Hints and tips:
Showing results for MOBIL OIL CORP.
Related Special Reports
...Top oil industry executives have hit out at US President Joe Biden’s decision to pause approvals for new liquefied natural gas export terminals, with Shell’s CEO warning it will “erode confidence” in an...
...Texas, the leading US oil-producing state, has declared Climate Action 100+ to be anti-oil and blocked financial companies, including BlackRock, from doing business with the government....
...to block similar megamergers in the oil patch....
...The acquisition — Exxon’s biggest since it merged with Mobil in 1999 — is set to be completed on Friday....
...We start today with what would be Exxon’s biggest takeover since the tie-up with Mobil in 1999....
...Access to some of Guyana’s 11bn barrels of offshore oil was a key rationale for Chevron’s acquisition of Hess announced last year....
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
...Chevron’s proposed deal would hand it control of 30 per cent of the Stabroek Block, one of the largest offshore oil discoveries in decades. Exxon owns 45 per cent of the oil block off Guyana’s coast....
...It almost marks a reversal of fortunes for Equatorial Guinea, which was once a hotbed of promise when Mobil discovered oil there and Exxon increased production after its takeover in 1999....
...It is expected to generate 110,000 barrels of oil per day for Hess and has 11bn barrels of recoverable deposits overall. The project is already enriching impoverished Guyana....
...Mobil stopped exploring because “they thought that there was no way for them to commercialise gas, which was true in the early 1990s”, Macmillan said....
...The dispute between the two US oil supermajors has dominated discussions both on and offstage at CERAWeek, an annual gathering of the biggest names in the oil and gas industry....
...Those arguing that higher oil prices are ahead often point in evidence to a chronic lack of investment in oil exploration of late....
...Both deals are on a scale rarely seen since the megamergers of the late 1990s and early 2000s — BP-Amoco, Exxon-Mobil and Chevron-Texaco — that formed the modern supermajors....
...of a stake in a Guyana oil project that is central to the deal....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...The purchase of Pioneer marks Exxon’s largest acquisition since it was formed through the merger of Exxon and Mobil in 1999. More from my colleagues Stefania Palma and Jamie Smyth here....
...The purchase of Pioneer, which was founded by chief executive Scott Sheffield in 1997, is the group’s biggest acquisition since it was formed through the merger of Exxon and Mobil in 1999....
...Brent Berg, president and chief executive of Rare Element Resources, a minerals company, will join Uranium Energy Corp, a North American uranium company, as senior vice-president of US operations....
...An acquisition would be ExxonMobil’s biggest since it was formed in a historic tie-up between Exxon and Mobil in 1999....
...His total pay was 199 times that of the median Exxon employee and the largest since he took the helm of the oil major in 2017....
...It comes amid a broader surge in merger and acquisition activity in the US oil and gas industry, as companies place bets on the future of the energy mix and appetite dwindles to build new pipelines amid...
...America’s oil supermajors increased output sharply in their own backyard in 2023, pursuing a strategy of doubling down on oil and gas that has prompted blowback over their commitment to cutting emissions...
...In addition to the drone strikes overnight, two armed militia units based in Ukraine and backed by Kyiv — the Russian Volunteer Corps and Free Russia Legion — made incursions from Ukraine into the Belgorod...
...combined with Mobil....
International Edition