ExxonMobil

ExxonMobil 2015 profits slid by 50% from the previous year’s USD 32.5 billion to USD 16.2 billion as its US upstream segments depreciate due to the low price of oil,…

Statoil won a 15% stake in an offshore exploration block in Uruguay, Norway’s multinational oil and gas company announced on Friday.

The partners are planning to…

BG Group’s shareholders accepted the USD 50-billion merger with super-major Shell in a meeting in London yesterday.

A total of 99.53% of shareholders voted in…

Shell expects Q4 2015 profits to be up to 50% lower than 2014 with full year write-offs of USD 7 billion, the super-major stated Wednesday in its first preliminary…

Shell announced its departure from the Abu Dhabi sour gas development at the Bab gasfield on January 18th. The announcement follows a day of tumultuous trading that saw…

Iraq’s state-owned South Oil Company (SOC) approached China’s state-owned PetroChina and ExxonMobil about investing in a multi-billion-dollar project to increase…

Several major companies including ExxonMobil, Chevron and state-run Sinopec are considering a takeover of US independent Anadarko Petroleum.

Benzinga online news…

Total began drilling the Antelope-6 appraisal well in the Gulf province of Papua New Guinea on Thursday.

Total has a 40.1275% stake in the well and work will begin…

ExxonMobil announced Monday that its onshore central processing facility in the Banyu Urip field in Indonesia had started up successfully, increasing production to over…