Tag Archives: exxon

Exxon to Buy Gas Explorer InterOil for Up to $3.6 Billion

by  Bloomberg, Joe Carroll Thursday, July 21, 2016 (Bloomberg) – Exxon Mobil Corp. agreed to buy natural gas explorer InterOil Corp. for as much as $3.6 billion to acquire discoveries in Papua New Guinea that will feed the buyer’s existing … Continue reading

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The Unloved Business That’s Saved Big Oil From Low Energy Prices

May 5, 2016 — 7:01 AM SGTUpdated on May 6, 2016 — 2:07 AM SGT By Javier Blas twitter: javierblas2 Petrochemical earnings accounted for 75% of Exxon’s net income Oil executives see future for chemicals beyond crude rout Big Oil is suddenly Big … Continue reading

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Western Australia’s Gorgon liquefied natural gas project begins production

8-March-2016 After construction delays, union woes, and multi-billion-dollar budget blow-outs, the Gorgon liquefied natural gas project is finally up and running off WA’s north-west coast. Chevron Corporation has announced the first shipment is expected to leave next week from Barrow … Continue reading

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Australia’s LNG industry: $54 billion Chevron-led Gorgon project to ship first cargo

REUTERS, Thu Feb 25, 2016 4:31am EST http://www.reuters.com/article/australia-lng-export-projects-idUSL3N16108R

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ExxonMobil starts Banyu Urip CPF

Monday, 14 December 2015 01:53 Written by  Audrey Raj ExxonMobil announced the startup of its onshore central processing facility (CPF) at the Banyu Urip field in Indonesia, helping increase production to more than 130,000 bo/d. With the CPF now online, … Continue reading

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ExxonMobil sold its biggest Indonesian assets to Pertamina

September 15, 2015 – JASON JIANG ExxonMobil Indonesia has signed an agreement to sell its assets in Aceh to Indonesia’s state run energy giant Pertamina amid the doldrums in the offshore oil sector, according to local media reports. The assets include … Continue reading

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ExxonMobil completes $246 million gas project in Australia’s Bass Strait

Sydney (Platts)–7 Aug 2015 958 am EDT/1358 GMT   ExxonMobil has completed a A$335 million ($246 million) drilling program at the Turrum field in Bass Strait aimed at unlocking additional gas supplies for eastern Australia. The program, undertaken by ExxonMobil … Continue reading

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