Tuesday, January 19, 2021
Renew Oceans office in Varanasi India
Environment

Big Oil’s Big Ocean Plastic Project Is Dead In The Water

By Joe Brock, John Geddie and Saurabh Sharma (Reuters) – A wheelbarrow and a handful of metal grids for capturing litter, emblazoned with the words “Renew Oceans,” sit rusting outside an...

January 19, 2021
Total Views: 2432

Tuesday, December 1, 2020
Offshore News

Exxon Tries to Put the Worst Behind it With $20 Billion Writedown

By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...

December 1, 2020
Total Views: 1101

Friday, October 30, 2020
Offshore Oil Rig At Night
Maritime News

Chevron, Exxon Shrink Spending as Coronavirus Cuts Demand

By Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in...

October 30, 2020
Total Views: 47

offshore drilling rig
News

Posting Loss, Exxon Warns of $30 Billion Shale Writedown

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. warned it may take up to $30 billion in writedowns on natural gas fields acquired more than a decade ago, and reported a third...

October 30, 2020
Total Views: 27

Thursday, October 29, 2020
semisubmersible drilling rig
Offshore

Exxon Mobil to Slash 14,000 Jobs Due to Oil Slump

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s biggest oil explorer as it...

October 29, 2020
Total Views: 56

Offshore

Exxon Mobil’s Fading Star: United States’ Once Biggest Energy Company Surpassed by Rivals

By Jennifer Hiller Oct 29 (Reuters) – Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the...

October 29, 2020
Total Views: 48

Friday, October 16, 2020
Offshore

US Oil Majors Shift Cash From Trump To Biden

By Liz Hampton Oct 16 (Reuters) – The two largest U.S. energy firms, Chevron Corp CVX.N and Exxon Mobil Corp XOM.N, have increased their share of campaign donations to Democrats...

October 16, 2020
Total Views: 47

Tuesday, April 7, 2020
offshore rig
Maritime News

ExxonMobil Lops 30% Off 2020 Spending

By Jennifer Hiller HOUSTON, April 7 (Reuters) – Exxon Mobil Corp on Tuesday throttled back investment in shale, natural gas and deep water production, cutting planned capital spending by 30%...

April 7, 2020
Total Views: 12

Thursday, October 10, 2019
ship anchorage
Maritime News

COSCO Unit’s Tanker Delivers Oil to Exxon in Singapore

By Florence Tan and Shu Zhang SINGAPORE, Oct 10 (Reuters) – A supertanker owned by a subsidiary of COSCO Shipping Tanker (Dalian), under U.S. sanctions for allegedly transporting Iranian oil,...

October 10, 2019
Total Views: 5

Tuesday, August 13, 2019
offshore rig
Offshore News

Exxon Eyes Exit Eyes Exit from UK North Sea After 50 Years -Reuters

By Ron Bousso LONDON, Aug 13 (Reuters) – Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil...

August 13, 2019
Total Views: 3

Tuesday, October 2, 2018
offshore rig north sea
Maritime News

Exxon Exploring Sale of U.S. Gulf of Mexico Assets, Sources Say

By David French and Jessica Resnick-Ault Oct 2 (Reuters) – Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher prices prompt...

October 2, 2018
Total Views: 0

Wednesday, May 2, 2018
Maritime News

Exxon Defends Guyana Deal as Oil Giant Pushes for Quick Output from Enormous Deepwater Find

By Kevin Crowley (Bloomberg) — Exxon Mobil Corp. defended its contract with tiny Guyana as the oil major pushes to speed up production from the world’s biggest deep-water find in...

May 2, 2018
Total Views: 4

Monday, December 4, 2017
Offshore Oil Platform
Offshore News

Exxon Eyes Egypt’s Offshore Oil

by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry...

December 4, 2017
Total Views: 4

Friday, June 16, 2017
News

Exxon, CNOOC, Hess Partner On $4.4 Billion Mega Oil Project In Guyana

By Ernest Scheyder (Reuters) Exxon Mobil Corp said on Friday it and partners would spend $4.4 billion to develop part of the Liza oilfield off the coast of Guyana, approving...

June 16, 2017
Total Views: 15

Thursday, August 18, 2016
Offshore News

Deepwater Mexico: Exxon, Chevron & Hess Bid To Drill Oil

by Adam Williams (Bloomberg) Exxon Mobil Corp., Chevron Corp. and Hess Corp. have agreed to bid together for rights to drill for crude in Mexico’s deepwater oil areas, according to a person with...

August 18, 2016
Total Views: 2

Thursday, April 14, 2016
Maritime News

ExxonMobil Exports First Cargo of Gulf of Mexico Crude

HOUSTON, April 14 (Reuters) – Exxon Mobil is shipping a cargo of crude produced from its deepwater Julia field in the Gulf of Mexico to its refinery in Rotterdam, Netherlands,...

April 14, 2016
Total Views: 1

Friday, July 31, 2015
chevron jack/st. malo platform
News

Exxon, Chevron Brace for Tough Times Ahead

  By Joe Carroll and Dan Murtaugh (Bloomberg) — Exxon Mobil Corp. and Chevron Corp., the biggest U.S. energy producers, hunkered down for a prolonged stretch of weak prices after...

July 31, 2015
Total Views: 1

Friday, May 1, 2015
mondo fpso
Offshore News

Mondo South Now Producing via Subsea Tieback Offshore Angola

ExxonMobil has announced this week that oil production has commenced at the Kizomba Satellites Phase 2 project in Block 15 offshore Angola. The company says Phase 2 of this project consists of subsea tiebacks from the...

May 1, 2015
Total Views: 11

Friday, March 6, 2015
deepwater champion drillship
News

Guyana says ExxonMobil to Begin Drilling Offshore

ExxonMobil will start exploration drilling at the large Stabroek Block off the coast of Guyana on Friday, the government said, in a move that could inflame a long-running territorial row with neighboring Venezuela.

March 6, 2015
Total Views: 2

Thursday, February 5, 2015
houston lightning storm
News

There is a Limit to Capex Cuts as Oil Reserves Continue to Deplete

Capex can't be cut forever

February 5, 2015
Total Views: 0