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Exxon Mobil, Chevron CEOs Discussed Merger: Reports

2021-01-31 22:15:00| OGI

If true, the combination of Exxon Mobil and Chevron would form the worlds second largest oil company by market cap and production, second in both measures to Saudi Aramco.

Tags: reports discussed mobil merger

 

Exxon Mobil Unit Set to Deliver Gas from West Barracouta to Aussie Market in 2021

2021-01-28 14:51:23| OGI

The company said it was preparing to build the final subsea infrastructure for the project.

Tags: set west market unit

 
 

Exxon Mobil to Boost Sustainability Investments in Response to Activist Investors: Reports

2021-01-27 21:00:00| OGI

The pressure from investors follows years of decline in Exxon Mobil's stock, which has underperformed its closest U.S. rival, Chevron Corp., by a long margin in the last five years.

Tags: reports response mobil investments

 

Exxon Mobil Says Latest Guyana Well Did Not Find Oil in Target Area

2021-01-15 21:45:08| OGI

The disappointment at Hassa-1 comes after Exxon said in November its crude discovery at the Tanager-1 well in the Kaieteur block was not financially viable on its own.

Tags: find area latest target

 

SEC Launches Probe of Exxon Mobil on Permian Basin Asset Valuation

2021-01-15 18:15:00| OGI

Several people involved in valuing the Exxon Permian Basin asset during an internal assessment in 2019 said employees were being forced to use unrealistic assumptions, according to a report from the Wall Street Journal.

Tags: sec mobil asset probe

 

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