Latest news
Energy demand will increase by 25% by 2040
Global energy demand will rise by 25% by 2040, according to a new report by ExxonMobil which added China and India will account for approximately half of the projected growth during the same period.
read more... 26/01/2016
Ineos inks US shale gas ethane agreement with Exxon and Shell in Scotland
Ineos, owner of Scotland's Grangemouth petrodoil refinery, has signed an agreement with subsidiaries of ExxonMobil and Shell to provide ethane derived from U.S. shale gas which it is to import into Scotland to their neighboring chemical plant, as stated by the company on Monday.
read more... 10/11/2015
Eni, Exxon, Rosneft, Sasol obtain exploration rights in Mozambique
Russia's Rosneft and associate ExxonMobil are among the four firms to obtain potentially lucrative exploration rights for fossil fuels off Mozambique's Indian Ocean coast on Thursday, as stated by the company.
read more... 30/10/2015
Exxon and Petrom will have to invest $4-5 billion if gas discovery in the Black Sea is confirmed
Romania's major oil and gas conglomerate Petrom and U.S. top oil company ExxonMobil will have to invest $4-5 billion in the extraction of gas from a Black Sea field, in case additional data confirms their discovery, according to the statement made by President Traian Basescu on Wednesday.
read more... 04/09/2014
Russia: Rosneft declares that Gazprom holds back its LNG project
The chief executive of Russia's top oil producer Rosneft appealed to the government to intervene and facilitate company’s access to a Gazprom's trunk gas pipeline, essential for the liquefied natural gas project it is setting up with ExxonMobil.
read more... 25/04/2014