HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 28.Sep.2025, Words: 580) — The US Gulf Coast possesses critical drivers needed to provide a lower-cost […]
Tag: Exxon
Trinidad officially closes 2025 Deep Water Competitive Bidding Round
PORT OF SPAIN, TRINIDAD AND TOBAGO (By MEEI, 18.Sep.2025, Words: 519) — On 17 Sep. 2025 the Ministry of Energy and Energy Industries (MEEI) officially […]
![Venezuela’s Delcy Rodríguez calls Guyana a pawn of Marco Rubio and ExxonMobil [statement]](https://energy-analytics-institute.org/wp-content/uploads/2025/05/delcy-rod-source-delcy.jpg)
Venezuela’s Delcy Rodríguez calls Guyana a pawn of Marco Rubio and ExxonMobil [statement]
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.Aug.2025, Words: 192) — Venezuela’s executive vice president Delcy Rodríguez labelled neighboring Guyana, which is on […]
Trinidad and Tobago PM Persad applauds Exxon deal for block TTUD1
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 18.Aug.2025, Words: 246) — “Trinidad and Tobago’s landmark multi-million-dollar partnership with ExxonMobil marks a pivotal step […]
UPDATED EAI brief: MEEI, Ramps and Exxon comment on Exxon PSC for block TTUD1
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.Aug.2025, Words: 505) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) signed a […]
Guyana production capacity at 900,000 b/d with start of 4th offshore project Yellowtail
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Aug.2025, Words: 288) — ExxonMobil Guyana announced the start of production at Yellowtail, the company’s fourth […]
ExxonMobil says 4th FPSO offshore Guyana related to Yellowtail arrives next week
HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 1.Aug.2025, Words: 236) — ExxonMobil Corporation expects the arrival next week of its fourth floating production, storage […]
![ExxonMobil reports strong 2Q:25 results [pdf downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/10/usa-exxon-building-source-energy-analytics-institute-scaled.jpeg)
ExxonMobil reports strong 2Q:25 results [pdf downloads]
SPRING, TEXAS (By Exxon, 1.Aug.2025, Words: 65) — ExxonMobil Corporation announced second-quarter 2025 (2Q:25) earnings of $7.1bn, or $1.64 per share assuming dilution. Cash flow […]
Exclusive: Exxon in talks with Trinidad for seven deepwater blocks, sources say
HOUSTON, TEXAS (By Curtis Williams, Reuters, 22.Jul.2025, Words: 487) — Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and […]
Chevron seals Hess deal as ExxonMobil’s Guyana challenge fails
(By Nilanjan Choudhury, Zacks, 21.Jul.2025, Words: 407) — Chevron Corporation (CVX) has finally completed its big purchase of Hess Corporation, a deal that was held up […]
Hess Corporation exits block 59 offshore Suriname
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Jul.2025, Words: 364) — Hess (Suriname II) Exploration Limited will relinquish Block 59 in offshore Suriname […]
EAI brief: arbitrators in Exxon v Hess fight reach decision on Chevron’s $53bn merger
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 3.Jul.2025, Words: 215) — Chevron Corporation seems 1 step closer to pushing its proposed $53bn acquisition […]
US Supreme Court rejects Exxon’s appeal of $14.25mn air pollution penalty
(By Nate Raymond, Reuters, 30.Jun2025, Words: 432) — The U.S. Supreme Court turned away Exxon Mobil Corp‘s bid to overturn a $14.25 million civil penalty that a judge imposed […]
Venezuela’s ‘Black Gold’: 4 original upgraders Sincor, Petrozuata, Cerro Negro and Hamaca
PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 8.Jun.2025, Words: 1,143) — Venezuela is blessed with numerous heavy-oil reservoirs, but none compares […]
LatAmNRG heard: Chinese takeover of Venezuelan refineries, Petrobras focus offshore Colombia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.May.2025, Words: 460) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Exxon eyes $10bn Yellowtail start-up and Hammerhead FID in 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 257) — Spring, Texas-based ExxonMobil Corporation looks to startup its 250,000 barrel per day (b/d) […]
