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Exxon expects more oil from Guyana’s offshore block

(Reuters) – Exxon Mobil Corp and its partners now expect the large Stabroek oil block offshore Guyana to contain about 25 percent more recoverable resources than estimated, they said on Monday. Exxon and U.S.-based partner Hess Corp said more than 4 billion ba... More »

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Exclusive: Exxon eyes Egypt’s offshore oil and gas – sources

FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo LONDON/VIENNA (Reuters) – Exxon Mobil (XOM.N) is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success i... More »

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Texas judge kicks Exxon climate lawsuit to New York court

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/File Photo A federal judge in Texas on Wednesday kicked an Exxon Mobil Corp lawsuit seeking to thwart... More »

ExxonMobil launches bidding war for InterOil in PNG gas push

MELBOURNE ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New Guinea gasfield, winning the support of its target and topping an offer from Australia’s Oil Search Ltd. The bid pits ExxonMobil, the world... More »

Exxon Mobil must allow climate change vote: SEC

The U.S. Securities and Exchange Commission has ruled Exxon Mobil Corp must include a climate change resolution on its annual shareholder proxy, a defeat for the world’s largest publicly traded oil producer, which had argued it already provides adequate carbon... More »