• Jan 7, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is located 19 miles (31 kilometers) east of the Pluma-1 discovery in the southeast Stabroek Block. The Noble Tom Madden drillship is expected to drill the second well, Tilapia-1, about three miles (five kilometersmore...
  • Dec 28, 2018
    MAPUTO, Mozambique--(BUSINESS WIRE)--Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project. Area 4 participants are ExxonMobil, Eni, China National Petroleum Corporation (CNPC), Empresa Nacional de Hidrocarbonetos, Kogas andmore...
  • Dec 20, 2018
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has been named 2018 Large Cap Company of the Year and Explorer of the Year by the Oil and Gas Council in recognition of excellence and innovation in the global energy industry. Brad Corson, president of ExxonMobil Upstream Ventures, accepted the award for Large Cap Company of the Year. Corson said, “We are honored to be recognized as an industry leader and are confident thatmore...
    LNG
  • Dec 12, 2018
    SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has made a final investment decision to develop the West Barracouta gas field in Bass Strait to bring new gas supplies to the Australian domestic market. The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin. The company recently completed front-end engineering design work for the project, which ismore...
    LNG
  • Dec 12, 2018
    IRVING, Texas--(BUSINESS WIRE)--Darren Woods, ExxonMobil chairman and chief executive officer, presented $50,000 to Family Compass today to further the organization’s goals of ending child abuse and neglect. The grant marks the 13th annual ExxonMobil Chairman’s Gift given during the holidays to benefit and highlight a deserving nonprofit organization in North Texas. “Every child in our community should have a stable home life and strongmore...
  • Dec 3, 2018
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The resource estimate, up from the previous estimate of more than 4 billion oil-equivalent barrels, is a result of further evaluation of previous discoveries and includes a new discovery at the Pluma-1 wellmore...
  • Nov 2, 2018
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOMmore...
  • Oct 31, 2018
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.82 cents per share on the Common Stock, payable on December 10, 2018 to shareholders of record of Common Stock at the close of business on November 13, 2018. This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2018. Through its dividends, the corporation hasmore...
  • Oct 31, 2018
    SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. The new 50,000 barrel-per-day unit expands the refinery’s capacity to meet demand for cleaner transportation fuels throughout northwest Europe. The company’s investment in the new coker will alsomore...
  • Oct 31, 2018
    SINGAPORE--(BUSINESS WIRE)--ExxonMobil said today that it will contribute US$10 million over five years (S$14 million) to become the first industry founding partner in a new Singapore Energy Center partnership led by the Nanyang Technological University and National University of Singapore and designed to advance next-generation technologies. ExxonMobil signed a memorandum of understanding with the universities in November 2017 tomore...