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Exxon Mobil

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Exxon Mobil, Saudis look to create petrochemical venture in Texas

Houston Chronicle - ‎6 hours ago‎
Exxon Mobil and the Saudi Arabia Basic Industries Corp., known as SABIC, said Monday that they're considering sites in Texas and Louisiana to take advantage of cheap and abundant natural gas supplies in Texas and beyond.

Why refinery flares cost ExxonMobil nearly $20 million in pollution fines in just two years

The Daily Breeze - ‎9 hours ago‎
ExxonMobil paid a hefty $18.5 million in fines over the past two years for producing excess sulfur oxide emissions during flaring events at its former refinery in Torrance, the Southern California News Group has learned.
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ExxonMobil Goes All In with Mobil 1 at Pocono

Business Wire (press release) - ‎21 hours ago‎
BUSINESS WIRE)--A live-broadcasted virtual race, a one-of-a-kind time lapse experience and another leg of an endless road trip are all upcoming digital video events to celebrate ExxonMobil's expanded partnership with Stewart-Haas Racing at Pocono.

Flaring expected at ExxonMobil plant during maintenance

WBRZ - ‎12 hours ago‎
BATON ROUGE - Officials at the ExxonMobil Baton Rouge Chemical Plant released a statement to put the public at ease as flares will be visible lighting up the sky above the plant during maintenance work this week.

Concerns in PNG over ExxonMobil expansion

Radio New Zealand - ‎6 hours ago‎
The Independent Consumer and Competition Commission in Papua New Guinea says the recent acquisition of InterOil by ExxonMobil Corporation may raise competition issues. It was announced at the weekend that the energy giant would buy InterOil, which ...

ExxonMobil poised for sell-off of Australian assets in bid to get 'fit and lean'

The Australian - ‎Jul 24, 2016‎
In an interview with The Australian, Mr Owen said Exxon's Australian business, which has operated the nation's most prolific oilfields on behalf of a 50-50 joint venture with BHP Billiton since the 1960s, needed to become “fitter and leaner” after the ...
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ExxonMobil Wins $2.5 Billion Bidding War for InterOil

Fortune - ‎Jul 22, 2016‎
ExxonMobil said on Thursday it would buy InterOil for more than $2.5 billion in stock, adding a gas field to expand exports from Papua New Guinea and better positioning it to meet Asian demand for liquified natural gas.
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Exxon's South Pacific Gas Grab Derided by InterOil's Founder

Bloomberg - ‎12 hours ago‎
InterOil Corp.'s founder and third-largest investor said Exxon Mobil Corp.'s $3.6 billion offer for the South Pacific natural gas driller is “vastly inadequate” and he urged Exxon to sweeten the offer.

ExxonMobil to expand UK Santoprene capacity

Plastics News - ‎Jul 24, 2016‎
ExxonMobil Chemical Co. is planning to expand its specialty elastomers plant in Newport, Wales, in a bid to increase its high-performance elastomers' capacity globally, the company announced July 20.

BRIEF-Exxon Mobil and SABIC evaluate petrochemical JV on US Gulf coast

Reuters - ‎21 hours ago‎
July 25 Exxon Mobil Corp. * Complex would include a steam cracker and derivative units; plans in early stages, final investment decision to follow study completion.
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Oil Giants Exxon, Chevron Topple DJIA Monday

24/7 Wall St. - ‎14 hours ago‎
Exxon Mobil Corp. (NYSE: XOM) traded down 2.01% at $92.12. The stock's 52-week range is $66.55 to $95.55. Volume was about 30% below the daily average of around 10.6 million shares.
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Exxon Mobil makes big Papua New Guinea bid

The Globe and Mail - ‎Jul 18, 2016‎
Exxon Mobil Corp. is doubling down on Papua New Guinea, topping a rival offer for InterOil Corp., a gas explorer focused on the Southeast Asian country.
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Pipeline leak near Exxon Mobil's Baytown plant prompts evacuations - ‎Jul 17, 2016‎
A pipeline leak of a highly flammable chemical outside an ExxonMobil plant in Baytown prompted the evacuation of nearby residents Sunday morning, along with a shelter-in-place warning that extended into the afternoon.
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ExxonMobil to expand U.K. specialty elastomers capacity - ‎Jul 22, 2016‎
HOUSTON—ExxonMobil is planning to expand its specialty elastomers plant in Newport, Wales, in a bid to increase its high-performance elastomers' capacity globally, the company announced July 20.

Exxon Mobil awards Alternate Path well packing license to Baker Hughes

WorldOil (subscription) - ‎Jul 20, 2016‎
HOUSTON - Exxon Mobil has awarded Baker Hughes a limited international license to Exxon Mobil's Alternate Path technology patent portfolio for services of gravel packing cased and openhole completion wells.

BRIEF-ExxonMobil to buy Interoil for about $2.5 bln

Reuters - ‎Jul 21, 2016‎
ExxonMobil to acquire Interoil in transaction worth more than $2.5 billion. * Boards of directors of both companies unanimously approve terms of agreement.
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ExxonMobil's Qua Iboe flows 'down for a month'

Upstream Online - ‎Jul 21, 2016‎
Militant groups Niger Delta Avengers (NDA) said almost two weeks ago that it had blown up the oil giant's 48-inch crude export pipeline in Akwa Ibom state that feeds the 300,000 barrels per day capacity Qua Iboe terminal.
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Elizabeth Warren Blasts GOP Congressman And His Exxon Mobil Buddies

Huffington Post - ‎Jul 20, 2016‎
Last week, Smith, who chairs the House Committee on Science, Space and Technology, subpoenaed state attorneys general and environmental groups that are investigating whether companies like Exxon Mobil committed fraud by covering up the risks of ...

ExxonMobil to Acquire InterOil

ScandOil - ‎Jul 22, 2016‎
Exxon Mobil Corporation and InterOil Corporation have announced an agreed transaction worth more than USD 2.5 billion, under which ExxonMobil will acquire all of the outstanding shares of InterOil. “This agreement will enable ExxonMobil to create value ...