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Venture Global's Plaquemines plant to produce first LNG ahead of controversial long commissioning

Venture Global LNG is set to start production at its Plaquemines plant, facing contract disputes and budget overruns while aiming to capitalize on spot market sales.

investing.com • 12/12/2024 - 23:17 PM

XOM

US senators, green groups call for accountability over hacking of Exxon critics

Democratic senators and environmental groups demand investigations into Exxon Mobil's alleged involvement in a hacking campaign targeting critics, raising serious concerns over corporate espionage tactics.

investing.com • 12/12/2024 - 11:12 AM

Exxon wants to extract its value from Hess Guyana assets, CEO says

Exxon Mobil aims to participate in Hess Corp's sale of Guyana oil assets, asserting its rights amidst a merger challenge with Chevron, pending arbitration decisions.

investing.com • 11/12/2024 - 17:26 PM

XOM

ExxonMobil outlines $140 billion investment plan through 2030

ExxonMobil's 2030 plan: increased investments, production targets, and low-carbon initiatives aimed at enhancing shareholder value while reducing emissions.

investing.com • 11/12/2024 - 12:24 PM

XOM

Exxon gets extension on Sakhalin-1 stake sale to 2026

Putin has extended Exxon's deadline to divest its stake in Sakhalin-1 until 2026, amidst restrictions on foreign investors in strategic projects.

investing.com • 09/12/2024 - 13:31 PM

Oilfield service consolidation to increase under Trump, report says

Deloitte forecasts increased oilfield service sector consolidation in 2025 due to relaxed regulations under Trump's presidency, following significant mergers among major oil producers.

investing.com • 05/12/2024 - 05:05 AM

GM
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Exxon names former GM president to run oil and gas business

Dan Ammann, ex-GM president, to lead Exxon's oil and gas business from Feb 2025, signaling management shakeup as part of cleaner energy transition efforts.

investing.com • 03/12/2024 - 18:06 PM

XOM

Exxon weighs sale of Singapore fuel stations for $1 billion, Bloomberg News reports

Exxon Mobil is considering selling its 59 petrol stations in Singapore for around $1 billion to focus on higher growth opportunities in the energy sector.

investing.com • 03/12/2024 - 06:06 AM

XOM

Exxon mulls $1 bln sale of Singapore gas stations- Bloomberg

Exxon Mobil is considering selling its Singapore gas station business, which may generate $1 billion, signaling a continued divestment strategy in Southeast Asia.

investing.com • 03/12/2024 - 05:35 AM

Exxon talks continue on shallow-water block in Guyana auction, company says

Exxon Mobil and partners are negotiating with Guyana's government for offshore block S8, with ongoing interest in carbon capture and oil exploration despite previous indications of withdrawal.

investing.com • 03/12/2024 - 00:48 AM

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