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HomeExxonMobil

ExxonMobil

Golden Pass
Exports

ExxonMobil CEO says Golden Pass plant to deliver first LNG in H2 2025

August 5, 2024 Mariel Alumit

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]

AI

The Energy Transition Won’t Happen

July 17, 2024 Andy Del Prado

Daily Standup Top Stories The “Energy Transition” Won’t Happen July 16, 2024 Mariel Alumit The laptop class has rediscovered a basic truth: foundational innovation, once adoption proceeds at scale, is followed by an epic increase in […]

ExxonMobil
Big Oil Companies

BREAKING NEWS: ExxonMobil unveils 30-well drilling campaign for seventh oil and gas project offshore Guyana

July 16, 2024 Mariel Alumit

(WO) – Reuters has reported that ExxonMobil is planning a potential 30-well drilling campaign for its seventh oil and gas project offshore Guyana, named Hammerhead. Hammerhead aims to start production in 2029, boosting Guyana’s oil […]

Guyana
International News

Guyana Taps U.S. Firm Led by Ex-Exxon Executive for Natural Gas Project

June 26, 2024 Mariel Alumit

The government of Guyana has picked Fulcrum LNG, a U.S. firm founded and led by a former senior executive at ExxonMobil, to develop the country’s natural gas resources. After scoring huge success in oil discoveries […]

ExxonMobil
Big Oil Companies

ExxonMobil allies with Air Liquide for its low-carbon hydrogen project in Texas

June 25, 2024 Mariel Alumit

U.S. energy major ExxonMobil and French industrial gas supplier Air Liquide have entered an agreement that is expected to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility, in the […]

ExxonMobil
Big Oil Companies

Federal judge tosses ExxonMobil lawsuit against activist investor Arjuna Capital

June 19, 2024 Mariel Alumit

(Bloomberg) – A federal judge dismissed a lawsuit by ExxonMobil against Arjuna Capital after a lawyer for the activist investor group vowed not to try to resurrect a shareholder policy opposed by the company. The […]

Golden Pass LNG
International News

QatarEnergy, ExxonMobil update on Golden Pass LNG work

June 12, 2024 Mariel Alumit

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas. State-owned QatarEnergy owns a 70 percent stake in the […]

Exxon
Big Oil Companies

Exxon beats activist investors by large margin

May 30, 2024 Mariel Alumit

A virtual meeting likely hasn’t seen this much tension since your family tried to play Quiplash during the pandemic. Most shareholders (95%) sided with Exxon Mobil yesterday during the company’s annual shareholder meeting, voting to reelect all […]

Rwanda
Big Oil Companies

Rwanda deploys 2,000 troops to natural gas rich Mozambique region hosting TotalEnergies, ExxonMobil projects

May 28, 2024 Mariel Alumit

(Bloomberg) – Rwanda deployed an additional 2,000 soldiers to natural-gas rich Mozambique, where Islamic State-linked violence that’s delayed a $20 billion TotalEnergies SE project for three years, has surged in recent months. The troops arrived […]

Crude Oil News

Deal Spotlight Episode #7: Exxon vs. Chevron for Hess and The Battle For Guyana

May 23, 2024 Michael Tanner

Guyana has emerged as one of the most prized oil assets over the last 10 years and the race to develop this asset is seen as critical to stable oil production growth over the next 10 years. Chevron has attempted to jump into this growth […]

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