Search results for: exxonmobil

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  • 29 January 2012

    ExxonMobil and TonenGeneral Sekiyu K.K have entered into an agreement which will result in the restructuring of ExxonMobil’s holdings in Japan. Under the terms of the agreement, TonenGeneral Sekiyu will purchase ExxonMobil’s shares in ExxonMobil Yugen Kaisha, integrating ExxonMobil Yugen Kaisha’s marketing operations with its existing manufacturing operations. This will result in a single, integrated […]

  • 31 March 2014
    Business & Finance

    The ExxonMobil Subsidiaries in Malaysia today announced that Ernest Miller has been appointed Vice President of ExxonMobil Exploration and Production Malaysia Inc. (EMEPMI) and Executive Financial Director of the ExxonMobil Subsidiaries in Malaysia with effect from April 1, 2014.   Prior to his appointment, Miller was Controller of EMEPMI. He began his career with EMEPMI […]

  • 22 July 2016
    Business & Finance

    ExxonMobil and InterOil have announced an agreed transaction worth more than $2.5 billion, under which ExxonMobil will acquire all of the outstanding shares of InterOil. “This agreement will enable ExxonMobil to create value for the shareholders of both companies and the people of Papua New Guinea,” said Rex W. Tillerson, chairman and chief executive officer of Exxon […]

  • 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.

  • 21 March 2011
    Business & Finance

    ExxonMobil will demonstrate its leadership across the natural gas value chain at the 2011 Gastech Conference and Exhibition, March 21 – 24 at the RAI Exhibition Center in Amsterdam. Celebrating its 25th conference, Gastech brings together leaders in the world’s professional gas community to address issues impacting the industry and its future. On Tuesday, March […]

  • 14 July 2017

    US-based energy giant and LNG player ExxonMobil has along with co-venturers Hess and Statoil, signed a production sharing contract for Block 59 offshore Suriname with state-owned Staatsolie Maatschappij Suriname. The block adds significant acreage to ExxonMobil’s operated portfolio in the Guyana-Suriname Basin. Deepwater Block 59 is in water depths ranging from nearly 2,000 meters to […]

  • 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 March 2018

    US energy giant ExxonMobil has outlined a growth strategy targeting a 100 percent increase in earnings by 2025 at 2017 prices. 

  • 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 […]

  • 8 February 2018
    Business & Finance

    ExxonMobil has added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183 percent of production.

  • 14 February 2014
    Business & Finance, Operations & Maintenance, Research & Development

    ExxonMobil Corporation announced the start of natural gas production at the Damar field off the east coast of Peninsular Malaysia. ExxonMobil subsidiary, ExxonMobil Exploration and Production Malaysia Inc., has a 50 percent interest in the project. The Damar field has a projected capacity of 200 million cubic feet of gas per day. ExxonMobil and joint-venture […]

  • 23 May 2018

    ExxonMobil devised a plan for greenhouse gas emissions reduction by 2020, including a 15 percent decrease in methane emissions and a 25 percent reduction in flaring.

  • 23 January 2018

    Oil major ExxonMobil has been named the 2017 Explorer of the Year by the World Oil and Gas Council.

  • 31 May 2018

    US energy giant ExxonMobil plans to more than double its earnings potential by 2025 while continuing research into lower-carbon technologies to address the risks of climate change.

  • 18 December 2013
    Business & Finance

    Hydratight’s safety team including Ryan Russell, Crystal Mitchell, Lee Byars, Masera Turkson and the Hydratight Orange, TX team, has been awarded The ExxonMobil Contractor Safety Award. The award is given in recognition of Hydratight’s exemplary efforts, their strong involvement and commitment to ExxonMobil’s safety programs, and for their overall strong safety performance in 2012. The […]

  • 30 March 2018

    U.S. oil major ExxonMobil won the biggest number of blocks – eight – in Brazil’s bidding round for offshore acreage held on Thursday.

  • 3 August 2020
    Business & Finance, Business developments & projects, Market outlooks, Outlook & strategy

    Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.

  • 12 June 2013
    Business & Finance, Equipment

    Rosneft and ExxonMobil yesterday signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the Arctic Research and Design Center for Continental Shelf Development, the ARC will provide the Rosneft and ExxonMobil joint ventures a full range of […]

  • 11 December 2017

    ExxonMobil has discovered oil in its EG-06 block offshore Equatorial Guinea. This was revealed on Monday by the country’s energy ministry which said that the well had been drilled in October 2017, and that ExxonMobil was assessing potential commerciality. Avestruz-1 is located approximately 160 kilometers offshore Malabo in an exploration area adjacent to ExxonMobil’s Zafiro […]

  • 7 March 2017

    US-based energy giant and LNG player ExxonMobil said on Monday it would invest $20 billion through 2022 to expand it business along the U.S. Gulf Coast. The investments at 11 sites in Texas and Louisiana would create over 45,000 jobs, Darren Woods, Chief Executive of ExxonMobil said in a speech at CERAWeek. “The United States is a […]

  • 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 […]

  • 6 March 2019

    US energy giant ExxonMobil updated its growth plans expecting annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins.