Representatives from ExxonMobil and various government agencies – including Dutch minister for Economic Affairs and Climate Policy Eric Wiebes, Port of Rotterdam CEO Allard Castelein, and, from the US Embassy, Shawn Crowley – gathered at the Port of Rotterdam to mark the start-up of ExxonMobil’s new advanced hydrocracker facility at the port. Continue reading ExxonMobil celebrates new Rotterdam hydrocracker installation
ExxonMobil CEO, Darren Woods, has told shareholders that he expects the company’s downstream earning’s potential to more than double between 2017 and 2025 based on 2017 adjusted returns. Continue reading ExxonMobil to double downstream earnings
Prime Minister Adel Abdul-Mahdi of Iraq has announced the country’s intention to work with oil majors ExxonMobil and PetroChina to take seawater from the Persian Gulf and use it to boost oil production Continue reading PetroChina and ExxonMobil in $53 billion Iraq megaproject
Qatar Petroleum and ExxonMobil are to build on their existing partnership by investing $10 billion in a new project to export exporting liquefied natural gas (LNG) Continue reading ExxonMobil and Qatar Petroleum give go-ahead to LNG project
Quoting sources privy to the data, Reuters reports that Russia was already pumping up to 11.193 million bpd (barrels per day) in the first days of July. Continue reading Russia already increasing oil production
ExxonMobil is set to begin new exploration in the Gippsland Basin off the south-east coast of Australia, where together with its venture partner BHP, the company has extracted more than 8 trillion cubic feet of gas and 4 billion barrels of oil. The two companies drilled their first exploratory well in the province back in 1965.
The Gippsland Basin has been one of the country’s most prolific Continue reading ExxonMobil set to return to site of Australia’s first offshore well
It has already been predicted that the US will soon become the world’s top oil producer, but the country is also the world’s largest consumer of oil. This situation has meant it has generally been a big net importer of crude oil and refined oil products, especially after US oil production began Continue reading US set to become world’s top oil exporter
The manufacturers’ association EEF has published the results of its quarterly survey, which found UK manufacturing to be in robust condition. The trade body predicts Continue reading Trade body predicts UK manufacturing to outperform wider economy
Hydrogen fuel cells may be more associated with powering automobiles, but Daimler has announced—in association with HPE, the National Renewable Energy Laboratory, and Continue reading Daimler and HPE look to hydrogen fuel cells for data centres
ExxonMobil has launched its new Pegasus 1100 series of oils to keep pace with recent developments in gas engines.
This next-generation series was Continue reading ExxonMobil introduces a new series of gas engine oils