ExxonMobil

Country’s president expects 10 additional wells in its waters this year.

ExxonMobil launched its Malaria Initiative in 2000. Now, more than 20 years later, three experts supported by the company give their perspectives on what has been learned about the disease and highlight some accomplishments in research and innovation.

The international supermajor is looking to make Houston and the US Gulf Coast a major hub for carbon capture and sequestration. A recent peer-reviewed SPE paper offers insights on the type of formation the company may target if the project takes shape.

The national oil company will not extend contracts with ExxonMobil, Total, and others on Qatargas 1 that expire next year.

Recent decisions by US market regulators reflect growing pressure on the largest US oil producers to back up emissions targets with more detailed strategies through disclosures.

The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.

The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.

ExxonMobil details its massive reduction in the value of its reserves, just as the benefits of all that hacking are starting to become apparent.

The US oil giant is launching a new business unit that will boost its ability to reduce its own greenhouse gas emissions along with those of other industries.

ExxonMobil said it has created a new business to commercialize its extensive low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, initially will focus on carbon capture and storage, one of the critical technologies required to achieve net-zero emissions and the climate goals outlined in the Paris Agreement.