ExxonMobil

In 2013, ExxonMobil PNG facilitated a public/private partnership to improve healthcare education at the University of Papua New Guinea and clinical management in child health at Port Moresby General Hospital and other facilities.

Shell and Chevron lead the pack in a slew of Q2 losses with $18.1 billion and $8.3 billion, respectively. ExxonMobil, ConocoPhillips, Royal Dutch Shell, Petrobras, and Repsol also posted losses. The tally of these global majors’ losses in a single quarter tops $30 billion.

Tracking down fugitive emissions has traditionally relied on small-scale detection efforts. This new project seeks to buck the trend by covering the Permian Basin with sensors.

Putting together the billions of dollars needed to develop deepwater finds has become tougher, but when the discoveries are huge, companies will make every effort to find a way to tap what may be a cheap source of oil.

Four recent deepwater offshore discoveries show exploration is not dead, it is just concentrated offshore.

As studies point to increased emissions, ExxonMobil is stepping up efforts to detect and mitigate methane release.

Both platforms offshore assets were shut in following a leak in ExxonMobil's 100,000 B/D pipeline system.

Qatar Petroleum will delay its North Field LNG expansion in Qatar with startup in 2025. Its Golden Pass project in Texas remains on track.

The Rovuma LNG project in Mozambique was expected to reach FID later this year, with startup in 2025.

ExxonMobil and Halliburton made additional cuts in spending and personnel.