Thursday, 19 September 2024

Focus on ExxonMobil Corporation

FILE PHOTO: Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelLabourLiquefied Natural GasMiningNatural GasNewsOil

Exxon Mobil reports 59 layoffs to Texas agency post-Pioneer acquisition

Exxon Mobil issued layoff notices to 59 employees following its $60 billion acquisition of Pioneer Natural Resources.

News Release

VAALCO Energy, Inc. Announces Second Quarter 2024 Results

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results...

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
NewsOil

Expanded Trans Mountain pipeline capacity fails to lift Canadian heavy oil price

Rather than shrinking the discount on Canadian oil versus US crude with TMX, oil prices have a wider difference than before.

FILE PHOTO: ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Exxon delivers $9.2 billion second-quarter profit, raises output target

Rising oil prices and a boost from buying Pioneer lead Exxon Mobil to bumper Q2 profits.

FILE PHOTO: Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyFuelNewsOilPoliticsRegulations

US EPA grants fuel waiver to Midwest states impacted by Joliet refinery shutdown

The EPA issued an emergency waiver for four states to alleviate gasoline shortages caused by the shutdown of Exxon Mobil's Joliet refinery.

BusinessCritical MineralsElectric VehiclesMiningNews

Standard Lithium names David Park as CEO

Park, in a prior role, has served as the president at a unit of Koch Industries, Standard Lithium's biggest shareholder.

Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. REUTERS/Russell Boyce/ File Photo
BusinessEconomyNatural GasNewsOilPolitics

North Sea oil and gas producers say UK windfall tax is a ‘wrecking ball’

Drilling companies say to expect a sharp drop in revenue following increased UK windfall tax on oil and gas companies.

An exhibition booth of Shell is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. Picture taken May 23, 2022. REUTERS/Florence Tan/File Photo
News

Shell beats forecasts with $6.3 billion second quarter profit

Shell reported Q2 profit of $6.3bn, a drop of 19% from the previous three months, as refining margins and oil and gas trading...

FILE PHOTO: The logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
BiodiversityBusinessClimateCourtsFuelIndigenousLegislationNewsOilRegulations

Prosecutors press Brazil regulators on Petrobras license to drill near Amazon mouth

Brazilian prosecutors urge Ibama to block Petrobras' Amazon drilling, demanding a response within three days or face penalties.

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

US oil and gas mergers continue at furious pace in Q2, says Enverus

Blockbuster has and oil mergers companies are continuing well into Q2 this year with $30bn in tie-up deals for fossil fuel giants.

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