Tag Archives: Exxon Mobil Corporation

The MoU was signed during the Asia Pacific Economic Conference (APEC) in Port Moresby.

ExxonMobil was heavily criticized over its slower move to embrace the concerns of climate change.

Exxon still sees a bright future for the oil industry. with 2.5 billion people set to enter the middle class in the next 20 years.

Within the scope of the Agreement. the company will evaluate the potential of hydrocarbons in West Georgia.

Exxon’s role in covering up the impact of climate change has come to light in the recent years.

The US energy giant is currently participating in just one major project – Sakhalin-1.

Turkey claims that parts of some blocks Cyprus has designated for drilling fall inside its own continental shelf.

ExxonMobil is active worldwide in the development. production. and sale of crude oil and natural gas.

The move marks a reversal for these companies - which did not join the Oil and Gas Climate Initiatives (OGCI) when it was set up in 2014.

Exxon. Chevron and Occidental are now the first U.S. energy companies to join the Oil and Gas Climate Initiative.