Tag: ExxonMobil

ExxonMobil to divest Norwegian assets for $4.2bn: repor

OSLO: US energy giant ExxonMobil will sell its assets in Norway to Norwegian company Var Energi, owned by Italian Eni, for 38 billion Norwegian kroner...

Cuba to defend itself in US court over ExxonMobil lawsuit

HAVANA: Cuba announced Tuesday it would defend itself in US court against oil giant ExxonMobil, which has accused two companies on the island nation of...

Nigeria’s NNPC says it paid debts owed to Mobil Producing Nigeria

LAGOS: Nigerian state oil company NNPC on Wednesday said it had fully settled its debts to ExxonMobil's local subsidiary with a payment of $833.57 million. NNPC...

Oil shares sag as S&P 500 ends at another record

NEW YORK: Petroleum-linked shares tumbled with oil prices on Tuesday as Wall Street stocks finished a choppy session higher, with the S&P 500 at a...

Greece licenses Exxon, Total to explore untapped waters off Crete

ATHENS: Greece on Thursday awarded licences to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country's first major foray...

Investor LGIM dumps ExxonMobil from its Future World funds

LONDON: Britain's biggest asset manager has removed ExxonMobil and four more companies from its 5 billion pounds ($6.3 billion) Future World funds, and said it...

Exxon’s $53bn Iraq deal hit by contract snags, Iran tensions

BASRA, IRAQ/BAGHDAD: Just weeks ago, US energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq's oil output at...

ExxonMobil backs LNG imports to world’s biggest exporter

BRISBANE: Imports of liquefied natural gas (LNG) to Australia - the world's biggest LNG exporter - now appear "highly realistic" as the country struggles to...

Hungary calls on US to spur Exxon gas project in Black Sea

BUDAPEST: The United States could help Hungary diversify away from Russian energy by encouraging ExxonMobil to proceed with long-stalled plans to develop the Domino-1 gas...

ExxonMobil shelves Canada LNG export project

LONDON: US oil major Exxon Mobil Corp has withdrawn its WCC liquefied natural gas (LNG) export terminal in Canada from the environmental assessment process, it...