ExxonMobil

The US majors plan to produce around 1 million BOE/D each from the basin, which has become a primary focus of their upstream operations.

The discovery is world’s third-largest natural gas discovery in the past 2 years.

ExxonMobil is rolling out a project that will enable it to collect all operating data from its refineries and chemical plants—up to 1 billion bits per minute—into a high-performing computing environment.

The $10-billion deal will add liquefaction and export capabilities to the existing facility in Sabine Pass, Texas, according to a Reuters report. Golden Pass currently handles up to 2 Bcf/D of natural gas imports to North American markets.

Exxon Mobil is reorganizing and creating three new upstream companies and a global projects company.

2019’s class of offshore projects show a wide range of potential sanctioning outcomes.

Exxon Mobil sent a letter to the US Environmental Protection Agency in support of methane gas emission rules put in place under the Obama administration, according to a copy of the letter seen by Reuters.

Natural gas prices have risen in the US but not in west Texas. The contrast is a sign of the growing pains that come with explosive growth changing this increasingly competitive market.

The Pluma-1 discovery could turn the southeast portion of Stabroek Block off Guyana "into a major new development area," the company says.

Japan’s SODECO and India’s ONGC Videsh are joining the consortium on the LNG plant, which will be carried out within the framework of the Sakhalin-1 hydrocarbon project in the Okhotsk Sea.