Saturday 19 April 2014
 
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ExxonMobil

All forms of energy required to meet growing demand

The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, a report said.

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Feedstock flexibility 'a key advantage'

Innovation and integration resulting in greater feedstock flexibility have provided a significant competitive advantage for ExxonMobil’s chemical business, Steve Pryor, president of ExxonMobil Chemical Company, said. Speakin

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Berkshire buys key Exxon Mobil stake

Warren Buffett's Berkshire Hathaway has disclosed a new $3.45 billion stake in Exxon Mobil Corporation, after buying 40.1 million shares in the world's largest publicly traded oil company. Although the investment represent

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Refining boosts Exxon, Chevron earnings

Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for ExxonMobil and Chevron, the two largest US oil companies. A flood of oil produced from US shale formations has pushed refining margins high

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Sabic, ExxonMobil seminar on rubber industry

The Saudi Basic Industries Corporation (Sabic) and its joint venture partner ExxonMobil recently hosted a symposium promoting rubber industry downstream development at Sabic headquarters in Riyadh. Industry experts from around the

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Exxon chief backs Kurdish oil deal

The chief executive of US oil major ExxonMobil reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website said. Iraq's central government

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Exxon plans $185bn energy development spend

ExxonMobil, the global oil and gas company, plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, said its chairman and CEO. “During challenging times for t

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ExxonMobil launches enhanced oil series

ExxonMobil Lubricants and Petroleum Specialties, a division of Exxon Mobil Corporation, launched its new generation of high-performance synthetic gear, circulating and bearing oils. The Mobil SHC 600 Series lubricants are the latest additi

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Qatar University, Exxon plan teachers academy

Qatar University and ExxonMobil will pilot a program designed to help educators enhance their math and science teaching skills through an innovative training program.  The prospective Qatar University ExxonMobil Teachers Academy is a

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Rosneft, ExxonMobil ink strategic Arctic deal

Russian oil giant Rosneft said it has joined forces with ExxonMobil for the development of Arctic and Black Sea resources and also inked a deal to expand technology sharing and implement joint global projects. Rosneft president Eduard Khu

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