ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels, as part of a new agreement to find pathways toward potential future consumer adoption. The first iteration of Esso Renewable Racing Fuel is a […]
Guyana has started the year with an exploration disappointment as a partner in the ExxonMobil-operated Canje block last week revealed that the first wildcat in the license failed to deliver. However, Rystad Energy expects exploration […]
European majors are anticipated to undergo stronger LNG capacity growth to 2025 than their US peers, particularly across three key regions: Former Soviet Union, North America and Africa, says GlobalData, a data and analytics company […]
Neil Duffin, president of ExxonMobil Global Projects Company, has announced his retirement effective April 1, 2021, after 41 years with ExxonMobil. The board of directors of ExxonMobil Global Projects Company intends to elect Jon Gibbs, […]
ExxonMobil has completed the initial phase of a plant trial of a proprietary advanced recycling process for converting plastic waste into raw materials for production of high-value polymers. The trial, at the company’s existing facilities […]
ExxonMobil has signed an agreement with HitecVision, through its wholly owned portfolio company NEO Energy, for the sale of most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea. The […]
The downturn brought by the COVID-19 pandemic and the accelerating energy transition has created a new reality for the world’s oil and gas industry, whose production will peak lower and earlier than expected before the […]
The saying has it that in every crisis there is opportunity, and the oil industry is no exception, with efficiencies and targeted investments being the prime focus areas during and in the aftermath of a […]
Drilling of high-impact oil and gas prospects in 2020 suffered at the hands of the global pandemic, but the overall results were nevertheless positive, a Rystad Energy analysis reveals. The success rate rose to 41% […]
ExxonMobil reports it has created a new business to commercialise its extensive low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage, one of the critical technologies […]
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