Tag: ExxonMobil

ExxonMobil, an American multinational oil and gas corporation headquartered in Texas, examines the potential for carbon capture and storage (CCS) hub in Gippsland Basin, in order to reduce GHG emissions from multiple industries, opening more CCS opportunities in Australia.

Viridos signed a joint agreement with ExxonMobil with the intent to bring Viridos’ low-carbon intensity biofuels toward commercial levels.

The majority of operators of high-speed engine vessels are not managing their engine’s lubrication as efficiently as they could, while up to two-thirds of them have the potential to extend their oil drain intervals, latest data by oil major ExxonMobil revealed. 

Oil major ExxonMobil has proposed a $100 billion multi-user carbon capture and storage hub along the Houston Ship Channel, which could help the city meet its climate aspirations and achieve its goal of becoming carbon neutral by 2050. 

ExxonMobil outlined its plans through 2025 to commercialize lower emission technologies in support of the goals of the Paris Agreement. 

ExxonMobil has conducted a successful sea trial using the company’s first marine bio fuel oil with shipping company Stena Bulk, bunkered in the port of Rotterdam.

Rystad Energy estimates that the decision taken by the Papua New Guinea (PNG) to halt the talks with ExxonMobil about the state’s share of revenues from the planned P’nyang gas field development is expected to delay two key LNG projects that would double the country’s gas output.

Somalia's Ministry of Petroleum and Mineral Resources gave the green light to Shell and ExxonMobil to explore and develop potential offshore oil and gas reserves in its territory. According to seismic data there is a possibility of significant oil reserves offshore.

The Norwegian energy research and consultancy firm Rystad Energy reported that according to its estimations the demand from the world's top oil companies for floating drilling units will increase through 2020 and 2021.

Following the environmental trend on tackling fossil fuels, American energy giants Exxon Mobil Corp. and Chevron Corp. are following a totally different path as they try to weather the storm, as Bloomberg reports.