ExxonMobil and Winterthur Gas & Diesel (WinGD) have begun a collaboration that will see the cylinder condition monitoring Mobil Serv combined with WinGD’s predictive maintenance technology, namely its Integrated Digital Expert (WiDE).
The companies claim that Continue reading ExxonMobil and WinGD join forces to improve engine optimization
Emmanuel Ibe Kachikwu, Nigeria’s Petroleum Minister, has told local media that the average production cost for oil in the country has Continue reading Nigeria claims $23 per barrel oil production cost
ExxonMobil has announced a multibillion-dollar development of its integrated manufacturing complex on Jurong Island, Singapore.
Once the expansion is Continue reading ExxonMobil announces large-scale expansion of Singapore facility
The US Energy Information Administration has projected in its 2019 Annual Energy Outlook that tight oil, which is also often referred to as shale oil, production will continue to grow and drive increasing US oil production long into the future.
Continue reading Tight oil to continue driving US production growth
ExxonMobil has announced it will provide $300,000 in financial aid to support the relief effort in Mozambique in the wake of Cyclone Idai. This was one of the worst tropical cyclones to have ever affected Africa, having killed at least 308 people in Mozambique alone and affected millions more in the region.
Continue reading ExxonMobil provides financial support for Mozambique relief
US oil companies ExxonMobil and Chevron have both sharply raised their production forecasts for their upstream operations in the Permian Basin. They claim that improvements in drilling technology means that these operations can turn a profit, even with lower oil prices.
Continue reading US oil majors raise Permian production forecasts
ExxonMobil, as part of its joint venture with Qatar petroleum, has discovered a large gas field off the south coast of Cyprus.
Continue reading ExxonMobil makes big gas find south of Cyprus
Oil giant ExxonMobil has announced that its overall gas and oil reserves over 2018 increased by 4.5 Bboe (billion barrels of oil equivalent) to, enough to cover the annual production more than three times over.
Continue reading ExxonMobil increased reserves by 4.5 Bboe over 2018
The boom in US oil production continued apace as the country reached the 12 million barrels per day (bpd) mark in the week ending February 15, according to weekly petroleum data from the Energy Information Administration (EIA).
Continue reading US oil production hits 12 million bpd threshold
ExxonMobil has built on its previous success offshore of Guyana by making two new discoveries at its Tilapia-1 and Haimara-1 wells. The company has now made 12 discoveries Continue reading ExxonMobil makes two finds offshore of Guyana