Tag Archives: Exxon Mobil Corporation

US energy giant ExxonMobil is planning to build the third LNG terminal in Karachi as a joint-venture partner.

Investment in upstream oil and gas projects tends to be high-return but risky.

The bigger challenge facing ExxonMobil is availability of buyers.

Qatar is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently.

This is an auction for big players given the volume of oil involved.

The five new terminals could collectively triple Pakistan’s LNG import capacity.

Exxon produces around 80.000 barrels of oil and 441 million cubic feet of gas a day in the British North Sea.

Three of the oil officials said Exxon had costed the project at higher than Hyundai’s $2.4 billion.

The deal will involve the development of two oil fields in southern Iraq.

The state of emergency was declared as a precaution because of floods that hit the region over winter and spring.