Saturday, 5 April 2025

Focus on ExxonMobil

News ReleaseNews

FPSO Prosperity Purchase by ExxonMobil Guyana Completed

Amsterdam, November 7, 2024 SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the...

Donald Trump ran on opening up the United States to more petroleum development, but the oil industry does not always embrace additional drilling (GETTY IMAGES NORTH AMERICA)
AnalysisBusinessOilPolitics

‘Drill, baby, drill’: Trump policy poses risks, opportunities for oil industry

Trump's pro-oil agenda could drive US output up, but experts caution that lower prices may clash with industry priorities.

News ReleaseNews

EzFill Fueling up to Expand Nationally Enters into LOI for the Acquisition of Yoshi Mobility’s Fuel Division

Plans to Begin Operations in Four New States, Expanding Reach Across the U.S. Miami, FL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings...

News ReleaseNews

Global Partners LP Completes Acquisition of East Providence Liquid Energy Terminal

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE:GLP) (“Global” or the “Partnership”) announced today that it has successfully completed the acquisition of a liquid energy...

An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessChemicalsFuelNatural GasNewsOil

Exxon’s $8.6 billion profit beats as volume offsets price weakness

Exxon's Q3 profit surpasses forecast, aided by Pioneer acquisition-driven shale gains and cost controls, despite a five per cent YoY dip amid weaker...

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
BusinessFuelLiquefied Natural GasNewsTrade

US LNG exports to rise at smallest pace since 2016

The dollar value of U.S. LNG exports peaked at $47.33 billion in 2022, when prices skyrocketed after Russia's invasion of Ukraine.

FILE PHOTO: Mike Wirth, the CEO of Chevron Corporation, listens to a question from Daniel Yergin, the vice chairman of S&P Global, as top energy executives and officials from around the world gather during the CERAWeek 2023 by S&P Global, energy conference in Houston, Texas, U.S., March 6, 2023.  REUTERS/Callaghan O'Hare/File Photo
BusinessFuelNewsOil

Chevron CEO under pressure to halt share slide as Hess deal stalls

After years of outperforming rivals, Chevron and its CEO are now under pressure as the company's Hess purchase stalls.

FILE PHOTO: Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessIndustryInfrastructureNatural GasNewsOilTransmission

Refiner Phillips 66 reports lower third-quarter profit on weak fuel demand

Phillips 66 exceeded profit forecasts in Q3, driven by strong chemicals and midstream performance, despite declining refining margins

FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo
BusinessConstructionIndustryLiquefied Natural GasNewsRegulations

Exxon Mobil, Qatar get three-year extension to build Texas LNG plant

Exxon Mobil and Qatar Energy's Golden Pass LNG project gets a 3-year extension after lead contractor Zachry Holdings' bankruptcy.

FILE PHOTO: People sit at the Shell booth on the day of the opening of the Nigeria Oil and Gas 2022 meeting in Abuja, Nigeria July 4, 2022. REUTERS/Afolabi Sotunde/File Photo
AnalysisBusinessEconomyOilPoliticsRegulations

Analysis: Shell setback upsets Nigeria’s quest to lure investment

Nigeria's block of Shell's $2.4 billion onshore asset sale signals regulatory hurdles, deterring vital oil investments.

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