Latest news
Exxon Mobile and Total ink a deal to explore for shale gas in Poland
The French oil giant Total and U.S. oil major Exxon Mobil Corp. agreed a deal to explore shale gas in the Chelm and Werbkowice areas in Poland.
read more... 16/05/2011
Kazakhstan to suspend its work at Kashagan oil field for three years
Kazakhstan plans to suspend its activities on the main stage of the Kashagan project for three years, following the Royal Dutch Shell and Exxon Mobil attempts to persuade the country’s oil ministry to simplify the project design, which would cut their expenditures by $18 billion to $50 billion.
read more... 06/04/2011
ExxonMobil restores Japanese Shiogama Terminal
ExxonMobil Japan Group declared on Wednesday that it had reopened its Shiogama terminal, affected by the recent earthquake and tsunami, moreover the company restored operations of its four Japan refineries, working above normal rates allowing thus the delivery of more fuel supplies into the Tohoku area of northeastern Japan.
read more... 24/03/2011
Exxon to increase its crude output by spending $100 million a day
Exxon Mobile Corp. declared that they plan to spend $100 million each day for the next five years on capital projects like new oil wells and natural gas plants.
read more... 14/03/2011
Rosneft and ExxonMobil to collaborate in the development of Black Sea basin
Russia’s Rosneft and ExxonMobil have found common ground regarding joint development of oil and gas resources in the Black Sea, which involves exploration and production in the Tuapse Trough, an 11,200-square-kilometers deepwater offshore area along the Black Sea coast of the Krasnodar region.
read more... 14/02/2011