Featured ExxonMobil to start gas drilling off Egypt’s West Mediterranean on Dec.15 – ministry Aya Anwar Dec 5, 2024 0 ExxonMobil will commence offshore drilling in the North Marakia concession in Egypt's Western Mediterranean…
Featured Angola to boost offshore production incentives Aya Anwar May 13, 2024 0 Angola's President Joao Lourenco is poised to greenlight a law by June, introducing fresh incentives to foster…
Energy QatarEnergy secures 40% stake in 2 Egyptian concessions Aya Anwar May 12, 2024 0 QatarEnergy and ExxonMobil have forged an agreement that sees QatarEnergy securing a 40 per cent stake in two key…
Africa News ExxonMobil’s Nigerian asset sale nears approval Aya Anwar May 2, 2024 0 ExxonMobil's sale of Nigerian petroleum assets to Seplat, a Nigerian company, may receive approval within two…
Featured Norway’s wealth fund falls behind climate targets Aya El Sayed Apr 29, 2024 0 Norway’s $1.6 trillion sovereign wealth fund, the largest in the world, is under scrutiny for its failure to meet…
Energy Turkey, ExxonMobil pact to curb reliance on Russian energy Aya Anwar Apr 28, 2024 0 Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
Money ExxonMobil threatens investment pullback over EU red tape Aya El Sayed Feb 20, 2024 0 ExxonMobil warned that it might hold back billions in climate-related investments in Europe unless Brussels reduces…
Tech/AI Chevron to buy competitor Hess for $53bln Sama Mousa Oct 24, 2023 0 US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
Featured ExxonMobil mulls expansion in Egypt Sama Mousa Oct 16, 2023 0 ExxonMobil is considering expanding in the Egyptian markets soon, said Egyptian Prime Minister Mostafa Madbouly on…
Tech/AI ExxonMobil agrees to buy Pioneer in $59.5bln deal Sama Mousa Oct 11, 2023 0 ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…