Keyword: ExxonMobil

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Wintershall Dea to Write off Nord Stream 2 Financing

07.03.2022 -

Under pressure from economic sanctions imposed on Russian assets by Europe and the US after Russia’s invasion of Ukraine, Wintershall Dea, the German oil and gas producer...

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ExxonMobil Invests in Carbon Capture at US Sites

04.03.2022 -

ExxonMobil is expanding its carbon capture and storage (CCS) capabilities at two sites in the US, namely Baytown in Texas, and LaBarge in Wyoming. The projects are part...

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ExxonMobil Restructures, Relocates to Houston

07.02.2022 -

ExxonMobil is restructuring its organization into three business lines and relocating its corporate headquarters from Irving, Texas to Houston by mid-2023 in a move the...

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Exxon-SABIC JV Starts up new Texas Petchem Site

02.02.2022 -

ExxonMobil and SABIC have brought on stream what they tout as the world’s largest ethane cracker. The facility at Portland, Texas, which is operated by the companies’...

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ExxonMobil Takes Stake in Norwegian Biofuels Business

26.01.2022 -

US multinational energy company ExxonMobil has bought a 49.9% stake in Biojet, a Norwegian biofuels company that plans to convert forestry and wood-based construction...

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ExxonMobil Acquires Materia

09.12.2021 -

ExxonMobil Chemical has acquired Materia, a US-based company that has pioneered technology for manufacturing a new class of materials that can be used in various...

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ExxonMobil Plans Chemical Recycling Plant in Baytown

20.10.2021 -

Following trials earlier this year of its proprietary technology for advanced recycling – also referred to as chemical recycling – ExxonMobil has now announced its...

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ExxonMobil Studies CCS for Fife Ethylene Plant

12.10.2021 -

ExxonMobil has signed an Expression of Interest for the carbon capture and storage (CCS) of CO2 emissions from its Fife ethylene plant in Scotland. The move sees the US...