ExxonMobil Adds 2.7 Billion Barrels to Reserves – Replaces 183% of 2017 Production Feb 9, 2018Exxon Mobil Corporation says it has added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production.
ExxonMobil Announces New President of ExxonMobil Gas & Power Marketing Company Feb 5, 2018The board of directors of Exxon Mobil Corporation has appointed Peter Clarke as president of ExxonMobil Gas & Power Marketing Company and elected him as a vice president of the corporation.
ExxonMobil Announces Sixth Oil Discovery Offshore Guyana Jan 8, 2018Exxon Mobil Corporation has announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015.
ExxonMobil to Merge Refining and Marketing Divisions Dec 4, 2017Exxon Mobil Corporation has announced it will combine its refining and marketing operations into a single company, ExxonMobil Fuels & Lubricants Company, in the first quarter of 2018.
New ExxonMobil Senior Vice President Elected – President of ExxonMobil Chemical Company Appointed Dec 4, 2017Exxon Mobil Corporation’s board of directors has elected Neil Chapman to the position of senior vice president and member of the corporation’s management committee.
ExxonMobil Starts Production at Hebron Field Nov 29, 2017Exxon Mobil Corporation has announced that the Hebron project started production safely and ahead of schedule. At its peak, the project will produce up to 150,000 barrels of oil per day.
Statoil Shapes and Strengthens its Position in the Carcará Oil Discovery in Brazil Oct 30, 2017Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA, ExxonMobil Exploracao Brasil Ltda., a subsidiary of Exxon Mobil Corporation, and PETROGAL BRASIL, S.A., a subsidiary of Galp, were the high bidders for a production sharing contract...
ExxonMobil Acquires Crude Oil Terminal to Serve Growing Permian Basin Production Oct 19, 2017Exxon Mobil Corporation has announced that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP.
ExxonMobil Announces Fifth Discovery Offshore Guyana Oct 6, 2017Exxon Mobil Corporation has announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana.
ExxonMobil Expands its Presence in Brazilian Waters Sep 29, 2017A consortium formed by Brazil’s state controlled oil giant, Petrobras and Exxon Mobil Corporation won two blocks in Brazil’s Campos basin at an oil auction on Wednesday 27 September 2017...
By Peter Howard Wertheim & Dayse Abrantes
ExxonMobil Continues to Increase Acreage Position in Permian Basin Sep 28, 2017Exxon Mobil Corporation has announced it has added 22,000 acres to its Permian Basin portfolio since May through a series of acquisitions and acreage trades.
ExxonMobil Announces Successful Payara-2 Well Offshore Guyana Jul 26, 2017Exxon Mobil Corporation has announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels.
ExxonMobil Acquires Interest in Acreage Offshore Suriname Jul 14, 2017Exxon Mobil Corporation has announced that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a production sharing contract...
Final Investment Decision to Proceed with Liza Oil Development in Guyana Jun 19, 2017Exxon Mobil Corporation has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana.
ExxonMobil Announces Successful Muruk Sidetrack Production Test Jun 15, 2017Exxon Mobil Corporation has announced positive production well test results from the Muruk 1 sidetrack 3 well in the Papua New Guinea North Highlands located about 21 kilometres northwest of the Hides gas field.