Edition:
United States

Exxon Mobil Corp (XOM.N)

XOM.N on New York Stock Exchange

81.40USD
26 Apr 2017
Change (% chg)

-- (--)
Prev Close
$81.40
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
3,973,281
52-wk High
$95.52
52-wk Low
$80.30

Latest Key Developments (Source: Significant Developments)

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

U.S. DOJ, EPA announce $15 mln settlement to clean up contamination at Sauget Area 1 sites
Friday, 17 Feb 2017 03:03pm EST 

U.S. Department of Justice: Department of Justice and EPA announce $15 million settlement to clean up contamination at Sauget Area 1 sites .Pharmacia LLC Solutia, ExxonMobil, Cerro Flow Products agreed to clean up waste disposal sites comprising Sauget Area 1 superfund site in Illinois.  Full Article

Pason announces award of ExxonMobil drilling advisory system license
Friday, 10 Feb 2017 09:00am EST 

Pason Systems Inc - : Pason announces award of ExxonMobil drilling advisory system license . Has been awarded a global license of ExxonMobil's patented drilling advisory system .Agreement combines ExxonMobil's experience in drilling surveillance & Pason's expertise in deploying, advanced technologies at rig-site.  Full Article

More From Around the Web

Photo

Judge says Exxon owes $19.95 million for Texas refinery pollution

HOUSTON A federal judge ruled on Wednesday that ExxonMobil Corp should pay a $19.95 million penalty for pollution from its Baytown, Texas, refining and chemical plant complex between 2005 and 2013.