ExxonMobil | Egypt Oil & Gas - Part 8

ExxonMobil Focuses on Higher-Value Lubricants, Cleaner Fuels for Singapore Project

 As part of its Singapore Resid Upgrade Project and as demand for cleaner fuels and distillates are growing, ExxonMobil will upgrade its residual production into higher-value lubricant base stocks and cleaner fuel ...

ExxonMobil CEO Expects That Energy Market Volatility Will Take Time to End

In an interview on Tuesday, ExxonMobil CEO Darren Woods said he expects the oil market to remain tight for three to five years.

Neptune Energy, ExxonMobil, Rosewood, EBN to Work Together on L10 Carbon Capture and Storage

A cooperation agreement has been signed between Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. to progress the L10 large-scale offshore carbon capture ...

ExxonMobil Shares Its Strategy to Grow Shareholder Value

By delivering solutions that help meet global energy needs and reduce greenhouse gas emissions, ExxonMobil plans to grow shareholder value. At the annual meeting of shareholders, Darren Woods, chairman and chief e ...

Equinor, ExxonMobil to Expand Production in Brazil 

Equinor SA and Exxon Mobil Corp announced that they have taken the first steps to expand thier oil development in Brazil with costs $8 billion.

ExxonMobil, Petramina Join Forces in Carbon Capture and Storage

ExxonMobil and Indonesia's state-owned energy company Pertamina have signed a joint study agreement to assess the potential for large-scale implementation of lower-emission technologies, such as carbon capture and ...

ExxonMobil Suspends Russian Far East LNG Project

ExxonMobil has suspended its liquefied natural gas project in Russia's Far East after the company announced plans to leave the country following Western sanctions.

ExxonMobil’s Fourth Project in Guyana Receives Approval

ExxonMobil announced that it has gotten the approval form the South American Country’s Environmental Protection Agency to start work it its fourth project in Guyana.

QatarEnergy to Acquire 40% of Offshore Block in Egypt

Qatar Energy entered an agreement with ExxonMobil to obtain 40% working interest in an offshore exploration block in Egypt. The agreement is pending governmental customary approval.

ExxonMobil Intensely Working Through Options for Exiting Russian Venture

ExxonMobil is currently working through options on how to proceed to withdraw from its Russian venture.

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