Oil and gas exploration
ExxonMobil signs deal to explore 28,000 sq km in offshore Namibia

The territory extends from the shoreline to around 215 kilometres offshore, with depths of up to 4,000 metres at points

ExxonMobil inks 20-year LNG deal with Chinese firm

The government-backed Zhejiang Provincial Energy Group will receive one million metric tons of LNG every year

ExxonMobil announces huge gas discovery offshore Cyprus

It could potentially represent between five trillion to eight trillion cubic feet of gas

Computer chip
ExxonMobil and IBM team up to unpack quantum computing

The international firms say quantum science could be used to develop next-generation energy and manufacturing technologies

ExxonMobil to power Texan oil basin with wind and solar

The energy giant has teamed up with Danish renewable energy firm Ørsted to source the clean power

ExxonMobil nails ninth oil discovery offshore Guyana

The company says Hammerhead-1 hit around 60m of ‘high quality, oil-bearing sandstone reservoir’

Bank of America, ExxonMobil invests $27.5m in Stanford energy alliance

Stanford University has launched a new energy alliance that will facilitate research and educational relationships between academics and companies. As founding members, ExxonMobil and the Bank of America have committed $20 million (£14.6m) and $7.5 million (£5.5m) respectively to the Stanford Strategic Energy Alliance. The alliance will fund early stage research across a spectrum of […]

ExxonMobil makes seventh oil discovery offshore Guyana

ExxonMobil has announced its seventh oil discovery offshore Guyana. It found around 20 metres of “high quality, oil-bearing sandstone reservoir” after drilling at the Pacora-1 exploration well. Steve Greenlee, President of ExxonMobil Exploration Company said: “Pacora will be developed in conjunction with the giant Payara field and along with other phases, will help bring Guyana […]

Eight energy firms pledge methane reductions from natural gas

BP, ExxonMobil, Shell, Statoil and Total are among eight energy companies that have committed to further reduce methane emissions from their natural gas assets. The firms, which include Eni, Repsol and Wintershall, have also agreed to encourage others across the natural gas value chain – from production to the final consumer – to follow suit. […]

ExxonMobil gets green with biofuel research deal

ExxonMobil and the University of Wisconsin-Madison (UW-Madison) have renewed research into the conversion of biomass into green transportation fuels. The oil giant and the university have agreed to work together for two more years on a project aiming to identify scalable and commercially viable solutions to use the renewable resource to help meet increasing global energy demand. Researchers say it will leverage the university’s biomass expertise with ExxonMobil’s […]