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Following the news that NEO Energy is acquiring ExxonMobil’s Central and Northern North Sea assets in the UK; Daniel Rogers, Senior Oil and Gas Analyst at GlobalData, a leading data and analytics...
Exxon Mobil Corp’s global oil and gas reserves tumbled by a third last year as the COVID-19 pandemic slammed global oil prices and demand, the company said on Wednesday. The largest U.S. oil producer...
ExxonMobil is to sell most of its UK North Sea assets to Norwegian private equity-backed NEO Energy for at least $1 billion, it said Feb. 24, lowering the curtain on what has been a near-60-year...
Exxon Mobil is selling its non-operating upstream assets in the UK’s central and northern North Sea to HitecVision for around $1 billion. The sale price is subject to closing adjustments and has...
ExxonMobil said Wednesday it has agreed to sell most of its non-operated upstream assets in the U.K. central and northern North Sea to HitecVision for more than $1 billion. The sale has additional...
(Bloomberg) -- Four of the largest refineries in Texas are discovering widespread damage from the deep freeze that crippled the state and expect to be down for weeks of repairs, raising the potential...
As per the latest 13F filing, Paulson & Co (John Paulson) added new positions in Thryv Holdings (THRY), Occidental Petroleum (OXY), American Equity Investment Life Holding (AEL),...
(Bloomberg) -- The wreckage of 2020 still looms large in the boardrooms of Big Oil as executives this week laid out deep spending cuts and plans to repay stubbornly-high debt even as crude rallies to...
By Peter Nurse Investing.com -- Crude oil prices traded in mixed fashion Thursday, handing back earlier gains that were based on a further reduction in U.S. stockpiles and an agreement by top...
ExxonMobil expects 2021 capital expenditures to decline 11-25% from 2020 levels as the company focuses on projects with lower breakevens amid an uncertain price environment, company executives said...
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