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Tag: exxon
Guyana: Exxon to begin offshore drilling
2015-03-06 09:54:42| Chemicals - Topix.net
Exxon Mobil will start exploration drilling at the large Stabroek Block off the coast of Guyana on Friday, the government said, in a move that could inflame a long-running territorial row with neighbouring Venezuela. "They are doing the preparatory work, and actual drilling is expected to commence tomorrow morning," Guyana's Natural Resources Minister Robert Persaud told Reuters on Thursday.
Tags: begin
guyana
offshore
drilling
Exxon Mobil big believer in domestic shale production
2015-03-06 01:25:07| Chemicals - Topix.net
In a world of $55 a barrel oil, Exxon Mobil is relying on shale fields in Texas, Oklahoma and North Dakota to help fund the next wave of big overseas projects it needs to thrive in the future. Exxon unveiled plans Wednesday to double the amount of oil it pumps from U.S. shale fields during the next three years, even as it moves more cautiously on investments in big projects elsewhere.
Tags: big
production
mobil
domestic
New Jersey officially announces $225M Exxon Mobil settlement
2015-03-05 21:05:41| Chemicals - Topix.net
New Jersey announced a $225 million settlement with Exxon Mobil on Thursday that state officials say is the largest environmental settlement in state history - though it has been criticized by Democratic lawmakers who say it is for a mere fraction of the nearly $9 billion initially sought. Acting Attorney General John J. Hoffman said the settlement over refinery sites in Linden and Bayonne is separate from Exxon Mobil's obligation to clean up the sites at its own expense.
Tags: jersey
mobil
settlement
officially
New Jersey announces $225M Exxon settlement after originally seeking $8.9 billion
2015-03-05 21:05:40| Chemicals - Topix.net
New Jersey announced a $225 million settlement with Exxon Mobil on Thursday that state officials say is the largest environmental settlement in state history - though it has been criticized by Democratic lawmakers who say it is for a mere fraction of the nearly $9 billion initially sought. Acting Attorney General John J. Hoffman said the settlement over refinery sites in Linden and Bayonne is separate from Exxon Mobil's obligation to clean up the sites at its own expense.
Tags: originally
jersey
seeking
billion
New Jersey Governor Christie's office drove favorable Exxon settlement: NYT
2015-03-05 15:06:09| Energy - Topix.net
New Jersey's long legal battle to recover $8.9 billion from Exxon Mobil Corp for environmental damage ended when Governor Chris Christie's chief counsel, Christopher Porrino, cut a deal to settle for $250 million, the New York Times reported, citing two people familiar with the negotiation. The Times reported last week that the settlement, which has not been made public, had been reached after 11 years of legal battle over New Jersey's claim for damages from Exxon Mobil for the contamination of more than 1,500 acres of wetlands and waters.
Tags: office
jersey
governor
settlement
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