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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Exxon ordered to turn over management committee documents, confer with NYAG on Tillerson emails
Wednesday, 22 Mar 2017 12:50pm EDT 

New York State Judge Orders Exxon Mobil Corp To Turn Over Management Committee Documents To Ny Attorney General By March 31--Court Hearing Judge Also Instructs Exxon To Confer With New York Attorney General About Recovering Lost Emails From Former Ceo Rex Tillerson's Alias Email Account Ny Attorney General Eric Schneiderman Had Subpoenaed Exxon As Part Of Probe Into Whether Company Misled Investors, Public About Climate Change Schneiderman Believes Exxon Lost A Year Of Emails From Tillerson That Had Been Sent Under 'wayne Tracker' Alias Order Issued By New York State Supreme Court Justice Barry Ostrager With Regard To Tillerson, Who Is Now U.S. Secretary Of State Keywords:.  Full Article

Exxonmobil files for potential debt shelf; size undisclosed - SEC filing
Friday, 10 Mar 2017 12:32pm EST 

Exxon Mobil Corp :Files for potential debt shelf; size undisclosed - SEC filing.  Full Article

HNZ Group agrees helicopter services deal with Exxonmobil Canada, Encana
Thursday, 9 Mar 2017 09:18am EST 

HNZ Group: Secured new, multi-year contract to provide helicopter services to support Exxonmobil Canada, Encana Corp's activities offshore Nova Scotia, Canada .Will supply two sikorsky s-92 helicopters for a term of 3 years beginning late in Q2 of 2017.  Full Article

Exxonmobil to acquire 25 pct interest in Mozambique Area 4 from ENI
Thursday, 9 Mar 2017 06:00am EST 

Exxon Mobil Corp: Exxonmobil to acquire 25 percent interest in Mozambique Area 4 from ENI . Exxonmobil - the agreed terms include a cash price of approximately $2.8 billion. . Exxonmobil - to acquire from ENI a 25 percent indirect interest in the natural gas-rich area 4 block, offshore Mozambique . Exxonmobil - ENI will continue to lead the coral floating LNG project and all upstream operations in area 4 .Exxonmobil - Exxonmobil will lead the construction and operation of natural gas liquefaction facilities onshore.  Full Article

Exxon Mobil CEO says oil markets 'more balanced,' but still sees uncertainty
Wednesday, 1 Mar 2017 12:43pm EST 

Exxon Mobil Corp : Chief Executive Darren Woods says continues to expect volatility in oil markets for near term . CEO says oil markets have become 'more balanced,' but adds 'uncertainty remains' . CEO: 'We remain in excellent financial condition' . CEO says annual capex of $25 billion likely by end of decade . CEO says startup of Liza phase 1 project still forecast for 2020 . CEO says 'very excited about future potential' in offshore Guyana . CEO says considering adding trains to Papua New Guinea liquefied natural gas project . CEO says 2020 capex outlook does not factor in significant cost inflation . Says production outlook factors in 3 percent base decline rate . Says Argentina shale 'as good as' shale reserves in contiguous United States . Says continues to try to cut well costs in Argentina, which are roughly 2-3 times higher than United States .Says looking for shale projects outside Western Hemisphere, including Middle East.  Full Article

Exxon Mobil says 2017 capital and exploration expenses $22 billion
Wednesday, 1 Mar 2017 08:30am EST 

Exxon Mobil : Exxon Mobil - 2017 capital and exploration expenses of $22 billion . Exxon Mobil - five major upstream startups over next two years to contribute 340,000 oil-equivalent barrels of working interest capacity . Exxon Mobil - 2017 capital and exploration expenses of $22 billion . Exxon Mobil - has an inventory of more than 5,500 wells in Permian and Bakken with a rate of return greater than 10 percent at $40 a barrel . Exxon Mobil says expects startup of five major upstream projects in 2017 and 2018 . Exxon Mobil - Guyana startup is expected by 2020, less than five years after initial discovery well . Says capital and exploration expenses through end of decade will average $25 billion annually . Exxon Mobil - 2017 capital spending expectation is an increase of 16 percent from 2016 .Exxon Mobil - over one quarter of planned spending this year will be made in "high-value, short-cycle" opportunities, including Permian, Bakken basins.  Full Article

ExxonnMobil adds tire testing capabilities to its Shanghai technology center
Tuesday, 28 Feb 2017 03:06pm EST 

Exxon Mobil Corp :ExxonMobil says that it has expanded tire testing capabilities of its Shanghai technology center.  Full Article

Exxon Mobil files for proposed resale of up to 68.2 mln shares of co's common stock
Tuesday, 28 Feb 2017 12:29pm EST 

Exxon Mobil : Exxon Mobil files proposed resale or other disposition of up to 68.2 million shares of co's common stock - SEC filing .Exxon Mobil - Co not offering any shares of common stock and will not receive any proceeds from sale of shares offered by selling stockholders.  Full Article

Exxon Mobil Corp obtains exemption from Canadian oil and gas reporting obligations
Monday, 27 Feb 2017 04:35pm EST 

Exxon Mobil Corp : Exxon Mobil Corporation obtains exemption from Canadian oil and gas reporting obligations . Exxon Mobil - securities commissions for provinces of Alberta and Ontario have issued a decision document . Exxon Mobil - decision document granting co exemptive relief from disclosure requirements in national instrument "51-101" . Exxon Mobil -as a result of decision, and provided certain conditions set out in decision are met, will not be required to comply with requirements of ni 51-101 .Exxon Mobil - future disclosure on oil and gas activities will comply with U.S. rules rather than NI 51-101, Canadian oil and gas evaluation handbook.  Full Article

Supreme court of Yukon approves Exxon Mobil transaction
Monday, 20 Feb 2017 08:30pm EST 

Interoil Corp : Supreme court of Yukon approves Exxon Mobil transaction .Arrangement between Interoil and Exxon Mobil corp has now received all necessary approvals.  Full Article

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