Monday 20 October 2014
 
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ExxonMobil

ExxonMobil, Turkey in shale gas JV talks

US oil firm ExxonMobil is in talks with state-run Turkish Petroleum Corporation over a venture to explore for shale gas in the country's southeast and northwest regions, a Turkish energy official said. Exxon held talks with TP

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ExxonMobil earnings hit by weak margins

ExxonMobil reported slightly lower profits yesterday as weak refining margins offset the benefit of higher natural gas prices in the US that boosted earnings from petroleum production. Earnings for the first quarter came in 4.2 pe

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All forms of energy required to meet growing demand

The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, a report said.

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Feedstock flexibility 'a key advantage'

Innovation and integration resulting in greater feedstock flexibility have provided a significant competitive advantage for ExxonMobil’s chemical business, Steve Pryor, president of ExxonMobil Chemical Company, said. Speakin

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Berkshire buys key Exxon Mobil stake

Warren Buffett's Berkshire Hathaway has disclosed a new $3.45 billion stake in Exxon Mobil Corporation, after buying 40.1 million shares in the world's largest publicly traded oil company. Although the investment represent

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Refining boosts Exxon, Chevron earnings

Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for ExxonMobil and Chevron, the two largest US oil companies. A flood of oil produced from US shale formations has pushed refining margins high

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Sabic, ExxonMobil seminar on rubber industry

The Saudi Basic Industries Corporation (Sabic) and its joint venture partner ExxonMobil recently hosted a symposium promoting rubber industry downstream development at Sabic headquarters in Riyadh. Industry experts from around the

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Exxon chief backs Kurdish oil deal

The chief executive of US oil major ExxonMobil reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website said. Iraq's central government

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Exxon plans $185bn energy development spend

ExxonMobil, the global oil and gas company, plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, said its chairman and CEO. “During challenging times for t

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ExxonMobil launches enhanced oil series

ExxonMobil Lubricants and Petroleum Specialties, a division of Exxon Mobil Corporation, launched its new generation of high-performance synthetic gear, circulating and bearing oils. The Mobil SHC 600 Series lubricants are the latest additi

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