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Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

80.12USD
21 Jul 2017
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$-0.74 (-0.92%)
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Latest Key Developments (Source: Significant Developments)

Exxon Mobil to challenge finding by OFAC that it violated U.S. sanctions against Russia in 2014​
Thursday, 20 Jul 2017 02:53pm EDT 

July 20 (Reuters) - Exxon Mobil Corp ::Says ‍launched legal challenge to finding by treasury department's office of foreign assets control that it violated U.S. sanctions against Russia in 2014​.Says ‍OFAC alleges co violated sanctions when it signed some documents in may 2014 countersigned on behalf of Rosneft by Igor Sechin acting as Rosneft executive​.Says ‍at time of signing documents, ongoing oil and gas activities in Russia with Rosneft​ were not under any direct sanction by U.S. government.  Full Article

Exxon, ‍university Of Wisconsin-Madison announce 2-year renewal of agreement
Monday, 17 Jul 2017 09:00am EDT 

July 17 (Reuters) - Exxon Mobil Corp ::Exxon - co, ‍university Of Wisconsin-Madison announced 2-year renewal of agreement to research chemistry of converting biomass into transportation fuels​.  Full Article

Exxon says production unit restarted at Joliet, Ill. refinery
Monday, 3 Jul 2017 07:53am EDT 

July 3 (Reuters) - Exxon Mobil Corp ::Exxon confirms report of flaring event related to restart of a production unit at Joliet, Illinois refinery.  Full Article

Exxon Baytown, Tx refinery reports pipe repair, minimal production impact
Friday, 23 Jun 2017 12:11pm EDT 

June 23 (Reuters) - Exxon Mobil Corp ::Exxon Mobil Baytown, Texas refinery reports emissions from hole in pipe, sulfur conversion unit(SCU).Exxon Mobil Baytown, Texas refinery reports pipe is being isolated for repair; there is minimal impact to production.Exxon Mobil Baytown, Texas refinery reports event is currently ongoing.  Full Article

Iraq's total oil production 4.315 million bpd so far in June - minister
Thursday, 22 Jun 2017 10:00am EDT 

June 22 (Reuters) - Iraq total oil production 4.315 million bpd so far in June:Iraq total oil exports 3.8 million bpd - Iraqi Oil Minister Jabar al-Luaibi.June volumes include Kurdistan shipments.Oil exports from Kurdistan about 530,000 bpd so far in June.Oil prices will start recovering end July.Oil prices to reach $54 to $56/bbl by year end.Iraq in “calm negotiations” with foreign oil companies to amend service contracts.Iraqi oil minister says will implement seawater project end-2017 even if no deal is reached with Exxon.  Full Article

SBM Offshore awarded contracts for the ExxonMobil Liza project in Guyana
Thursday, 22 Jun 2017 01:31am EDT 

June 22 (Reuters) - SBM Offshore NV : :SBM Offshore awarded turnkey and lease and operate contracts for the ExxonMobil Liza FPSO.SBM offshore NV - ExxonMobil has formally confirmed award of contracts for next phase of Liza project in Guyana.SBM Offshore NV - under contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel.Floating production, storage and offloading vessel is designed to produce up to 120,000 barrels of oil per day.  Full Article

SBM Offshore awarded turnkey and lease & operate contracts for the ExxonMobil Liza FPSO
Thursday, 22 Jun 2017 01:30am EDT 

June 22 (Reuters) - SBM OFFSHORE NV :PRESS RELEASE SBM OFFSHORE AWARDED TURNKEY AND LEASE AND OPERATE CONTRACTS FOR THE EXXONMOBIL LIZA FPSO.  Full Article

Exxon confirms leak on production unit at Joliet, Ill. refinery
Tuesday, 20 Jun 2017 06:20am EDT 

June 20 (Reuters) - Exxon Mobil Corp ::Exxon confirms controlled shutdown to repair a leak on a production unit at the Joliet, Illinois refinery.Refinery capacity: 238,600 barrels per day.Related: Exxon reports controlled shutdown, leak at Joliet refinery nFWN1JH050.  Full Article

Exxon says production unit undergoing maintenance at Joliet, Ill. refinery
Monday, 19 Jun 2017 01:26pm EDT 

June 19 (Reuters) - Exxon Mobil ::Exxon says a production unit is undergoing short term maintenance at Joliet, Illinois refinery.  Full Article

ExxonMobil decides to proceed with liza oil development in Guyana
Friday, 16 Jun 2017 08:00am EDT 

June 16 (Reuters) - ExxonMobil Corp ::ExxonMobil makes final investment decision to proceed with liza oil development in Guyana.ExxonMobil - initial production system expected to produce up to 120,000 barrels of oil per day.ExxonMobil - development on track for production startup by 2020; less than five years after discovery.ExxonMobil - ‍gross recoverable resources on stabroek block have increased to an estimated 2 billion to 2.5 billion oil-equivalent barrels​.ExxonMobil - gross recoverable resources on stabroek block have increased to an estimated 2 billion to 2.5 billion oil-equivalent barrels.ExxonMobil - made a final investment decision to proceed with first phase of development for liza field.ExxonMobil - liza phase 1 development is expected to cost just over $4.4 billion.  Full Article

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After false dawn, Big Oil to double down on cost cuts

LONDON After a brief respite at the start of the year, the world's top oil and gas companies are set to double down on cost cutting as a recovery in crude prices after a three-year slump falters.