Operator · Argentina : Vaca Muerta, Barnett Shale & Cana - Woodford Shale
ExxonMobil
80 articles mentioning ExxonMobil · Page 1 of 4
The Permian Play: How ExxonMobil Is Rewriting the Shale Narrative
In the heart of the Permian Basin, where the shale revolution was born and many say it may soon peak, ExxonMobil is telling a very different story—one that isn’t about managing decline but about building the...
Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix improvements, and cost and execution efficiencies Increased oil...
ExxonMobil Fourth Quarter, Full Year 2022 Results
Exxon Mobil Corp. reported its fourth quarter and full year 2022 results. Exxon announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in full-year earnings of $55.7 billion, or $13.26 per...
ExxonMobil Brings On New VP / Treasurer
ExxonMobil reported that Jim Chapman has been appointed vice president, Tax and Treasurer, effective November 28, 2022. Chapman replaces Jaime Spellings, who has elected to retire after 31 years of service with the company. About Chapman...
ExxonMobil Third Quarter 2022 Results
Exxon Mobil Corp. reported its third quarter 2022 results. Exxon announced third-quarter 2022 earnings of $19.7 billion, or $4.68 per share assuming dilution. Third-quarter results included net favorable identified items of nearly $1 billion associated with...
IKAV To Acquire Aera From Exxon & Shell
IKAV, the international asset management group, has agreed to acquire Aera Energy LLC (“Aera”), through two separate transactions with the joint venture subsidiaries of ExxonMobil and Shell respectively. The transactions are subject to regulatory approval. Aera...
ExxonMobil Second Quarter 2022 Results
Exxon Mobil Corp. reported its second quarter 2022 results. Exxon Mobil Corporation today announced estimated second-quarter 2022 earnings of $17.9 billion, or $4.21 per share assuming dilution. Second-quarter results included a favorable identified item of nearly...
Exxon Makes Dual Discoveries at Liza, Payara Prospects Offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year,...
ExxonMobil First Quarter 2022 Results
ExxonMobil reported its first quarter 2022 results. Highlights: Earned $5.5 billion in first quarter 2022; generated $14.8 billion of cash flow from operating activities, more than covering capital investment and shareholder distributions Earnings excluding identified items...
Exxon, Hess to Proceed with Yellowtail Development Offshore Guyana
ExxonMobil has made a final investment decision to proceed with development of Yellowtail offshore Guyana after receiving government and regulatory approvals. The company's fourth, and largest, project in the Stabroek Block is expected to produce approximately...
ExxonMobil, Murphy Come Up Empty at Cutthroat-1 Well Offshore Brazil
Murphy Oil Corp. and ExxonMobil announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the presence of hydrocarbons was not found, the partner group will...
Exxon Reports Changes to Board of Directors
The board of directors of Exxon Mobil Corp. reported that lead independent director Kenneth C. Frazier has announced his intention not to stand for re-election to the board at the annual meeting of shareholders on May...
Exxon Taps Former GM President as Leader of Low Carbon Solutions Unit
ExxonMobil reported that Dan Ammann, former General Motors president and CEO of Cruise autonomous vehicle company, has been appointed president of ExxonMobil Low Carbon Solutions, effective May 1. Ammann replaces Joe Blommaert, who has elected to...
ExxonMobil Hires New VP of Public and Government Affairs
ExxonMobil reported that Matt Furman has been elected vice president of public and government affairs, effective April 1, replacing Suzanne McCarron, who has elected to retire after 24 years of service. About Furman: Furman joins ExxonMobil...
Energy Firms Exit Russian Projects En Masse, Citing Ukraine Invasion (Updated 3/4/22)
This week, several energy companies have announced that they will be abandoning projects tied with Russia in protest of the country's invasion of Ukraine. Several other firms who have asset connections with Russia are reportedly mulling...
ExxonMobil to Close Out Russian Operations; Make No Further Investments
ExxonMobil will close out its Sakhalin-1 project in Russia in response to the country's invasion of Ukraine. Exxon held a 30% stake in the project. The company will also make no further investments in Russian projects,...
ExxonMobil Begins Production at Stabroek Liza Unity Offshore Guyana; Will Hit 220,000 BOPD
ExxonMobil has started production at Guyana's second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country's first...
ExxonMobil Fourth Quarter, Full Year 2021 Results
ExxonMobil Corp. reported its fourth quarter and full year 2021 results. Highlights: Generates $48 billion of cash flow from operating activities, the highest level since 2012, more than covering capital investments, debt reduction, and dividend Reduces...
ExxonMobil to Relocate HQ to Houston; Streamline Businesses
ExxonMobil is streamlining its business structure through several measures. This change will also consolidate the Upstream into a single organization, ExxonMobil Upstream Company, which will be led by Liam Mallon, formerly president of ExxonMobil Upstream Oil...
ExxonMobil Taps New VP of Investor Relations as Littleton Retires
ExxonMobil reported that Jennifer Driscoll has been appointed vice president of investor relations, effective Feb. 7, replacing Stephen Littleton, who has elected to retire after 30 years of service. About Driscoll: Driscoll joins ExxonMobil from Caterpillar,...