ExxonMobil

The new assessment also estimates 28.3 Tcf of technically recoverable gas in the Woodford and Barnett shales.

US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.

Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.

A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss it suffered after exiting its flagship Russian asset in spring 2022.

In this study, a method was developed to analyze the effects of drilling through transitions on bit-cutting structures and construct an ideal drilling strategy using a detailed drilling model.

Updates about global exploration and production activities and developments.

Technology developers expect the tight-oil industry to give lightweight proppants another look after the Permian Basin’s biggest operator becomes an adopter.

Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.

By resuming work on the Rovuma LNG project, ExxonMobil tees up a final investment decision expected in 2026 as East Africa’s LNG hub begins to take shape with three separate projects now in construction.

In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.