Monday, 28 July 2025

Focus on ExxonMobil

FILE PHOTO: CEO of Hess Corporation, John B. Hess speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
BusinessEconomyNewsOilTrade

Hess CEO upbeat on oil demand, says Guyana’s potential barely scratched

Hess CEO John Hess sees a nearly balanced oil market with strong shale and Guyana prospects, yet warns of potential volatility ahead.

FILE PHOTO: An Exxon gas station seen in Washington, U.S., November 26, 2024. REUTERS/Nathan Howard/File Photo
BusinessClimateCourtsEmissionsEnvironmentNewsOilPoliticsRegulations

Exxon Mobil sues California attorney general, environmental groups

The lawsuit filed in the federal court in Beaumont, Texas includes a cause of action sounding in libel or slander, court records show.

A general view of an offshore wind farm in the North Sea, August 23, 2023. NTB/Ole Berg-Rusten via REUTERS
ElectricityNewsOffshore WindOilWind

Trump demands end to North Sea ‘windmills’ in swipe at UK energy policy

North Sea production has declined from a peak of 4.4 million barrels of oil per day to around 1.3 million today.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo/File Photo
BusinessEconomyInfrastructureLiquefied Natural GasNewsTransmission

US LNG gas demand hits record high on last day of the year

U.S. LNG demand hit a record 15.2 bcf on New Year's Eve, with forecasts predicting growth to 17.8 bcf in 2025 amid new...

FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021. Mandatory credit Kyodo/via REUTERS/File Photo
AnalysisBusinessElectricityFuelNatural GasNewsOffshore WindOilSolarWind

Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies are slowing and sometimes reversing their renewables investments.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
FuelLiquefied Natural GasNatural GasNewsPoliticsTrade

Natural gas demand from US LNG export plants heads for first decline in 8 years

The U.S. is the world's largest exporter of the superchilled gas and a key provider of gas to Europe.

News Release

FPSO Destiny Purchase by ExxonMobil Guyana Completed

Amsterdam, December 19, 2024 SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the...

FILE PHOTO: Natural gas flares off at a production facility owned by Exxon near Carlsbad, New Mexico, U.S. February 11, 2019. REUTERS/Nick Oxford
ElectricityFuelGeothermalNatural GasNews

AI’s energy hunger fuels geothermal startups but natgas rivalry clouds future

Large data-center operators are racing to meet the energy needs of artificial intelligence.

FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
BusinessEconomyNewsOilPoliticsTrade

OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

FILE PHOTO: An Alcoa aluminum plant in Alcoa, Tennessee, U.S. is seen in this April 8, 2014 file photo REUTERS/Wade Payne/File Photo
BusinessIndustryNatural GasNews

Chevron Australia signs long-term gas supply deal with Alcoa

Chevron will supply Alcoa with 130 petajoules of gas over 10 years starting in 2028, powering alumina refineries in Western Australia.

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