ExxonMobil

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…

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…