ExxonMobil (NYSE:XOM)

Africa Oil & Gas: Galp Farms-Down 40% In Namibia PEL 82 To ExxonMobil

Posted on February 6, 2018 by Mozambique Resources Post

Portugal’s Galp Energia said Jan. 31 it will farm-down a 40% participating interest in the Petroleum Exploration License (PEL) 82 in Namibia to an ExxonMobil subsidiary.

Global Oil & Gas: ExxonMobil names new head of gas and power marketing unit

Posted on February 6, 2018 by Mozambique Resources Post

US-based energy giant and LNG player, ExxonMobil has named a new head for its gas and power marketing unit after the current president Rob Franklin announced his intention to retire.

Global Oil & Gas: ExxonMobil Earns $19.7 Billion in 2017; $8.4 Billion in Fourth Quarter

Posted on February 5, 2018 by Mozambique Resources Post

US-based energy giant ExxonMobil on Friday reported a surge in fourth-quarter profit due to a favorable impact from the recent U.S. tax reform as well as higher oil and gas prices.

Global Oil & Gas: “Shell Poised To Dethrone Exxon In Oil Titans’ Cash Clash” – Reuters

Posted on February 1, 2018 by Mozambique Resources Post

LONDON, Feb 1 (Reuters) – Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector’s biggest cash generator after higher oil and gas prices combined with an improved performance lifted its 2017 revenue.

World Oil and Gas Council: ExxonMobil Named 2017 Explorer of the Year by

Posted on January 22, 2018 by Mozambique Resources Post

Award recognizes ExxonMobil’s industry-leading exploration portfolio Significant discoveries made offshore Guyana during the year ExxonMobil portfolio strengthened through acquisitions and other activities IRVING, Texas – ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry.

Africa Oil & Gas: ExxonMobil to commence operations in Ghana

Posted on January 13, 2018 by Mozambique Resources Post

American multinational oil and gas company ExxonMobil Corporation is to begin full operations in Ghana this year – 2018. It follows successful negotiations with Ghana to carry out exploratory works at the deep water cape three points.

Mozambique Oil & Gas: “ExxonMobil delights in Anadarko’s frustration” – Intelligence sources

Posted on January 9, 2018January 9, 2018 by Mozambique Resources Post

The independent American firm is racking up disappointments with the government while ExxonMobil continues to look into acquiring the firm’s assets. […]

Mozambique Oil & Gas: ExxonMobil Completes LNG Acquisition on Rovuma Area 4 block

Posted on December 13, 2017 by Mozambique Resources Post

ExxonMobil announced today the completion of a transaction by ExxonMobil Development Africa B.V. to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.

Sustainability: ExxonMobil bows to investor requests for enhanced climate change disclosures

Posted on December 13, 2017 by Mozambique Resources Post

Exxon Mobil (NYSE:XOM) says it will provide more disclosure related to the potential impact of climate change on its business starting “in the near future,” according to a new SEC filing.