ExxonMobil

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 …

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

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 …

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 …

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, …

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 …

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 …

KEY POINTS As ExxonMobil continues to link its long-term presence in Nigeria to larger investments in human capital, the company has recognized its Nigerian affiliates for their contributions to innovation …

KEY POINTS In a significant move for Libya’s oil and gas sector, the National Oil Corporation, NOC, announced on Monday that it has entered into a memorandum of understanding (MoU) …

KEY POINTS ExxonMobil is preparing to ink a conditional deal for offshore gas exploration in Libya, according to a statement by the U.S.  Embassy in Tripoli—potentially signaling the American energy …