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Keyword: Exxon

News

Rystad Predicts Global E&P Capex to Reach at least a 13-Year Low in 2020

30.03.2020 - Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this year, about 17% versus 2019 levels, under Oslo, Norway...

News

Exxon to end Sanction-struck Russian JVs

06.03.2018 - US oil and petrochemicals multinational Exxon Mobil has decided to end its exploration joint ventures with Russia’s Rosneft due to US and international sanctions that have blocked...

News

Tighter US Sanctions on Russia Could Hurt Europe

31.07.2017 - The proposed US tightening of economic sanctions against Russia is making waves not only at home but also in Europe. A bill passed by the House of Representatives last week, which...

News

ExxonMobil Contests Russia Sanction Violation Fine

24.07.2017 - ExxonMobil is contesting a $2 million fine from the US Treasury Department for violating sanctions against doing business with Russia. The discussion revolves around a deal made...

News

Russia and Exxon Seek to Resolve Tax Dispute

05.05.2017 - A Stockholm, Sweden, arbitration court has postponed a hearing in a tax dispute between the Russian finance ministry and US oil and petrochemials ExxonMobil while the disputing...

News

SABIC and ExxonMobil Study US Complex

27.07.2016 - Saudi Arabian chemical giant SABIC and an affiliate of ExxonMobil are weighing the potential development of a joint petrochemical complex on the US Gulf Coast. If it goes ahead...

News

Exxon Fined $1.4 million for US Water Pollution

02.09.2014 - ExxonMobil Pipeline Company has agreed to pay a civil penalty of $1.4 million for an alleged violation of the US Clean Water Act. Charges brought by the Environmental Protection...

News

Exxon Starts World’s first Crude-Cracking Petrochemical Unit

09.01.2014 - ExxonMobil officially launched the world's first chemical unit that processes crude oil in Singapore, aiming to lower costs to better compete with rivals in a market saddled with...

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