Egypt, ExxonMobil discuss activating Cyprus gas export MoU
Egypt and ExxonMobil are in talks to activate a memorandum of understanding on transporting natural gas from the…
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ExxonMobil
Egypt signs deal with ExxonMobil, QatarEnergy to explore Cyprus gas link via LNG…
Egypt signed a memorandum of understanding with ExxonMobil and QatarEnergy on Wednesday to explore linking Cypriot…
Egypt’s Minister of Petroleum discusses strengthening cooperation with ExxonMobil
Egypt's Petroleum Minister Karim Badawi met Monday with Dan Moore, Vice President of ExxonMobil Global Lubricants,…
Egypt, ExxonMobil sign deal to explore new offshore block west of Zohr
ExxonMobil on Tuesday signed a letter of intent with Egypt’s state-run EGAS to expand natural gas exploration in…
Egypt, US discuss deepening strategic energy ties at ADIPEC 2025
Egypt’s Petroleum Minister Karim Badawy met with US Secretary of the Interior and Chair of the National Energy…
QatarEnergy expands Egypt footprint with new offshore gas exploration partnership with Eni…
QatarEnergy has expanded its presence in Egypt’s energy sector through a new offshore exploration agreement with…
Egypt’s Sisi calls ExxonMobil to step up gas exploration
Egyptian President Abdel Fattah El-Sisi called on ExxonMobil Corp. to accelerate its natural gas exploration and…
US refining capacity holds steady as of January 2025
US operable refining capacity remained essentially unchanged at 18.4 million barrels per calendar day (b/cd) as of…
Egypt’s PM dicusses ExxonMobil’s offshore operations in Med concessions
Egyptian Prime Minister Moustafa Madbouly met Sunday with John Ardill, Vice President of ExxonMobil for…
Egypt approves R-Factor profitability model to boost energy exploration
Egypt’s Cabinet approved the application of the R-Factor profitability model in selected petroleum agreements on…
Aramco signs 34 deals with US firms
Saudi Aramco has signed 34 memoranda of understanding (MoUs) and agreements with major US companies through its…
Egypt expects over $700m in oil, gas investments
Egypt is expecting investments exceeding $700 million in oil and gas exploration following the closure of bidding…
PM: ExxonMobil’s new gas find in Egypt signals bright future for West Mediterranean…
Egyptian Prime Minister Moustafa Madbouly has hailed ExxonMobil's latest natural gas discovery off the coast of…
URGENT: ExxonMobil Egypt discovers gas-bearing reservoirs in N. Marakia Block
ExxonMobil Egypt (Upstream) Limited has successfully completed the drilling of the Nefertari 1 well in the North…
ExxonMobil to start gas drilling off Egypt’s West Mediterranean on Dec.15 – ministry
ExxonMobil will commence offshore drilling in the North Marakia concession in Egypt's Western Mediterranean…
Angola to boost offshore production incentives
Angola's President Joao Lourenco is poised to greenlight a law by June, introducing fresh incentives to foster…
QatarEnergy secures 40% stake in 2 Egyptian concessions
QatarEnergy and ExxonMobil have forged an agreement that sees QatarEnergy securing a 40 per cent stake in two key…
ExxonMobil’s Nigerian asset sale nears approval
ExxonMobil's sale of Nigerian petroleum assets to Seplat, a Nigerian company, may receive approval within two…
Norway’s wealth fund falls behind climate targets
Norway’s $1.6 trillion sovereign wealth fund, the largest in the world, is under scrutiny for its failure to meet…
Turkey, ExxonMobil pact to curb reliance on Russian energy
Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
ExxonMobil threatens investment pullback over EU red tape
ExxonMobil warned that it might hold back billions in climate-related investments in Europe unless Brussels reduces…
Chevron to buy competitor Hess for $53bln
US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
ExxonMobil mulls expansion in Egypt
ExxonMobil is considering expanding in the Egyptian markets soon, said Egyptian Prime Minister Mostafa Madbouly on…
ExxonMobil agrees to buy Pioneer in $59.5bln deal
ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
QatarEnergy lays foundation stone for North Gas Field expansion project
QatarEnergy laid the foundation stone for the expansion project of the North Gas Field in Qatar, it said on…
ExxonMobil, Tetra Technologies partner to produce lithium
ExxonMobil teamed up with Tetra Technologies to develop 6,100 acres of lithium in the US’ Arkansas, according to a…
Egypt starts $1.8bln gas exploration programme – minister
Egypt started a $1.8 billion programme for gas exploration wells in the Nile Delta and Mediterranean Sea, said…
ExxonMobil wins exploration rights offshore Egypt
U.S. Oil and energy company ExxonMobil announced on Tuesday it had secured exploration rights to two blocks…
ExxonMobil aims to increase investments in Egypt – ministry
U.S. oil company ExxonMobil aims to increase its investments and develop its activities in fuel marketing and…
Shell’s BG International Limited acquires ExxonMobil offshore position in Egypt
BG International Limited, a subsidiary of Shell, signed a Farm Out Agreement (FOA) to acquire a 100 percent stake…
ExxonMobil obtains a concession from EGAS to explore Egyptian marine areas
ExxonMobil Egypt (Upstream) Ltd., in partnership with Tharwa Petroleum Company, signed a new agreement with the…
ExxonMobil wins exploration blocks offshore Egypt
Global energy giant ExxonMobil Corp said on Monday it has won more than 1.7 million feddans for exploration…
ExxonMobil hopes to expand oil, gas activities in Egypt
ExxonMobil Company President Bryan Milton expressed the company’s desire to increase its cooperation and expansion…
Banque Misr, ExxonMobil launch e-payment service for petroleum services
Egypt's second largest bank, Banque Misr, in collaboration with Visa and ExxonMobil Egypt, initiated on Thursday…
Energy giants court Qatar for natural gas expansion role despite crisis
Three of the West's biggest energy corporations are lobbying Qatar to partake in a huge expansion of its gas…
Russia’s Rosneft inks deal to supply 10 LNG cargoes to Egypt in 2017
A trading unit of top Russia’s oil producer Rosneft has signed a deal to supply 10 liquefied natural gas (LNG)…
Singapore carbon tax to hit Shell, ExxonMobil profit margins: analyst
Oil majors Royal Dutch Shell and ExxonMobil could witness a 10 to 15 percent hit to profit margins at their…
Eni negotiating big oil firms on giant Egypt gas field stake sale– sources
Italy's Eni is talking to oil companies including Lukoil, ExxonMobil, Total, and BP about selling at least a 20…
ExxonMobil reportedly sacks independent syndicate leader in Egypt
U.S. oil company ExxonMobil has fired secretary general of the Independent Worker’s Syndicate, Yasser Al-Amin,…
Dow posts 6-day losing streak as oil falls; energy sheds 3%
U.S. equities ended mixed in choppy trade Monday, the first day of the month, amid falling oil prices while…