ExxonMobil eyeing return to Russia - report
ExxonMobil is considering an opportunity of returning to the Russian market, The Wall Street Journal reports, citing sources.
Exxon Mobil
ExxonMobil to help SOCAR in exploring onshore oil production
The State Oil Company of the Azerbaijan Republic (SOCAR) and U.S. ExxonMobil Corporation signed a deal agreeing to explore onshore oil and gas production in Azerbaijan.
Oil market braces for prolonged downturn
The global oil market is poised to enter a prolonged downturn in crude prices, potentially lasting several years. The world's largest oil companies, including BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are taking …
ExxonMobil offers Türkiye to buy U.S. gas
Türkiye is in talks with U.S. energy company ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas, Turkish Energy Minister Alparslan Bayraktar said. Türkiye is seeking to build a …
Unstable Kazakhstan a big risk for energy markets
Protests that broke out in Kazakhstan, the world's biggest uranium exporter and the top oil and coal producers, unnerved energy markets, …
U.S. oil majors downgraded by S&P
Exxon Mobil Corp., Chevron Corp. and ConocoPhillips had their credit ratings lowered after S&P Global Ratings followed through on its recent warning and revised the industry’s risk profile due to climate change and weak earnings. …
Chevron and Exxon discuss merger last year
The chief executives of American oil companies ExxonMobil and Chevron held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to …
Is Big Oil Doomed To Repeat The Coal Industry's Mistakes?
Until this year, alarmists proclaiming the end of oil were often dismissed as crackpots or overly optimistic environmentalists
Exxon wins U.S. suit over $2 million Ukraine-sanctions fine
Exxon Mobil Corp. won a lawsuit challenging a $2 million fine levied against it by U.S. Treasury Secretary Steven Mnuchin after the company allegedly violated Ukraine-related sanctions with a series oil and gas deals in Russia, …
Uzbekistan comes under pressure from external actors
Washington warned Tashkent that joining the EEU is undesirable
Putin may meet Exxon's chief on October 2
Russian President Vladimir Putin and head of U.S. energy giant Exxon Mobil Darren Woods may meet in Moscow on October 2 on the fringes of Russian Energy Week conference, Kremlin spokesman Dmitry …
The Tesla effect: Oil is slowly losing its best customer
The rise of Tesla (TSLA) and electric vehicles broadly pose an existential threat to the oil industry
ExxonMobil to study hydrocarbon resources in western Georgia
ExxonMobil will evaluate the potential of hydrocarbons in western Georgia within the agreement on conducting fieldworks on hydrocarbon resources in Georgia, which was signed by the LEPL State Agency for Oil and Gas of the Ministry of Economy and …
Exxon Mobil discuss new projects with Russia?
Bloomberg, citing its sources, reported that Russia has started discussions with Exxon Mobil Corp. over possible new oil and gas projects. According to the agency, several options were prepared for Exxon, including in natural gas, …
Lukoil climbs to 2nd place in energy company rankings
Russia's oil major Lukoil rose from 6th to 2nd place in the 2018 S&P Global Platts Top 250 Global Energy Company Rankings 2018. Gazprom fell to 17th place in the rating, down from 1st place in the 2017 rankings. …
There are fears about an oil spike above $150
Prices could surge past 2008 highs if new reserves not found
Kazakhstan does not want to reduce oil production
Energy Minister says Kashagan would produce some 200,000 bpd in H2 2018, and then possibly 300,000 bpd by year-end. “Today, our daily production rate is 1.8 million barrels…we are not …
ExxonMobil quits joint projects with Russia’s Rosneft
Exxon Mobil Corp said it will exit joint ventures with Russia’s Rosneft, citing US and European Union sanctions. Exxon Mobil said in its annual report sent to the US Securities and Exchange Commission (SEC) on Wednesday that it …
American ExxonMobil becomes shareholder of BTC oil pipe
American oil company ExxonMobil became a shareholder of BTC Co., which manages the Baku-Tbilisi-Ceyhan oil pipeline, reads BP's report on the results of activities in Azerbaijan in 2017, AzerNews reports. ExxonMobil acquired 2.5 …
Can Gulf states ever find a way to cooperate over oil production?
Unitisation of joint fields is a way of shoring-up economic diplomacy in an unstable region