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Exxon Mobil Scraps Potential Multibillion-dollar Asset Sale in Australia

2020-11-30 11:25:00| OGI

The decision by U.S. oil major Exxon Mobil comes just six weeks after the deadline for indicative bids for the portfolio set by adviser JPMorgan.

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Exxon Mobil Calls Latest Discovery Offshore Guyana Not Financially Viable

2020-11-17 20:26:13| OGI

The Tanager-1 well in the Kaieteur Block offshore Guyana discovered hydrocarbons but it does not appear to be financially viable on its own, a spokesman for the company said Nov. 17.

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Easton Energy Buys Exxon Mobil Pipeline System in South Texas

2020-11-11 20:25:00| OGI

The South Texas Pipeline System has 720 miles of pipeline and runs from Exxon Mobil's Clear Lake and Katy Gas Plants to Energy Transfer's King Ranch Gas Plant and the Port of Corpus Christi

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Exxon Mobil Posts Third Straight Quarterly Loss While Chevron Reports Profit

2020-10-30 14:45:00| OGI

Oil companies last quarter continued to suffer from weak prices for their products, but rivals Chevron, Shell and BP also posted higher-than-expected results after deep cost cuts this year.

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Exxon Mobil to Cut 1,900 Jobs in US

2020-10-29 16:45:00| OGI

Exxon Mobil said the job cuts, part of a global reorganization, will come mainly from its Houston office and will include voluntary and involuntary programs.

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