Exxon Mobil Corp.
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Exxon Mobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. Exxon Mobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world.
Transactions
Exxon Mobil Sells Montana Oil Refinery for $310 Million
Exxon Mobil Sells Montana Oil Refinery for $310 Million
Exxon Mobil, Shell Divest Large California Oil Producer Aera Energy
Exxon Mobil, Shell Divest Large California Oil Producer Aera Energy
Exxon Mobil to Sell Barnett Shale Assets for $750 Million
Exxon Mobil to Sell Barnett Shale Assets for $750 Million
Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash
Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash
Exxon Mobil to Sell Romanian Affiliate for over $1 Billion
Exxon Mobil to Sell Romanian Affiliate for over $1 Billion
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New Financings
Entered agreement for the issuance and sale of $2.75 billion notes due 2020, $1.25 billion notes due 2025…
Purchased 63 million shares of its common stock for the treasury during 1Q 2013. Shares were purchased to…
Subsidiary XTO Energy Inc. plans to buy back US$591 million in 6.1% senior notes due 2036, US$1.3 billion…
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News
Energy Transition in Motion (Week of Feb. 21, 2025)
Here is a look at some of this week’s renewable energy news, including a record for community solar capacity in the U.S.
Exxon Aims to Boost Guyana Gas Production, Explore Export Options
Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.
Matador Touts Cotton Valley ‘Gas Bank’ Reserves as Prices Increase
Matador Resources focuses most of its efforts on the Permian’s Delaware Basin today. But the company still has vast untapped natural gas resources in Louisiana’s prolific Cotton Valley play, where it could look to drill as commodity prices increase.
Antero Stock Up 90% YoY as NatGas, NGL Markets Improve
As the outlook for U.S. natural gas improves, investors are hot on gas-weighted stocks—in particular, Appalachia’s Antero Resources.
BP’s Eagle Ford Refracs Delivering EUR Uplift, ‘Triple-Digit’ Returns
BP’s shale segment, BPX Energy, is seeing EUR uplifts from Eagle Ford refracs “we didn’t really predict in shale,” CEO Murray Auchincloss told investors in fourth-quarter earnings.
DUCs Fly the Coop: Big Drawdowns from the Midland to Haynesville
The Midland Basin depleted its inventory of excess DUCs the most last year, falling from two months of runway to one during the past year, according to a report by Enverus Intelligence Research.
Expand Appoints Dan Turco to EVP of Marketing, Commercial
Expand Energy Corp. has appointed industry veteran Dan Turco as executive vice president of marketing and commercial.
NOG Spends $67MM on Midland Bolt-On, Ground Game M&A
Non-operated specialist Northern Oil & Gas (NOG) is growing in the Midland Basin with a $40 million bolt-on acquisition.
Italy's Intesa Sanpaolo Adds to List of Banks Shunning Papua LNG Project
Italy's largest banking group, Intesa Sanpaolo, is the latest in a list of banks unwilling to finance a $10 billion LNG project in Papua New Guinea being developed by France's TotalEnergies, Australia's Santos and the U.S.' Exxon Mobil.
Exxon Seeks Permit for its Eighth Oil, Gas Project in Guyana as Output Rises
A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will generate gas not linked to oil production.
Chevron to Lay Off 15% to 20% of Global Workforce
At the end of 2023, Chevron employed 40,212 people across its operations. A layoff of 20% of total employees would be about 8,000 people.
Entergy, KMI Agree to Supply Golden Pass LNG with NatGas
Gas utility company Entergy will tie into Kinder Morgan’s Trident pipeline project to supply LNG terminal Golden Pass LNG.
E&Ps’ Subsurface Wizardry Transforming Geothermal, Lithium, Hydrogen
Exploration, drilling and other synergies have brought together the worlds of subsurface oil drilling and renewable energies.
CEO: TotalEnergies to Expand US LNG Investment Over Next Decade
TotalEnergies' investments could include expansion projects at its Cameron LNG and Rio Grande LNG facilities on the Gulf of Mexico, CEO Patrick Pouyanne said.
Exxon CEO Darren Woods: Hydrogen Incentives ‘Critical’ for Now
Exxon Mobil CEO Darren Woods said the end goal for energy policy should be a system in which no fuel source remains dependent on government subsidies.