HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 17.Mar.2025) — ExxonMobil Guyana Limited (EMGL) submitted an application to the Environmental Protection Agency (EPA) for environmental authorization […]
Tag: Exxon Mobil
EnerMech Inks Pre-commissioning Deal for ONE GUYANA FPSO by SBM Offshore
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Mar.2025) — EnerMech, which specializes in integrated solutions for complex projects around the world, has been selected […]
Texas’ ExxonMobil Logical Candidate to Buy Targa, According to East Daley
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.Feb.2025) — Texas-based ExxonMobil Corporation is a logical candidate to acquire Targa, as it currently supplies approximately 30% […]
ExxonMobil’s Payara Celebrates 100 MMbbls of Oil Produced in Just 15 Months
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Feb.2025) — ExxonMobil Corporation, which operates the Stabroek Block offshore Guyana, celebrated 100 million barrels (MMbbls) of oil […]
YPF Completes 100% Acquisition of Shares and Capital Stock of Mobil Argentina for $327mn
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 30.Jan.2025) — YPF S.A. completed the 100% acquisition of the shares and capital stock of Mobil Argentina […]
EAI’s NRGBriefs Dec. 2024: Exxon Guyana, Venture Global IPO, Rio Tingo Argentina
(Energy Analytics Institute, 31.Dec.2024) — Energy briefs as well as others related to finance and projects during Dec. 2024 including Venture Global filing for IPO; […]
ExxonMobil Completes Purchase of FPSO Liza Destiny Offshore Guyana
(Piero Stewart, Energy Analytics Institute, 19.Dec.2024) — SBM Offshore and Exxon Mobil Corporation affiliate ExxonMobil Guyana Ltd. completed a transaction related to the purchase of […]
Exxon-led Consortium Offshore Guyana Brings Money, Builds Production
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 18.Dec.2024) — ExxonMobil Corporation, with the previous announcement of the Hammerhead and Longtail projects offshore Guyana, looks to […]
ExxonMobil Reveals 2030 Corporate Plan, Eyes Capex of $27bn-$29bn in 2025
(ExxonMobil, 11.Dec.2024) — ExxonMobil announced its Corporate Plan to 2030, creating a platform to further extend the company’s track record of delivering leading shareholder value. […]
ExxonMobil Withdraws from Suriname Block 52
(Piero Stewart, Energy Analytics Institute, 20.Nov.2024) — ExxonMobil Exploration & Production Suriname B.V. formally notified Suriname’s state-owned Staatsolie that it will withdraw from Suriname offshore Block […]
LG Chem and ExxonMobil Ink MOU for Lithium Offtake
(Energy Analytics Institute, 20.Nov.2024) — ExxonMobil Corporation and LG Chem inked a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to […]
Exxon, Hess and CNOOC Hit 500 MMbbls Milestone Offshore Guyana
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Nov.2024) — ExxonMobil Guyana Limited and its Stabroek Block co-venturers, Hess Corporation and CNOOC reached an offshore […]
Exxon Eyes First Golden Pass LNG Cargo in Late-2025, Woods Says
(Energy Analytics Institute, 1.Nov.2024) — ExxonMobil Corporation, which is partnered with QatarEnergy in the three-train 18 million tonnes per annum (mtpa) Golden Pass LNG project, […]
ExxonMobil Reports 3Q:24 Earnings of $8.6bn (PDF Downloads)
(ExxonMobil, 1.Nov.2024) — Exxon Mobil Corporation announced third-quarter 2024 earnings of $8.6bn, or $1.92 per share assuming dilution. Cash flow from operating activities was $17.6bn […]
Exxon to Sell its Vaca Muerta Assets to Pluspetrol
(Reuters, 30.Oct.2024) — U.S. energy giant Exxon Mobil agreed on the terms and conditions to sell its oil and gas assets in Argentina’s Vaca Muerta […]
Exxon Mobil, Qatar Get 3-year Extension to Build their LNG Plant in Texas
(Reuters, 25.Oct.2024) — Federal regulators on Thursday gave an Exxon Mobil and Qatar Energy LNG joint venture a 3-year extension to finish building their Golden […]
KMI Signs Golden Pass to New Texas Pipeline
(East Daley Analytics, 25.Oct.2024) — Kinder Morgan (KMI) has launched a binding open season for Trident Intrastate Pipeline, a new project designed to deliver up […]
US LNG Industry Under Pressure as Challenges and Uncertainty Mount
(FT.com, 17.Aug.2024) — The US liquefied natural gas industry faces mounting challenges as legal clashes with activists and contractors combine with a federal permitting freeze […]
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 […]
Guyana Oil Find Raises Stakes In Fraud Case
(Stabroek News, 27.Jun.2020) — Allegations of mass vote fiddling in the former British colony of Guyana may lead to the country’s discredited government being ostracised […]
Guyanese Could Get Increased Salaries, Other Improvements In 2020
(DemeraraWaves, 31.Oct.2018) — Finance Minister, Winston Jordan on Wednesday hinted that government workers would receive salary increases when in 2020 when Guyana begins producing oil […]
Hess, Exxon Mobil Prep For More Exploration Offshore Guyana
(Hart Energy, Velda Addison, Senior Editor, 31.Oct.2018) — Partners Exxon Mobil, Hess Corp. and CNOOC Nexen Petroleum are making progress toward development of the hydrocarbon […]
Guyana: The World’s Next Offshore Oil Hotspot
(Oilprice.com, Tsvetana Paraskova, 23.Oct.2018) — With population of fewer than 750,000 people, Guyana—a neighbor of Venezuela—has always depended on commodities. Sugar, gold, shrimp, timber, bauxite, […]
Guyana’s Oil And Gas Capacity Building Project
(Guyana’s Ministry of Natural Resources, 12.Oct.2018) — The Guyana Oil and Gas Capacity Building Project (the ‘Project’) is supported by the World Bank and aims […]
AMLO to Continue Drilling Service Contracts
(Bloomberg, Amy Stillman and Eric Martin, 6.Sep.2018) — Mexico’s next president said he will continue with tenders for drilling service contracts starting when he takes […]
Venezuela Agrees to Pay $2 Bln Over Seizure of Oil Projects
(The New York Times, Clifford Krauss, 20.Aug.2018) – More than a decade ago, Venezuela seized several oil projects from the American oil company ConocoPhillips without […]
Stock to Watch: ExxonMobil in Guyana
(OilPrice.com, Meredith Taylor, 10.Jul.2018) – American energy dominance is on the rise. In March 2018, the U.S. beat its all-time record and pumped more than […]
Uruguay to Adopt Process for Offshore Oil Blocks
(Reuters, Luc Cohen, 15.Jun.2018) – Uruguay will move toward a permanent offer process for offshore oil blocks as other Latin American countries have done, after […]
Will Money from Guyana’s Oil Boom Get to the People
(CaribNation TV, 16.Mar.2018) – Guyana is poised to become the next big oil producer in the Western Hemisphere, attracting the attention and investment dollars of […]