Oil and gas markets may be tight for another three to five years as the industry tries to catch up with underinvestment in new production due to the pandemic, ExxonMobil CEO Darren Woods said June […]
Exxon has claimed waiving the Jones Act vessel requirements will tame prices Tools at Biden administration’s disposal are limited: analyst Waiving a century-old shipping law to let foreign-flagged vessels transport fuel between US ports — […]
IRVING, Texas–(BUSINESS WIRE)–ExxonMobil today released the following statement in response to a letter from President Biden. We have been in regular contact with the administration to update the President and his staff on how ExxonMobil […]
US President Joe Biden speak about the economy and inflation from the deck of the USS Iowa at the … [+] Port of Los Angeles on June 10, 2022. – US inflation surged to a new four-decade […]
WASHINGTON, June 2 (Reuters) – The White House is considering congressional proposals that could tax oil and gas producers’ profits in order to provide a benefit to consumers struggling with higher energy prices, a U.S. […]
Guyana’s Vice President Bharrat Jagdeo said the government would not conduct additional seismic studies on offshore oil blocks that are set to be auctioned in September. “The price of oil is high, and I think […]
Rystad: Global oil and gas investment is set to rise by 20% this year. In the United States, investment in shale is set to increase by 35%. Oil frontiers like Guyana, Brazil, West-Africa and Australia are […]
Efforts by brave states like Texas and West Virginia in fighting back against companies like BlackRock who demand divestment from any activity involving the extraction of fossil fuels is having an effect. The divestors are beginning to squeal […]
ExxonMobil has announced that it has signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million. The deal includes additional payments, […]
ExxonMobil signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional payments contingent on future natural gas prices. – […]
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