EXIM Bank ranks CH4’s gas-to-energy project in Guyana as “deal of the year”
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 30.Apr.2025, Words: 305) — Puerto Rico-based engineering, procurement, construction (EPC) CH4 Systems received the US Export-Import Bank of the United […]
Bharrat Jagdeo says Guyana pondering piped-gas exports to Trinidad and Tobago
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.Apr.2025, Words: 389) — Oil-rich Guyana is pondering potential piped natural gas exports to neighboring Trinidad and […]
ExxonMobil again accused by Delcy Rodríguez of stoking aggression against Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Apr.2025, Words: 267) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez strongly denounced what she […]
New Wave Offshore Energy to Conduct MWS for ExxonMobil’s Whiptail Project Offshore Guyana
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Mar.2025) — New Wave Offshore Energy has been selected to conduct the Marine Warranty Survey (MWS) for […]
LatAmNRG Heard: US pressures IOCs in Venezuela, Ebrard’s FDI expectations
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 7.Mar.2025, Words: 435) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Exxon Applies for Longtail Environmental Permits: Reuters
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Feb.2025) — Spring, Texas-based ExxonMobil Corporation has reportedly applied for environmental permits related to its Longtail development […]
Exxon Selects Baker Hughes for Chemicals Services for Uaru and Whiptail Developments
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Feb.2025) — Baker Hughes revealed a significant award from ExxonMobil Guyana to provide specialty chemicals and related […]
ExxonMobil eyes Yellowtail development startup Offshore Guyana in 3Q:25
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation expects the startup of the 250,000 barrel per day (b/d) Yellowtail development in the […]
Exxon Eyes Production of 5.4 MMboe/d in 2030, Aided by Permian and Guyana Volumes
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation has an eye on boosting upstream production to around 5.4 million barrels per […]
![Exxon Mobil Reports 4Q:24 Earnings of $7.6bn [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2025/01/drone-source-exxon.png)
Exxon Mobil Reports 4Q:24 Earnings of $7.6bn [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Exxon Mobil Corporation announced fourth-quarter 2024 earnings of $7.6bn, or $1.72 per share assuming dilution. Cash […]
US Upstream M&A Deals Reach $105bn in 2024
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Jan.2025) — Enverus subsidiary Enverus Intelligence® Research (EIR), said upstream merger & acquisition (M&A) deals closed in […]
Chevron Boasts First Oil at Future Growth Project in Kazakhstan
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jan.2025) — Chevron Corporation‘s 50% owned affiliate Tengizchevroil LLP (TCO) started oil production at its Future Growth Project […]
Fact sheet: $30.25/bbl breakeven for first 4 Stabroek developments offshore Guyana
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 9.Jan.2025, Words: 581) — Not even crude oil prices down to $35/bbl will impact the ability […]
SBM Offshore completes $1.5bn FPSO Jaguar financing
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 21.Nov.2024) — SBM Offshore completed the project financing of the floating production storage and offloading (FPSO) vessel Jaguar […]
Hess says net production in Guyana in 3Q:24 rose 57% year-over-year
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 30.Oct.2024) — New York City-based Hess Corporation said its net production in the prolific Stabroek block offshore […]
EAI’s NRGBriefs: Sep. 2024
(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with […]
