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Exxon Mobil Posts First Profit in Five Quarters on Higher Oil Prices

2021-04-30 15:13:59| OGI

Net income attributable to Exxon was $2.73 billion, or 64 cents per share, in the first quarter, compared with a loss of $610 million, or 14 cents per share, a year earlier.

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Exxon Mobil Strikes Oil at Uaru-2 Offshore Guyana

2021-04-27 16:50:23| OGI

The find pushes the estimated amount of discovered recoverable resources on the Stabroek Block offshore Guyana beyond 9 billion barrels of oil equivalent, Exxon Mobil and partners say.

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New York City Sues Exxon Mobil, BP, Shell over Climate Change

2021-04-22 23:35:00| OGI

The lawsuit comes after a federal appeals court this month rejected New York Citys effort to hold five major oil companies liable to help pay the costs of harm caused by global warming.

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Exxon Mobil Cranks Up West Barracouta Offshore Australia

2021-04-21 15:49:08| OGI

Exxon said the project enables the delivery of gas to southern and eastern Australian states, where a potential gas shortfall had been predicted as early as 2023.

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Exxon Mobil Floats $100 Billion Carbon Storage Project Near Houston

2021-04-20 11:15:00| OGI

The plan would require "$100 billion or more" from companies and government agencies to store 50 million metric tons of CO by 2030, says Joe Blommaert, president of Exxon Mobils Low Carbon Solutions business.

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