ExxonMobil

ExxonMobil has added 1 billion boe of proved oil and gas reserves in 2015, the super-major said in a press release on Friday.

The increase includes replacing 67% of…

Oil production on the US Gulf of Mexico will reach record highs by 2017 due to the launching of 14 projects, analyst group US Energy Information Administration said…

Shell has passed fellow super-major Chevron to become the second-biggest non-state oil company after merging with BG Group on Monday.

The merger was launched in…

Major international oil companies have scooped up offshore exploration acreage in the South Porcupine Basin, Irish officials announced on Thursday. Located in…

Anglo-Dutch oil major Shell has confirmed it will cut as many as 10,000 jobs as a response to a dramatic fall in profits. The company recorded USD 1.8 billion in…

Chevron’s credit rating was downgraded from AA to AA- by Standard & Poor’s amid cuts in the ratings of many major oil companies, the US financial services…

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…