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The US company stated that it would invest billions of dollars.
Read More »China. ExxonMobil Discuss over $10bn Investment
U.S. Sells 11 mil. Barrels of Oil Reserves to Exxon. 5 Others
Sale of the oil from the reserve was mandated by previous laws to fund the federal government and to fund a drug program.
Read More »ExxonMobil will Support $2bn Permian Highway Pipeline Project in US
The Permian Highway Pipeline will provide additional capacity for reliable transportation of natural gas to the U.S. Gulf Coast.
Read More »Exxon Is Close To Discover A Mega Oil Reserves
Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.
Read More »Big Oil Shifts from Profits to Production
A rebound in crude prices helped the world’s energy supermajors generate higher profits in the second quarter.
Read More »US Oil Companies Ask Congress Not to Ramp Up Russia Sanctions
Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.
Read More »Exxon. Total Win Tender to Explore Oil and Gas Off Greece
Exxon and Total are currently exploring off Cyprus.
Read More »Big Oil CEOs Warn Trump Tariffs Hurting Oil Sector
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
Read More »ExxonMobil Mulls Importing LNG to Australia
The facility could open by 2022.
Read More »ExxonMobil to Start Drilling Off Shore in Guyana
ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.
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