China will lower the retail prices of both gas and diesel by 85 yuan (12.3 U.S. dollars) per tonne from Wednesday due to falling international prices, according to the country's top economic planner. It will be the second oil price cut ...
China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...
Tags: Oil Product, Crude Oil
“The Libra oil discovery in Brazil is one of the largest deep water oil accumulations in the world. We look forward to applying Shell’s global deep water experience and technology, to support the profitable development of this ...
Tags: Shell, oil discovery
Qatargas, the company who pioneered the LNG Industry in Qatar, now has a production capacity of 42 mtpa of LNG, from its seven trains. This makes it the world’s largest LNG producer. Commenting on this achievement, His Excellency Dr ...
Qatargas, the company who pioneered the LNG Industry in Qatar, now has a production capacity of 42 mtpa of LNG, from its seven trains. This makes it the world’s largest LNG producer. Commenting on this achievement, His Excellency Dr ...
Tags: LNG, LNG Industry
Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service. It is anticipated that the board of directors will ...
Tags: Jack Balagia, vice president and general counsel, Randall Ebner
ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the ...
Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million ...
Tags: drilling results, Liza-2 well, significant oil discovery
Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and ...
Tags: Exxon Mobil, donation, American Red Cross, Greater Baton Rouge Food Bank
Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service. It is anticipated that the board of directors of ...
Tags: Alan Kelly, retirement, Bryan Milton
Projects to focus on solar and battery technologies, plasma physics and Arctic sea-ice modeling ExxonMobil has committed $5 million toward Princeton partnership for new energy research ExxonMobil engaged in similar energy ...
Tags: ExxonMobil, Princeton University, new energy research projects
Molecular-level filter could revolutionize energy-intense chemical process Significantly reduces amount of energy used in polyester and plastic manufacturing Research published in nation’s leading peer-reviewed journal, ...
Tags: ExxonMobil, Georgia Tech, energy use
ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful ...
Tags: ExxonMobil, InterOil, transaction
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its shareholders elected Angela Braly to its board of directors. Braly is the former chairman, president and chief executive officer of health insurance ...
China will not cut its domestic retail fuel prices when international oil prices fall below 40 U.S. dollars a barrel, the country's economic planner said on Wednesday. Previously, China set a ceiling for domestic retail fuel prices, which ...
Tags: Retail Fuel Pricing, oil products