ExxonMobil is conducting field trials of eight emerging methane detection technologies, including satellite and aerial surveillance monitoring, at nearly 1000 sites in Texas and New Mexico, US, to further reduce methane emissions. The field tests are evaluating effectiveness and scalability of a range of next-generation detection technologies that in addition …
Read More »Iraq Wants 30% Capex Cut from Foreign Oil Firms
Iraq, one of the oil producers worst hit by the oil price crash, is proposing that all foreign oil firms operating in OPEC’s second-largest producer cut their budgets by 30 percent on the condition that crude production levels do not suffer, Reuters reported on Friday, quoting local officials and industry …
Read More »Global Ethylene Capacity Additions Led by ExxonMobil
ExxonMobil is set to have large ethylene capacity additions primarily in China and the US.
Read More »Six Major Oil Companies towards Renewable Energy Sources
BP was the first oil major to commit significant capital to renewable projects. such as wind and solar. from 1980 onwards.
Read More »Top Oil Firms Using Drones in Oil Industry
Drone makers are cooperating with oil and gas firms to develop custom drones equipped with data collection technology to obtain real-time insights.
Read More »Exxon to Sell $25B of Oil and Gas Fields in Europe. Asia and Africa
Exxon'.s shares heavily underperformed relative to other Oil Majors over the past five years.
Read More »ExxonMobil to Help Build LNG Terminal in Pakistan
US energy giant ExxonMobil is planning to build the third LNG terminal in Karachi as a joint-venture partner.
Read More »Big Oil are Poised to Do a Record Number of Clean Energy Deals
Investment in upstream oil and gas projects tends to be high-return but risky.
Read More »WoodMac Anticipates ExxonMobil’s Divestment Targets in Asia Pacific
The bigger challenge facing ExxonMobil is availability of buyers.
Read More »Qatar Seeks Big Players for Gas Expansion
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.
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