Tag: exxon mobil

Industry pans feds’ plan for gas exports

The Obama administration says its new plan for vetting proposals to sell liquefied natural gas overseas is aimed at streamlining the review process, but energy companies and aspiring exporters say the government’s approach could have the opposite effect.  More »

Five things to know about how Iraq’s turmoil affects oil markets

Sarah Haggas, an expert on the Middle East region for the energy team at consulting firm IHS, explains what you need to know about how turmoil in Iraq by militant group ISIS is affecting the energy sector.  More »

Russia needs US tech to unlock $8.2 trillion oil trove

Russia will require Western companies to provide the modern drilling and production gear — and techniques such as hydraulic fracturing — that are essential to unlocking its $8.2 trillion worth of barrels still underground.  More »

Norwegian oil industry faces mediation to avoid strike, output halt

Norwegian oil workers and employers will start mediation talks tomorrow to bridge differences and avoid a strike that threatens to halt about 115,000 barrels of oil a day  More »

Exxon Mobil sells Houston building

Exxon Mobil has sold an eight-story office tower near the North Freeway and Beltway 8.  More »

Energy companies dominate Houston’s Fortune 500 members

All but three of the 26 Houston companies on latest Fortune 500 list are in the energy business.  More »

Ted Cruz calls for close look at Exxon Mobil deal in Russian Arctic

U.S. Sen. Ted Cruz, traveling in Israel and Eastern Europe to meet foreign leaders, said Wednesday that the U.S. should review a planned Exxon Mobil Corp. oil exploration project with the Russian state-controlled company Rosneft as the West looks for ways to apply more pressure over the Ukraine crisis.  More »

Exxon CEO: Oil will be top energy source for years

About 15 people protested outside the meeting hall of Exxon Mobil’s annual shareholder meeting, charging that the company was not doing enough to reduce climate change and develop alternative sources of energy to burning oil and natural gas.  More »

Houston energy chief tops list as median CEO pay crosses $10 million

Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year.  More »

Exxon LNG project in talks with Asia customers on spot sales

Exxon Mobil Corp., operator of a $19 billion liquefied natural gas project in Papua New Guinea, is talking to customers in Asia about selling cargoes on the spot market.  More »

Exxon extends Russia partnership despite sanctions

Exxon Mobil Corp. extended its partnership with Russia’s state-controlled oil company even as U.S. and European nations threaten additional sanctions to punish Vladimir Putin’s regime for its actions in Ukraine.  More »

Ranked: Oil industry brands sluggish as tech value soars

Brand value for oil and gas companies grew just 3 percent during the past year, a slower rate than all other industries in an annual global ranking released this week by research agency Millward Brown.  More »
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