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Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.

read more... 15/01/2021

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Vietnam Approves Exxon’s $5-Billion LNG-To-Power Project

The port city of Hai Phong in Vietnam has approved a liquefied natural gas (LNG) project for power generation, expected to be developed by U.S. supermajor ExxonMobil and to cost US$5.09 billion.

read more... 05/10/2020

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ExxonMobil focused on core oil and gas as renewable returns too weak: official

ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said Sept. 30.

read more... 01/10/2020

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Romania's Romgaz to hire advisor on possible buy of ExxonMobil stake in Black Sea project

BUCHAREST (Romania), February 5 (SeeNews) - Romanian natural gas producer Romgaz [BSE:SNG] said that it is seeking the approval of its shareholders to hire an advisor on the possible acquisition of a stake in Neptun Deep offshore gas project in the Black Sea held by ExxonMobil.

read more... 05/02/2020

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Exxon Prepares Sale Of UK, German Oil & Gas Assets

As part of its global program to sell assets, ExxonMobil is about to launch a process to sell its upstream oil and gas operations in the UK and Germany, Bloomberg reported on Thursday, quoting people familiar with the plans.

read more... 24/01/2020

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