Terminal Offshore Italy

ExxonMobil announced that it may sell its majority stake in the Rovigo liquefied natural gas (LNG) terminal, Italy's main regasification terminal, as part of a larger strategy to get rid of its non-core assets.

ExxonMobil Signs MoU with SFSD to Join the Bab Amal Program

ExxonMobil Egypt announced that it has signed a memorandum of understanding (MoU) with the Sawiris Foundation for Social Development (SFSD) to join its program “Bab Amal”, implemented by the Giving Without Limits ...

ExxonMobil to Build Largest Renewable Diesel Facility in Canada

ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will contribute an investment of $560 million to construct the largest renewable diesel facility in Canada.

Exxon to Start Up $2B Texas Oil Refinery Expansion

It is anticipated that this boost will make the Beaumont refinery the second largest in the United States with initial startup of 250,000 barrels per day crude distillation unit (CDU) at the 369,000 barrels per da ...

ExxonMobil to Sell Interest in Esso Thailand

ExxonMobil has sold its stakes in Esso Thailand which includes the Sriracha Refinery, select distribution terminals, and a network of Esso-branded retail stations, delivering on its commitment to strengthening val ...

ExxonMobil Secures Exploration Acreage Offshore Egypt

ExxonMobil announced that it has secured exploration rights to two blocks, Masry and Cairo, offshore Egypt. The blocks are located in the outer Nile Delta and cover more than 11,000 square kilometers.

ExxonMobil’s Corporate Plan to Potentially Double Earnings, Cash Flow, Increase Efforts in Lower-Emissions

ExxonMobil declared its next five-year corporate plan, with a significant increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. ...

ExxonMobil Doubles Polypropylene Production at Baton Rouge

ExxonMobil reported that its brand-new polypropylene manufacturing unit at the Polyolefins Plant in Baton Rouge, Louisiana, had successfully launched.

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