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ExxonMobil

ExxonMobil said today it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. Read more

Upstream

Agreement demonstrates ExxonMobil’s commitment to help meet China’s natural gas demand. Read more

Natural Gas/LNG

ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round. Read more

Upstream

Interior offers 78 million acres in new Gulf lease sale; ExxonMobil streamlining upstream organization to support growth plans; WoodMac: Exploration is 'back in the black' Read more

Upstream

Rystad Energy: Three trends to sway shale growth in 2019; Exxon, Microsoft strike cloud computing agreement for U.S. shale; Howard Energy Partners, NextEra Energy Partners agree to JV Read more

Drilling & Exploration

To celebrate their contributions to the North American Growth Project, ExxonMobil's Baytown area facilities recently hosted tours of their Baytown Olefins and Mont Belvieu plants. Read more

Current Issue

An unprecedented coalition of 20 companies located in West Texas and Southeast New Mexico have come together to form the Permian Strategic Partnership (PSP). Read more

Drilling & Exploration

The expansion project will use proprietary technologies to increase yields of higher-value products with construction to begin in second half of 2019, startup anticipated in 2023. Read more

Downstream

Johns Manville, PPG, Dampney and others mingle at the NACE International Corrosion Conference in Nashville, TN. Read more

BIC Attends

Emergency crews have responded to a reported fire at the ExxonMobil Baytown refinery at 5000 Bayway Drive.  The cause of the fire is unknown and no reported injuries at this time. Currently, officials have not called for a shelter-in-place. Read more

Emergency Response

Exxon Mobil Corp is considering exploring for oil and gas in Israel, said a person with direct knowledge of the matter, in what would make Exxon the first oil major to operate in the country still technically at war with Gulf Arab states. Read more

Drilling & Exploration

Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be economical, according to Rystad Energy. Read more

Commodities

The oil industry converges this week on Houston at CERAWeek, the largest gathering of top energy executives in the Americas, with oil majors showing a bigger presence as the United States has taken the crown as the largest crude producer in the world Read more

Drilling & Exploration

The new common-carrier pipeline system will provide more than 1 million bpd of crude oil and condensate capacity. Read more

Midstream

New grants of $5 million support organizations that empower women economically. Read more

Health, Safety & Environmental

On track to significantly increase cash flow from operations and asset sales Read more

Plant Management & Operations

The size of the company’s resource base in the Permian is approximately 10 billion oil-equivalent barrels and is likely to grow further as analysis and development activities continue. Read more

Drilling & Exploration

ExxonMobil will fund the construction of a new polypropylene production unit in Baton Rouge that will expand production capacity along the Gulf Coast by up to 450,000 tons per year. Read more

Downstream

Exxon Mobil Corp has discovered natural gas off the coast of Cyprus, a find authorities said was the biggest off the Mediterranean island since it started drilling for gas in 2011. Read more

Natural Gas/LNG

A planned overhaul of the large crude distillation unit (CDU) at Exxon Mobil Corp’s 560,500 barrel per day (bpd) Baytown, Texas, refinery may take another two months to complete, sources familiar with plant operations said on Monday. Read more

Plant Management & Operations

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