Business Wire

  1. Hess Announces Two New Discoveries Offshore Guyana

    Hess Corporation recently announced positive results from the Tilapia-1 and Haimara-1 wells offshore Guyana, bringing the total number of discoveries on the Stabroek Block to 12.

  2. ExxonMobil Announces Two New Discoveries Offshore Guyana

    ExxonMobil said recently it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12.

  3. ExxonMobil, Qatar Petroleum To Proceed With Golden Pass LNG Export Project

    ExxonMobil and partner Qatar Petroleum said recently they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas.

  4. ExxonMobil Earns $20.8B In 2018; $6B In Fourth Quarter

    Exxon Mobil Corporation: Third Fourth Quarter Quarter Twelve Months 2018 2017 % 2018 % 2018 2017 % Earnings Summary (Dollars in millions, except per share data) Earnings (U.S. GAAP) 6,000 8,380 -28 6,240 -4 20,840 19,710 +6 U.S. Tax Reform 20 5,942 271 291 5,942 Asset Impairments (429 ) (1,294 ) (18 ) (489 ) (1,521 ) Earnings Excluding U.S. Tax Reform and Impairments 6,409 3,732 +72 5,987 +7 21,038 15,289 +38 Earnings

  5. ExxonMobil Streamlining Upstream Organization To Support Growth Plans

    Exxon Mobil Corporation said recently it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025.

  6. ExxonMobil Advancing Integrated Gas-For-Power Development In Vietnam

    ExxonMobil, with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation, said recenty that it is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam.

  7. ExxonMobil To Proceed With New Crude Unit As Part Of Beaumont Refinery Expansion

    ExxonMobil said recently that it has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000 barrels per day.

  8. Halliburton Appoints New Western Hemisphere President

    Halliburton Company is pleased to announce that Mark Richard, currently senior vice president of the Northern Region, has been promoted to succeed Jim Brown as president of the Western Hemisphere effective Feb. 1, 2019.

  9. ExxonMobil And IBM To Advance Energy Sector Application Of Quantum Computing

    ExxonMobil said recently that it has signed a partnership agreement with IBM to advance the potential use of quantum computing in developing next-generation energy and manufacturing technologies.

  10. ExxonMobil Begins Drilling Haimara-1 Exploration Well Offshore Guyana

    ExxonMobil said recently that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January.