ExxonMobil
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By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub. -
The energy infrastructure firm also purchased a North Dakota gas gathering system for $640 million.
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Updates about global exploration and production activities and developments.
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After being a non-factor in the energy industry for years, the country is now one of the fastest growing regions.
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Chevron and ExxonMobil are working on deals to use natural gas and carbon capture to power the technology industry's AI data centers, executives with the companies said.
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The USGS has said up to 19 million tons of lithium resource is contained in the briny waters of the Smackover formation in Arkansas.
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Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
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Contract awards for EPC on shore-based liquification facilities and FEED for upstream offshore infrastructure in Mozambique’s ExxonMobil–Eni project bodes well for an East African LNG hub.
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ExxonMobil developed an automated system to identify nonproductive and underperforming Permian Basin wells and prioritize high-volume wells to return to production.
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Australia must insist on full removal when ExxonMobil decommissions the offshore project, the Wilderness Society has said.
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