Search results for: exxon

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  • 24 April 2017

    Oil behemoth ExxonMobil will not get a permission from the U.S. to drill in the Russian part of the Black Sea. To remind, some parts of Russia have been off limits for the U.S. oil companies due to the economic sanctions against Russia. Last week, media reported that Exxon was seeking a waiver which would […]

  • 6 September 2019
    Business & Finance

    The company is reportedly leaving Norway after more than 125 years of operation there

  • 14 December 2015
    Business & Finance

    American oil and gas major ExxonMobil has promoted Darren W. Woods to the role of president of ExxonMobil Corporation and a member of the board of directors. The appointment will be effective January 1, 2016. According to ExxonMobil, with the addition of Woods, the company’s board is now comprised of 13 directors, 11 of whom […]

  • 5 October 2017

    U.S. oil major ExxonMobil on Thursday announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot adds to Exxon’s  previous discoveries at Liza, Payara, Snoek and Liza Deep wells in the Stabroek Block. Following completion of the Turbot-1 well, the Stena Carron drillship will move to the Ranger prospect. […]

  • 22 July 2019

    Oil production from the Hibernia platform remains shut

  • 7 June 2017

    Exxon Mobil Corp said on Tuesday that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle East.

  • 28 May 2015

    Exxon Mobil Corporation shareholders have elected Doug Oberhelman to its board of directors. Oberhelman is chairman of the board of directors and chief executive officer of Caterpillar Inc. With the election of Oberhelman, the ExxonMobil board stands at 12 directors, 11 of whom are non-employee directors. Oberhelman was named CEO and chairman of Caterpillar’s board […]

  • 15 May 2019
    Project & Tenders

    The government of Mozambique has approved the development plan for the Rovuma LNG project led by Exxon and Eni.

  • 1 June 2017
    Business & Finance

    Edward E. Graham has been appointed as the President and Chairman of ExxonMobil Exploration and Production Malaysia Inc. and chairman of the ExxonMobil Subsidiaries in Malaysia with effect from June 1, 2017. He succeeds See Kok Yew, who has assumed the position of Vice President, Global Real Estate & Facilities, ExxonMobil Global Services Company, located […]

  • 4 March 2019

    ExxonMobil last week made what was described a major gas discovery offshore Cyprus, joining Eni and Noble Energy in making significant gas finds in the eastern Mediterranean. While at first, this is good news for the company and Cyprus, analysts worry the find might fuel the Cyprus dispute with the Turkish side, and say it might be years before the find is put to production.

  • 6 October 2017

    Guyana, a non-oil producing country resting on the northern coast of South America, might soon become an oil and gas powerhouse in the region. This is according to the energy analytics company Wood Mackenzie, whose analysts commented on Guyana’s energy potential following Exxon’s report on Thursday of yet another offshore oil discovery in the country’s […]

  • 5 December 2016
    Business & Finance

    U.S. oil giant ExxonMobil has named Neil Duffin as the new President of ExxonMobil Production Company. He will succeed a retiring Tom Walters who will be leaving the company after more than 38 years of service. ExxonMobil said on Friday that Neil Duffin, currently president of ExxonMobil Development, was appointed as the President of ExxonMobil […]

  • 27 November 2014

    Canadian Overseas Petroleum Limited along with its partner, ExxonMobil, remain committed to completing their work program and obligations under the LB 13 amended and restated Production Sharing Contract (“PSC”) dated March 31, 2013 when the situation (with Ebola) in Liberia improves, the Canadian oil firm said today.   COPL said that Nigeria’s NOCAL and ExxonMobil, […]

  • 26 May 2016
    Business & Finance

    US oil giant ExxonMobil has announced that Angela Braly has become the new member of its board of Directors. ExxonMobil said in a press release on Wednesday that with the election of Braly, the former chairman, president, and chief executive officer of health insurance company WellPoint – now known as Anthem, the ExxonMobil board stands […]

  • 21 May 2015
    Exploration & Production, Project & Tenders

    ExxonMobil recently discovered hydrocarbons offshore Guyana, while drilling the Liza-1 exploration well at the Stabroek block, located approximately 120 miles offshore Guyana. The oil discovery is significant, Exxon said.  According to Exxon, the well was drilled to 17,825 feet (5,433 meters) in 5,719 feet (1,743 meters) of water with the Deepwater Champion drillship. Stabroek Block is […]

  • 22 August 2019

    The sheen from the latest spill is reported to have dissipated.

  • 28 March 2016

    MILAN/LONDON (Reuters) – Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy into Eni’s gas development and this would be the U.S. firm’s first […]

  • 1 February 2019

    US energy giant ExxonMobil said it will streamline its upstream organization and centralize project delivery across the company to support plans to double operating cash flow and earnings by 2025.

  • 16 March 2011
    Business & Finance

    Exxon Mobil Corporation  said today it would donate $1 million to the Japanese Red Cross Society to provide disaster relief assistance in response to the recent earthquake and tsunami in Japan. The company has also implemented a worldwide program to match employee, retiree, dealer and distributor donations to Japanese disaster relief, up to a further […]

  • 7 August 2014

    Exxon Mobil Corporation’s board of directors has elected David S. Rosenthal as vice president and controller, and Jeffrey J. Woodbury as vice president of investor relations and secretary, effective September 1. Rosenthal, 58, is currently vice president of investor relations and secretary. He began his career with Exxon in 1979 as a financial analyst at […]

  • 27 February 2013
    Business & Finance

    Exxon Mobil, the largest publicly traded international oil and gas company,  announced yesterday that its board of directors is expected to appoint T.R. (Tom) Walters as president of ExxonMobil Production Company and R.S. (Rob) Franklin as president of ExxonMobil Gas & Power Marketing Company, effective March 1. Walters, currently president of ExxonMobil Gas & Power Marketing Company […]

  • 27 February 2013

    Exxon Mobil announced that its board of directors is expected to appoint T.R. (Tom) Walters as president of ExxonMobil Production Company and R.S. (Rob) Franklin as president of ExxonMobil Gas & Power Marketing Company, effective March 1. Walters, currently president of ExxonMobil Gas & Power Marketing Company and a vice president of the corporation, succeeds […]