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Tag: ExxonMobil
ExxonMobil (NYSE: XOM) is investing over $200 million to expand its advanced recycling operations at its Baytown and Beaumont sites in Texas. The expansion will add 350 million pounds of...
ADNOC’s Strategic Stake in ExxonMobil’s Hydrogen Plant Abu Dhabi’s ADNOC will acquire a 35% stake in ExxonMobil’s upcoming hydrogen plant in Baytown, Texas. This move is part of a broader...
ExxonMobil and Air Liquide have formed a strategic partnership to drive the production and distribution of low-carbon hydrogen and ammonia, aiming to decarbonize industrial operations along the U.S. Gulf Coast....
Exxon Mobil Corporation announced that Maria Jelescu Dreyfus has joined its board of directors, effective May 3, 2024. Ms. Dreyfus is CEO and founder of Ardinall Investment Management, an investment...
The fight against plastic waste pollution is a global challenge, and ExxonMobil is a key player at the negotiating table. Currently, discussions for a global plastics treaty are underway in...
A joint press release by the S-Hub consortium. The S-Hub consortium, comprising ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd., is proud to be selected to work with...
Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5...
ExxonMobil’s latest milestone in carbon capture and storage (CCS) comes from the UK North Sea, where we were a winner in the UK’s first-ever carbon storage licensing round. ExxonMobil’s Low Carbon...
ExxonMobil Low Carbon Solutions’ newest carbon capture and storage agreement – with Nucor Corporation, one of North America’s largest steel producers – demonstrates its continued momentum in helping industrial customers...
ExxonMobil announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end engineering and design (FEED). A final investment decision...
ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will invest about $560 million to move forward with construction of the largest renewable diesel facility in Canada. The project at Imperial’s...
Mitsubishi Corp has agreed with Exxon Mobil Corp and Japan’s biggest steelmaker Nippon Steel Corp to consider a carbon dioxide capture and storage (CCS) project, a spokesperson at the trading house said...
ExxonMobil announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business....
ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The...
Agreement initiates joint study to identify carbon capture and storage opportunity Project could capture up to 10 million metric tons of CO2 per year subject to the joint study Collaboration supports...
Potential production of up to 20,000 metric tons of green hydrogen; distribution of up to 100,000 metric tons of green ammonia Opportunity for Slagen terminal to provide lower-emission marine fuels...
Annual Shareholders Meeting highlights company’s plans to play a leading role in the energy transition Strategy focused on five priorities to sustainably grow shareholder value Streamlined business structure to take...
Agreement to assess implementation of lower-emissions technologies in Indonesia Builds on memorandum of understanding signed at COP 26 Collaboration will support Indonesia’s 2060 net-zero ambition ExxonMobil and Pertamina, the state-owned...
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. Discoveries at Barreleye-1, Patwa-1...
ExxonMobil said that approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New Mexico have been independently certified and received...
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