KEY POINTS Mozambique’s government has hinted at possible resistance to TotalEnergies’ revised budget and timeline for its liquefied natural gas, LNG, project, signalling that the country may not easily approve …
ExxonMobil
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KEY POINTS ExxonMobil has entered into a new memorandum of understanding (MoU) with the government of Gabon, setting the stage for potential oil and gas exploration off the coast of …
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Energy TransitionIn the News
El-Sisi, ExxonMobil Discuss Deeper Energy Cooperation Amid Mediterranean Prospects
KEY POINTS President Abdel Fattah El-Sisi has held discussions with ExxonMobil’s Vice President for Global Exploration, John Ardill, on the future of the American energy giant’s operations in Egypt, with …
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KEY POINTS Iraq has signed a new agreement with ExxonMobil to assist in developing the vast Majnoon oilfield in the country’s south and upgrade export infrastructure, marking the American supermajor’s …
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KEY POINTS ExxonMobil Corp. is advancing plans to begin importing liquefied natural gas, LNG, into South Africa, marking a significant step toward establishing the country as a future gas hub …
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KEY POINTS ExxonMobil Corp. plans to slash roughly 2,000 jobs worldwide — about 3% to 4% of its total workforce — in the latest phase of a sweeping restructuring aimed …
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ExxonMobil’s Darren Woods met Mozambique’s president to seek security assurances before approving a $30 billion gas terminal in Cabo Delgado
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KEY POINTS ExxonMobil Corp. Chief Executive Officer Darren Woods pressed Mozambique’s President Daniel Chapo last week for firm guarantees of security before moving ahead with a $30 billion liquefied natural …
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KEY POINTS ExxonMobil Corp. is moving into the fast-growing synthetic graphite business with the acquisition of Superior Graphite’s U.S. assets and select international operations, in a bid to position itself …
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KEY POINTS The U.S. energy major claims that ExxonMobil’s deployment of drone-based inspection systems and sophisticated sonar imaging throughout its offshore operations in Angola will significantly increase safety, reduce downtime, …