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Exxon Mobil Raises $9.5 Billion to Load Up on Cash While Debt Market Still Open

2020-04-14 19:05:00| OGI

Exxon Mobil raised $9.5 billion by selling five different bonds with a variety of durations ranging from five years to 31 years, up from $9 billion which it had originally planned to raise.

Tags: still open market cash

 

Shell, Exxon Mobil Halt Some Gulf of Mexico Output Due to Pipeline Leak

2020-04-13 23:13:43| OGI

Production was temporarily halted at Shell's Perdido production hub. Production on Exxons Hoover platform also was halted because of the leak.

Tags: due mexico output mobil

 
 

Exxon Mobil Tests New Technologies to Slash Methane Emissions

2020-04-13 15:07:44| OGI

The company said the pilot project is being carried out at nearly 1,000 sites in Texas and New Mexico using drones, planes, helicopters, ground-based mobile and fixed-position sensors.

Tags: tests technologies mobil emissions

 

Exxon Mobil Could Delay Third Guyana Project Amid Low Prices, Spending Cuts

2020-04-07 18:17:28| OGI

Payaras startup had been slated for as early as 2023 and was expected to eventually produce some 220,000 barrels per day (bbl/d) of crude, according to Exxons website.

Tags: low project prices mobil

 

Exxon Mobil Chops Spending by 30%

2020-04-07 15:17:07| OGI

Exxon Mobil Corp. on April 7 throttled back a multiyear investment in shale, LNG and deepwater oil production and will cut planned capital spending by 30% this year as the coronavirus pandemic saps energy demand and oil prices.

Tags: mobil spending exxon chops

 

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