Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.
Read More »European Refiners Set to Benefit from Gulf Coast Chaos
The East Coast of the U.S. could avoid supply disruptions for the time being because of adequate storage.
Read More »Exxon Restarting Second-Largest U.S. Refinery
The company said it began initial restart of the 560.500 barrel per day (bpd) Baytown refinery on Friday night.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Largest US Oil Refinery Closes Due to Harvey
Gasoline prices spike as quarter of country’s oil refining capacity taken offline.
Read More »ExxonMobil Completes Takeover of One World’s Largest Aromatics Plants
The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.
Read More »Baker Hughes Reports 6 Drilling Rigs Taken Offline
The rig count now stands at 940 overall. with four oil rigs and two natural gas rigs removed.
Read More »ExxonMobil Discovers Additional Oil in Guyanese Offshore Field
Other stakeholders in the Stabroek Block are Hess Guyana Exploration which has a stake of 30% and CNOOC Nexen Petroleum Guyana which holds the remaining stake of 25%.
Read More »Tillerson May End Job at State
Tillerson has a growing list of differences with the White House. including a new debate over Iran policy and personnel.
Read More »Key Facts about ExxonMobil and Its Business in Russia
In 2016. ExxonMobil'.s refining amounted to 4.268.000 barrels per day (a decrease of 3.7%).
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