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Exxon Mobil Corp (XOM)

XOM on New York Consolidated

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21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Exxon Mobil, SABIC select San Patricio county for proposed petrochemical project on U.S. Gulf Coast
Wednesday, 19 Apr 2017 09:00am EDT 

April 19 (Reuters) - Exxon Mobil Corp ::Exxon Mobil and SABIC select San Patricio county for proposed petrochemical project on u.s. Gulf coast.Exxon Mobil - facilities would include a 1.8 million tonne per year ethane cracker and derivative units.Exxon Mobil - exxonmobil and SABIC will now apply for necessary air and wastewater permits from Texas commission on environmental quality.  Full Article

Saudi's SABIC updates on joint venture with Exxon Mobil
Wednesday, 19 Apr 2017 08:00am EDT 

April 19 (Reuters) - Saudi Basic Industries Corporation <2010.SE>::Announces recent developments in its evaluation of establishing petrochemical joint venture project with Exxon Mobil in U.S. Gulf Coast.Co, Exxon Mobil agreed on April 19, to choose county of San Patricio, Texas, to be site of potential project.Co, Exxon Mobil will carry out further studies, other relevant requirements in order to make decision on establishing potential project.Joint venture to include 1.8 mta Ethylene Production Unit, which will supply ethylene to other units to produce Ethylene derivatives.Decision on establishing potential project expected to be sometime in 2018 .  Full Article

SNC-Lavalin awarded inspection services contract from HMDC and Exxonmobil Canada Properties
Monday, 10 Apr 2017 08:00am EDT 

SNC-Lavalin Group Inc : SNC-Lavalin awarded inspection services contract from HMDC and Exxonmobil Canada Properties .SNC-Lavalin - has been awarded 6-year contract by partnership composed by Hibernia Management & Development Company and Exxonmobil Canada Properties.  Full Article

Exxon eyes Brazil expansion - WSJ
Tuesday, 4 Apr 2017 10:40am EDT 

: ExxonMobil is in talks to gain access to Brazil's prized deep-water resources - WSJ, citing people familiar with the matter . Exxon's talks have included discussions about JV partnership through which Exxon would invest in projects with state-oil firm Petróleo Brasileiro SA - WSJ .Exxon's specific terms of any agreement have yet to be completed - WSJ.  Full Article

Point Resources says to buy ExxonMobil's Norwegian-operated fields
Wednesday, 29 Mar 2017 06:58am EDT 

Exxon Mobil Corp : Point Resources, majority owned by HitecVision, says to buy ExxonMobil’s operated upstream business in Norway . Point Resources says transaction subject to regulatory and partner consents and is expected to complete in q4 2017, with an effective date of 1 January 2017 . Point Resources says 2016 production was 54,000 boe/d from the ExxonMobil operated fields .Point Resources says the combined company has the potential to grow its production base organically to over 80,000 boe/d by 2022.  Full Article

ExxonMobil Chemical to expand global hydrocarbon fluid assets capacity by over 250,000 tons per year
Monday, 27 Mar 2017 12:00pm EDT 

ExxonMobil Chemical: Expanding capacity of its global hydrocarbon fluid assets by more than 250,000 tons per year . Full capacity expected to be online by early 2019 .Expanding capacity of global hydrocarbon fluid assets at petrochemical sites in Antwerp, Belgium; Baytown, Texas, and Singapore.  Full Article

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

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U.S. will not give Exxon permission to drill in Russia

WASHINGTON/SPRING, Tx. The United States will not make an exception for American companies, including oil major Exxon Mobil Corp, seeking to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday.