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ExxonMobil

  • Energy TransitionIn the News

    El-Sisi, ExxonMobil Discuss Deeper Energy Cooperation Amid Mediterranean Prospects

    by Oluwatosin Racheal Alabi October 12, 2025
    by Oluwatosin Racheal Alabi October 12, 2025

    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 …

  • In the News

    Iraq Signs Deal with ExxonMobil to Revive Majnoon Oilfield and Boost Crude Exports

    by Oluwatosin Racheal Alabi October 9, 2025
    by Oluwatosin Racheal Alabi October 9, 2025

    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 …

  • In the NewsOil & Gas

    ExxonMobil Eyes South Africa LNG Market Amid Looming 2027 Gas Shortfall

    by Oluwatosin Racheal Alabi October 7, 2025
    by Oluwatosin Racheal Alabi October 7, 2025

    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 …

  • In the News

    ExxonMobil to Cut 2,000 Jobs Globally in Cost-Saving Restructure

    by Oluwatosin Racheal Alabi October 6, 2025
    by Oluwatosin Racheal Alabi October 6, 2025

    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 …

  • In the News

    Exxon Chief Presses Mozambique on Gas Security

    by Ikeoluwa Juliana Ogungbangbe September 30, 2025
    by Ikeoluwa Juliana Ogungbangbe September 30, 2025

    ExxonMobil’s Darren Woods met Mozambique’s president to seek security assurances before approving a $30 billion gas terminal in Cabo Delgado

  • In the NewsOil & Gas

    Exxon Seeks Mozambique Security Pledge Before $30 Billion LNG Bet

    by Oluwatosin Racheal Alabi September 30, 2025
    by Oluwatosin Racheal Alabi September 30, 2025

    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 …

  • In the NewsOil & Gas

    ExxonMobil Enters Synthetic Graphite Market With Superior Graphite Deal

    by Oluwatosin Racheal Alabi September 11, 2025
    by Oluwatosin Racheal Alabi September 11, 2025

    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 …

  • In the NewsOil & Gas

    ExxonMobil Deploys Drone Technology to Boost Offshore Efficiency in Angola

    by Oluwatosin Racheal Alabi September 8, 2025
    by Oluwatosin Racheal Alabi September 8, 2025

    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, …

  • In the NewsMarketsOil & Gas

    ExxonMobil Weighs $1 Billion Sale of European Chemical Plants

    by Oluwatosin Racheal Alabi September 4, 2025
    by Oluwatosin Racheal Alabi September 4, 2025

    KEY POINTS In light of the continent’s industry’s struggles to recover from a brutal energy crisis, new competition from China, and the effects of U.S. trade tariffs, U.S Major Oil …

  • In the News

    ExxonMobil Criticizes EU’s Climate Strategy, Says High Costs Hurt Industry

    by Oluwatosin Racheal Alabi August 29, 2025
    by Oluwatosin Racheal Alabi August 29, 2025

    KEY POINTS ExxonMobil has directly attacked Europe’s decarbonisation strategy, claiming that the EU‘s excessive reliance on expensive climate mandates and regulations has hurt competitiveness in its industrial core. According to …

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Nigeria’s Oil Boom: Record Production in September 2023

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Nigeria’s CNG Rollout Lags Behind Targets Despite $2bn Investment...
Shell Trading Backs Petralon Energy as Dawes Island First...
Tullow Oil Refinances Debt, Extends Maturities to 2028

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