SBM Offshore secures FEED contract for Whiptail FPSO project in Guyana
SBM Offshore announced its awarding of contracts for the Front End Engineering and Design (FEED) of a Floating Production, Storage, and Offloading vessel (FPSO) for ... Read More
ExxonMobil to acquire Pioneer Natural Resources for $59.5bn: Impact on US energy landscape
Exxon Mobil Corporation (ExxonMobil) and Pioneer Natural Resources have signed an all-stock transaction worth $59.5 billion, with each of the latter's shares exchanging for 2.3234 ... Read More
ExxonMobil amplifies chemical production at Baytown refinery with $2bn investment
ExxonMobil commences two pivotal chemical production units at its Baytown, Texas facility, marking a $2 billion strategic growth. This expansion aligns with the company's vision ... Read More
NextDecade greenlights Phase 1 of Rio Grande LNG Project in Brownsville
NextDecade Corporation has announced a final investment decision (FID) to proceed with the construction of the first three liquefaction trains, referred to as Phase 1, ... Read More
ExxonMobil to acquire Denbury to enhance carbon capture capabilities
ExxonMobil Corporation announced a definitive agreement to acquire Denbury, a leader in carbon capture, utilization, and storage (CCS) and enhanced oil recovery, in an all-stock ... Read More
Gorgon Stage Two Development : Chevron Australia commences gas production
Chevron Australia and the Gorgon joint venture (JV) participants, announced the production of the first gas from the Gorgon Stage Two development located off the ... Read More
Chord Energy to acquire Williston Basin assets from XTO Energy for $375m
Chord Energy Corporation, a Nasdaq-listed exploration and production company, has signed an all-cash deal worth $375 million with XTO Energy ExxonMobil Inc. and affiliates, which are ... Read More
Uaru oil project : ExxonMobil takes FID on fifth project on Stabroek Block
ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with ... Read More
ExxonMobil to quit Aera Energy joint venture in California
ExxonMobil said that its affiliates have agreed to divest all of the company’s interests in the Aera oil-production operation in California to Green Gate Resources ... Read More
CNOOC announces start of production at Liza Phase II project in Guyana
CNOOC said that the Liza Phase II project, the phase 2 development of the Liza oil field in the Stabroek Block in Guyanese waters has ... Read More