ExxonMobil
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Production at Liza Unity FPSO should reach 220,000 B/D later in 2022. -
Shallow water assets sold include interests in four leases
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High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work.
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The largest US oil and gas company is ending its 25-year presence in Russia following its invasion of Ukraine and subsequent international sanctions.
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Deal between P’nyang partners and independent state a step forward for the proposed development of the P’nyang LNG project.
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The Gulf of Mexico explorer is building off its offshore learnings to scoop up early carbon capture and sequestrations projects on the US Gulf Coast.
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ExxonMobil is moving its headquarters to the Houston area as part of a major reorganization that will put its engineering and technology support staff in one unit.
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The announcement means that the megascale carbon capture and storage project now has 14 large industrial players behind it. Still, it remains unclear when the project might get under way.
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The largest oil company in the US said it's prepared to make a $15-billion down payment to achieve net-zero operational emissions by 2050.
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The US government is looking to size up efforts related to leak detection and repair practices.
