ExxonMobil has signed a non-binding memorandum of understanding with Venezuela’s state-owned PDVSA to evaluate potential upstream…
Tag: ExxonMobil
Oil Prices Rise as Hormuz Attack Raises Supply Concerns
Oil prices are heading for a fourth consecutive monthly gain as tensions between the United States…
EU Considers Windfall Tax on Oil and Gas Profits
The European Union is examining a bloc-wide windfall tax on oil and gas companies as soaring…
ExxonMobil Plans $1bn Usan Field Investment
Esso plans to invest about $1 billion to unlock up to 40,000 barrels of oil per…
Iraq Opens 11th Energy Exhibition to Advance Sector Development
Iraqi Prime Minister Mohammed Shia’ al-Sudani inaugurated the 11th Iraq Energy Exhibition and Conference on Saturday,…
ExxonMobil Lifts Force Majeure on Mozambique’s Rovuma LNG Project
ExxonMobil has lifted the force majeure declaration at the 18 million metric ton/year Rovuma LNG export…
ExxonMobil Backs $40m Oil, Gas Training Centre in Mozambique
ExxonMobil has pledged $40 million to establish an oil and gas training centre in Maputo, Mozambique’s…
Oil Majors Double Down on Crude Demand Despite Global Glut
Major international oil companies are once again placing significant bets on the demand for crude oil.…
Seplat Launches $3bn Five-Year Expansion Plan in Nigeria
Seplat Energy Plc, Nigeria’s leading indigenous oil and gas producer, has announced a $3 billion five-year…