Tag Archives: Exxon Mobil Corporation

ExxonMobil to Proceed with China Mega Chemical Project Investment

US energy giant ExxonMobil has made a final investment decision on a multi-billion-dollar chemical complex in Guangdong province in southern China. The greenfield project includes a 1.6m tonne/year flexible feed steam cracker, three performance polyethylene (PE) lines, and two differentiated performance polypropylene (PP) lines, ExxonMobil said late on Monday. Construction …

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QatarEnergy Farms into Exploration Block Offshore Canada

QatarEnergy has signed an agreement with ExxonMobil to farm into an exploration license offshore the province of Newfoundland and Labrador in Canada, it said on October 24. The transaction has received all necessary consents from the Canada- Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). According to the agreement, QatarEnergy will …

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ExxonMobil Strategy for Climate Change

Dissident shareholders of ExxonMobil have won two seats on the company’s board of directors. The election “will likely force it to alter its fossil-fuel focused strategy and more directly confront growing shareholder concerns about climate change,” according to The Wall Street Journal. Fossil fuels are probably on the decline long-term, …

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