ExxonMobil Acquires Exploration Acreage in Equatorial Guinea Jun 6, 2017Exxon Mobil Corporation has announced that its wholly owned affiliate, Exploration and Production Equatorial Guinea (Deepwater) Ltd., has signed a production sharing contract with...
ExxonMobil and SABIC Sign Agreement for Next Phase of Proposed U.S. Petrochemical Project May 22, 2017Affiliates of Exxon Mobil Corporation and SABIC (Saudi Basic Industries Corporation) have signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project...
ExxonMobil Announces Positive Muruk-1 Sidetrack Well Results May 16, 2017Exxon Mobil Corporation has announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 21 kilometres northwest of the Hides gas field.
ExxonMobil Announces New Oil Discovery Offshore Guyana Mar 31, 2017Exxon Mobil Corporation has announced positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block.
ExxonMobil Plans Investments to Expand Manufacturing in US Gulf Region Mar 7, 2017Exxon Mobil Corporation is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of USD 20 billion over a 10-year period to take advantage of...
ExxonMobil Announces 2016 Reserves Feb 23, 2017Exxon Mobil Corporation has announced proved reserves were 20 billion oil-equivalent barrels at year-end 2016, inclusive of a net reduction of 3.3 billion oil-equivalent barrels from 2015.
ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion Barrels Jan 18, 2017Exxon Mobil Corporation reports that it will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by...
New Natural Gas Discovery Onshore Papua New Guinea Dec 29, 2016Exxon Mobil Corporation has announced a new natural gas discovery in the Papua New Guinea North Highlands, 21 kilometres northwest of the Hides Gas Field.
Rex Tillerson to Retire Dec 15, 2016Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, has announced his intention to retire at year-end after more than 41 years of service.
New Presidents of ExxonMobil Production Company and ExxonMobil Development Company Dec 5, 2016Neil Duffin, currently president of ExxonMobil Development Company, has been appointed by the Exxon Mobil Corporation board of directors to be president of ExxonMobil Production Company and...
ExxonMobil Announces Significant Oil Discovery Offshore Nigeria Oct 28, 2016Exxon Mobil Corporation has announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria.
ExxonMobil Begins Production at Port Allen Aviation Lubricants Plant Oct 28, 2016Exxon Mobil Corporation has announced that its Port Allen aviation lubricants plant has achieved full production for the entire line of Mobil Jet™ engine lubricants.
SABIC and ExxonMobil Evaluating Petrochemical Joint Venture on US Gulf Coast Jul 26, 2016SABIC and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast.
ExxonMobil to Acquire InterOil Jul 22, 2016Exxon Mobil Corporation and InterOil Corporation have announced an agreed transaction worth more than USD 2.5 billion, under which ExxonMobil will acquire...
ExxonMobil Confirms Significant Guyana Offshore Oil Discovery Jul 1, 2016Exxon Mobil Corporation reports that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery...