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ExxonMobil

Exxon Mobil Corporation said today it added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183 percent of production. ExxonMobil's proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. more

Feb 8, 2018 8:48 AM Drilling & Exploration

The new ethane cracker, part of ExxonMobil’s multi-billion dollar Baytown chemical expansion project, will provide ethylene feedstock to the new performance polyethylene lines in Mont Belvieu, which began production in the fall of 2017. more

Feb 6, 2018 10:07 AM Refining/Petrochemical

BIC Alliance team members visit media partners at the 2018 Pipeline Pigging & Integrity Management Conference held in Houston, TX. more

Feb 2, 2018 12:21 PM BIC Attends

ExxonMobil Corp. announced estimated 2017 earnings of $19.7 billion compared with $7.8 billion in 2016. more

Feb 2, 2018 9:02 AM Downstream

At ExxonMobil, we plan to invest more than $50 billion over the next five years to expand our business in the United States. more

Jan 31, 2018 9:18 AM Refining/Petrochemical

ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council. more

Jan 22, 2018 10:22 AM Drilling & Exploration

An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto’s government to capitalize on its opening of the energy sector, the central plank of its economic agenda. more

Jan 19, 2018 12:00 AM Drilling & Exploration

The Department of the Interior is proposing the largest oil and gas lease sale ever held in the U.S.; EIA forecasts U.S. crude oil production will average 9.4 million barrels per day; Seven BLM state offices generated $170.7 million in bonus bids... more

Jan 12, 2018 2:50 PM Upstream

Looking back at 2017 with BIC Magazine. Here are the top 10 most-read articles online for the year. more

Jan 5, 2018 8:55 AM Refining/Petrochemical

Some petrochemical producers considering major US projects have pushed final decisions on whether to move ahead with them to 2018, they said. more

Jan 2, 2018 2:46 PM Refining/Petrochemical

Exxon Mobil Corp and Petróleo Brasileiro SA, Brazil’s state-controlled oil producer also known as Petrobras, said on Thursday they had formed an alliance to develop energy projects around the world. more

Dec 17, 2017 8:03 AM Drilling & Exploration

The ECC is an association of leaders in the engineering and construction management world who are interested in fostering a powerful platform for career growth. more

Dec 13, 2017 10:39 AM BIC Attends

ExxonMobil Corp on Monday said it would publish new details about how climate change could affect its business in a move aimed at appeasing critics and forestalling another proxy fight next year. more

Dec 11, 2017 12:00 AM

Scientists from ExxonMobil and the Instituto de Tecnologia Quimica in Valencia, Spain have discovered a potentially revolutionary new material that could significantly reduce the amount of energy and emissions associated with the production... more

Dec 8, 2017 7:00 AM Refining/Petrochemical

ExxonMobil will urge Massachusetts’ top court on Tuesday to allow it to avoid handing over records to the state’s attorney general amid a probe into whether the oil company misled investors and consumers about its knowledge of climate change. more

Dec 6, 2017 11:00 AM Health, Safety & Environmental

The small crude distillation unit (CDU), damaged in a fire last week, at ExxonMobil Corp’s 362,300 barrel-per-day (bpd) Beaumont, Texas, refinery may remain shut for repairs until late January, sources familiar with plant operations said on Monday. more

Dec 6, 2017 7:00 AM Emergency Response & Fire Rescue/Security

Gloria Moncada, third from left, and Stephanie Cargile, center, welcome community partners, from left, Kim Fossey of East Baton Rouge Parish Schools, Casey Phillips of The Walls Project, Ron Smith of ExxonMobil Y, plant neighbor Edna Cosey... more

Dec 5, 2017 2:31 PM BIC Attends

GE sells to SUEZ; United Rentals acquires Neff Corp.; American Industrial Providers acquires Brock Group; ExxonMobil acquires Permian Basin terminal; BP to sell Pinnacle Midstream; New Jersey Resources acquires pipeline; LINN Energy to sell... more

Dec 5, 2017 12:57 PM M&A/Investment Banking Articles

ExxonMobil today announced that its wholly owned affiliate, ExxonMobil Exploration and Production Mauritania Deepwater Ltd., has signed production sharing contracts with the government of Mauritania for three deepwater offshore blocks. more

Dec 5, 2017 7:00 AM Offshore & Marine

Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. more

Dec 4, 2017 10:40 AM Upstream

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