KEY POINTS Norwegian oil and gas producer DNO has struck new oil offtake agreements with subsidiaries of Shell and ExxonMobil, securing long-term buyers for its North Sea output and unlocking …
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ExxonMobil
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In the NewsOil & Gas
Exxon Mobil Names Neil Hansen as New CFO as Kathryn Mikells Retires for Health Reasons
KEY POINTS Exxon Mobil has announced a leadership change at the very top of its financial operations, confirming that Kathryn Mikells, the company’s senior vice-president and chief financial officer, will …
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In the NewsOil & Gas
ExxonMobil Begins Phased Shutdown of Ageing Jurong Cracker as Petrochemical Glut Deepens
KEY POINTS ExxonMobil has begun winding down its oldest steam cracker on Singapore’s Jurong Island, marking a significant shift in the company’s Asian petrochemicals strategy at a time of persistent …
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KEY POINTS ExxonMobil has formally resumed work on its long-delayed natural gas project in northern Mozambique, marking its first decisive step back into the troubled region more than four years …
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In the NewsOil & Gas
ExxonMobil’s Fife Ethylene Plant to Shut After Four Decades as Hundreds Face Redundancy
KEY POINTS ExxonMobil’s decision to wind down operations at its Fife Ethylene Plant in Cowdenbeath has drawn a line under one of Scotland’s most significant industrial landmarks, ending forty years …
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In the NewsOil & Gas
Contract Dispute Puts ExxonMobil’s Rovuma LNG Ambitions Under Fresh Pressure in Mozambique
KEY POINTS Rovuma liquefied natural gas from ExxonMobil project in northern Mozambique has run into another patch of turbulence, as disagreements over the first set of service contracts threaten to …
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KEY POINTS Chevron confirmed this week it is nearing a final investment decision on the second phase of its 22 trillion cubic foot Leviathan gas field offshore Israel, a project …
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KEY POINTS ExxonMobil is in advanced discussions with power producers and leading technology companies to provide energy for artificial intelligence data centres using natural gas facilities equipped with carbon capture …
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In the NewsOil & Gas
Mozambique Pushes Back on TotalEnergies’ Revised LNG Plan Amid Rising Project Costs
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 …
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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 …