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Natural gas to overhaul coal in US by 2025

Natural gas will overtake coal as a leading fuel for generating electricity in the United States by 2025, according the latest long-term outlook released by ExxonMobil.

read more... 09/12/2011

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Huge oil field in North Sea to be sold for $1.75 billion

Apache Corp. announced on Wednesday that it will buy one of the largest oil and gas field in the UK from ExxonMobil for $1.75 billion.

read more... 22/09/2011

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Exxon to make new oil and gas discoveries in the Gulf of Mexico

Two big oil and a natural gas discoveries were made in the Gulf of Mexico, emphasizing again the importance of this basin for the US crude oil production. Previously, oil and gas exploration operations were frozen by the U.S. government following a blowout at the BP Macondo well last year.

read more... 08/07/2011

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Exxon Mobil says oil leaked into Yellowstone River

Exxon Mobil Corp. announced a leak of about 1,000 barrel of crude oil into the Yellowstone River in Montana on Saturday, with 1 barrel of oil equivalent to 42 gallons (163 liters).

read more... 04/07/2011

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German regulator criticizes petrol station oligopoly

The German regulator criticizes the way in which the five largest oil companies BP, ExxonMobil, Shell, ConocoPhillips and Total set the prices of motor fuel and is accusing them of price manipulation.

read more... 30/05/2011

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