Exxon Director Joins Elliott Seeking to Acquire Citgo Petroleum
(Reuters, 28.Sep.2024) — Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil […]
Chevron Agrees Hess CEO Will Not Join Board in Deal with US Regulator, Bloomberg Reports
(Reuters, 26.Sep.2024) — U.S. energy major Chevron has agreed Hess CEO John Hess will not join its board in an agreement with the U.S. Federal […]
FTC set to greenlight Chevron’s $53bn buy of Hess
HOUSTON, TEXAS (By Reuters, 24.Sep.2024, Words: 429) — The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron‘s purchase of Hess as […]
Noble Corp. Closes Diamond Acquisition
(Noble, 4.Sep.2024) — Noble Corporation plc announces the completion of its acquisition of Diamond Offshore Drilling, Inc. This transaction enhances Noble’s position as a leading offshore […]
Chevron Boosts Recovery at Two Facilities in US GOM
(Chevron, 3.Sep.2024) — Chevron Corporation has started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. […]
ExxonMobil Global Outlook: Our view to 2050
(ExxonMobil, 26.Aug.2024) — In 2050, the world will be different—vastly different. To meet critical needs, the world will need to increase access to reliable, affordable […]
Exxon Sees 2050 Oil Use at Current Level, Despite Net Zero Goal
(Bloomberg, 26.Aug.2024) — Exxon Mobil Corp. forecasts global oil demand in 2050 will be the same — or even slightly higher — than current levels, […]
Exxon Reports 2Q:24 Results
(Exxon, 2.Aug.2024) — Exxon Mobil Corporation announced second-quarter 2024 earnings of $9.2bn, or $2.14 per share assuming dilution. Cash flow from operating activities was $10.6bn and […]
Exxon plans new Guyana oil project to lift output into 2030s
(Bloomberg, 18.Jul.2024) — Exxon Mobil Corp. took the first step toward its seventh oil project in Guyana, a clear signal the supermajor intends to expand crude […]
ExxonMobil’s 7th project could push Guyana’s output beyond 1.5 MMb/d by 2029
GEORGETOWN, GUYANA (DPI, 16.Jul.2024) — The Environmental Protection Agency (EPA) has commenced the review of an application from ExxonMobil Guyana to develop a seventh oil project […]
Guyana not against Exxon acquiring Hess, VP Jagdeo says
GEORGETOWN, GUYANA (Reuters, 28.Feb.2024, Words: 95) — Guyana’s vice president Bharrat Jagdeo on Wednesday said the country will accept whatever is the result from discussions between […]
Head of Exxon’s Shale Business Faces Sexual Assault Charge in Texas
(Reuters, 8.Oct.2023) — The head of Exxon Mobil‘s shale oil and gas business, a unit involved in merger talks with rival Pioneer Natural Resources, was arrested at […]
Guyanese Voice Fears Over True Cost of Exxon’s Oil Bonanza
(The Guardian, 12.May.2022) — Annette Arjoon is not anti-oil. The marine conservationist calls the vast new oilfields off Guyana’s coast a “blessing” that will earn […]
Guyana Aims to Avoid Oil Curse by Spending on Health and Education
(FT.com, 2.May.2022) —The president of Guyana, the world’s fastest-growing economy, is inviting investors to back his ambitious vision to transform the small South American country […]
Guyana is Far from its Dream of Becoming a Rich Economy
(Energy Analytics Institute, Special Contributor Millan Arcia Einstein, 11.Apr.2022) — Exxon and the Guyana government claim total hydrocarbon “resources of around 10,000 million barrels of […]
Exxon Backs The Global Methane Pledge
(Exxon, 26.Oct.2021) — In September, the U.S. and European Union announced a Global Methane Pledge to reduce methane emissions by 30% below 2020 levels by […]
ExxonMobil Reports 4Q:20 Results, Talks Forward Plans
(Exxon, 2.Feb.2021) — Exxon Mobil Corporation today announced an estimated fourth quarter 2020 loss of $20.1bn, or $4.70 per share assuming dilution. Fourth quarter capital […]
Exxon’s Hassa-1 Doesn’t Finds Hydrocarbons
(Energy Analytics Institute, 15.Jan.2021) — Texas-based ExxonMobil announced results of the Hassa-1 exploration well offshore Guyana in the Stabroek Block didn’t find hydrocarbons in the […]