Tagged With ExxonMobil
Ultra-deepwater Namibe in doubt, despite ExxonMobil deal
20 November 2020
US major’s investment boosted prospects of Angola’s beleaguered oil sector, but its blocks are unlikely to be economically viable without a crude price rebound
Somalia poised for oil-based transformation
13 November 2020
The government hopes that promising geology and attractive fiscal terms will attract the interest of IOCs to develop its offshore oil discoveries
Small-scale LNG key to gas growth
6 November 2020
Demand for gas is set to grow from sources beyond grid generation, such as projects to directly serve the burgeoning power requirements of datacentres
ExxonMobil plans expansion into Namibe basin
4 November 2020
With production declining at its existing Angola assets, the major acquires three licences off the country’s south coast
Does selling ‘stranded assets’ lower global carbon levels?
30 October 2020
IOCs unencumbered by net-zero pledges can profit from a fire sale of carbon-intensive assets, even as their long-term prospects deteriorate
ExxonMobil makes further ripples in Guyana
8 September 2020
The South American country’s prolific upstream shows no sign of slowing as another two oil finds are added to the growing list
Somali regulator plots course through political quagmire
3 September 2020
The establishment of the Somali Petroleum Authority and launch of a licensing round may be undermined if the replacement of the ousted prime minister is not seen as legitimate
Vietnam battles for IOCs as China turns up the heat
18 August 2020
China is intensifying its pressure on Hanoi to halt IOCs’ offshore drilling activities. Some have already withdrawn and others may follow
Suriname election soothes investor nerves
11 August 2020
Calmer political waters should help turn the country into a global exploration hotspot
ExxonMobil announces Power Play finalists
4 August 2020
Community voting is now open across the three categories for the awards, which champion inclusion and diversity by celebrating remarkable women and men in the LNG industry
Guyana’s deadlock chills the investment climate
23 July 2020
A worsening political crisis risks slowing the pace of oil sector growth in the small Latin American nation
Guyana must embrace transparency to realise oil wealth
25 June 2020
Grasping the lessons from the mistakes of other countries in the region will be vital to maximising the country’s resource potential
Exxon’s Rovuma LNG project down but not out
15 April 2020
Partners in Mozambique project could seek further cost cuts as global revenue slump looks set to endure
Mozambique dreams jeopardised by insurgency
1 April 2020
The economic viability of LNG projects was undermined by crashing global energy prices and the problems are being compound by IS-linked militia attacks
US majors dismiss carbon ‘beauty competition’
30 March 2020
Firms regard the ambitious climate change targets and renewables investments of their European rivals as largely cosmetic
Majors’ divestment dilemma
26 March 2020
Depressed oil prices are forcing large-cap producers to roll back spending. But will they continue to try to shed non-core assets?
Guyana chaos a warning sign
10 March 2020
Electoral uncertainty is highlighting the dangers for new companies hoping to invest in the country’s offshore resources
Somalia signs Shell-ExxonMobil E&P roadmap
3 March 2020
Agreement with joint venture explorer boosts Somalia’s post-conflict effort to attract IOCs to its long-delayed licensing round
Spotlight on Guyana’s impending oil wealth
13 February 2020
As ExxonMobil ramps up production from the Liza project, election buzz has caused murmurings that contracts should be renegotiated
Tanzania’s LNG hopes on a knife-edge
11 February 2020
Delays to talks over Tanzania’s planned LNG export facility are putting the project’s future in jeopardy
US heavyweights feel the squeeze
11 February 2020
Financial results suffer as erratic global politics and abundant supply sends energy prices tumbling
ExxonMobil makes fresh Guyana discovery
31 January 2020
The fledgling Latin American producer’s upstream reputation builds as firm announces yet another find
Mozambique battles to overcome insurgency
28 January 2020
An Islamic State affiliate has emerged as a serious threat to the gas projects in Cabo Delgado, but the authorities remain firmly in control
Climate change litigation is driving the transition
27 January 2020
The huge court cases being filed against oil and gas companies are motivating them to invest in a low carbon future
Pressure rises in PNG gas standoff
22 January 2020
The P'nyang gas agreement is becoming a test case for the Marape government’s promise to stand up to resource extraction firms
ExxonMobil, Shell, Neste take different paths to sustainability
2 December 2019
Solutions such as renewable diesel can be much better for the environment than large-scale biofuels