Tag: ExxonMobil

Iraq’s biggest oil plant to reopen after militants ousted

Iraqi troops will expel the militants from areas near a pipeline supplying the refinery 130 miles north of Baghdad.  More »

Halliburton-Baker Hughes deal would rank among top 20 energy deals of last 20 years

Data shows that the 20 biggest oil and gas deals of the last century have all been announced since 1998.  More »

3 California counties voting on fracking bans

Chevron, ExxonMobil and other oil companies have donated about $7 million to try to defeat the fracking bans in Santa Barbara, San Benito and Monterey counties.  More »

Exxon Mobil CEO: Not moving headquarters to Houston

ExxonMobil’s CEO on Thursday dashed Houston’s hopes that the multinational oil and gas giant would relocate its headquarters to Houston, saying he plans to continue to honor the company’s foundational principals to keep separate its executive suites from its operations.  More »

Exxon wins $1.6 Billion settlement for Venezuela seizure

Exxon Mobil Corp. was awarded a $1.6 billion settlement by an international arbitration panel for assets seized by Venezuela’s government in 2007, a fraction of what the crude producer had sought.  More »

Tillerson: Houston at center of energy revolution

In a speech made today in downtown Houston, ExxonMobil CEO Rex Tillerson offered an extensive overview of the rise of North American oil and gas production and urged lawmakers to leave politics out of industry regulations.  More »

Exxon, Pemex sign cooperation agreement

The companies agreed to analyze exploration, drilling and refining opportunities.  More »

Exxon joins Jindal to face Dr. Mud in wetlands legal fight

Members of a New Orleans levee board are suing 90 oil and natural gas producers for billions over claims that they’re destroying coastal marshes.  More »

Russia oil production nears record with sanctions yet to bite

Sanctions already halted some joint work between Exxon Mobil Corp. and Rosneft, threatening a project in the Kara Sea where the state-run company said last week it may have identified a billion-barrel crude discovery.  More »

Exxon fracking report responds to shareholders

Under pressure from the corporate responsibility group As You Sow, Exxon agreed earlier this year to reveal more about how it manages the risks involved with the drilling technique, known as fracking.  More »

Oil-rich Rockefellers plan to divest from fossil fuels

After building their fortune on oil, the Rockefeller family is joining growing chorus of philanthropies, foundations, religious groups and pension funds pledging to sell assets tied to fossil fuels, the New York Times reported Sunday.  More »

Tanzania’s energy minister says his African nation seeks U.S. partnership

The energy minister for Tanzania is in Houston seeking oil and gas investment in the East African nation.  More »

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 »

New oil industry lobbyist stands apart from pack

The oil industry’s new top lobbyist has an attribute that could give him an edge navigating the minefield of energy politics on Capitol Hill.  More »

Report: Two major oil companies evacuating Iraq

ExxonMobil officials are not commenting on reports that the company has evacuated from Iraq amid growing instability brought on by militants.  More »
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