Tag: Exxon-Mobil Corp.

• Wednesday, October 16th 2019 - 07:27 UTC

  Brazil eyes a US$1.45 billion payday as big oil flocks to pre-salt

  

  Brazil expects to pocket some US$ 1.45 billion from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special secretary to the Economy Ministry, Waldery Rodriguez, that the total minimum sum of signing bonuses for all the blocks that will be tendered on November 7th is US$ 1.9 billion.

• Wednesday, August 7th 2019 - 09:20 UTC

  Cuba to defend itself in US court against oil giant ExxonMobil

  

  Cuba announced on Tuesday it would defend itself in US court against oil giant ExxonMobil, which has accused two companies on the island nation of “unlawful trafficking” of its assets after Fidel Castro's 1959 communist revolution.

• Tuesday, October 31st 2017 - 08:30 UTC

  Brazil: the return of deepwater oil

  

  By Nick Cunningham of Oilprice.com - On a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in the country after a major policy overhaul allowed private investment.

• Monday, July 4th 2016 - 09:56 UTC

  Exxon-Mobil-Hess confirm that off Guyana coast oil discovery is largest in two years

  

  ExxonMobil and its partner Hess Corp. have announced that the major discovery off the coast of Guyana, in the north of South America and bordering with Venezuela, is a discovery that is much larger than previously expected.

• Friday, July 24th 2015 - 09:38 UTC

  ExxonMobil find in Guyana's waters could be worth 12 times the country's GDP

  

  The Exxon Mobil oil find in Guyana, which has triggered a strong reaction from neighboring Venezuela could be worth 12 times more than that nation’s GDP. In effect according to a Guyanese minister, the find at Liza-1well in offshore Guyana could be worth about $40 billion at current international crude prices.

• Monday, March 2nd 2015 - 06:39 UTC

  ExxonMobil ready to begin exploratory drilling offshore Guyana

  

  Exxon Mobil says plans are in place to start exploratory drilling in Guyana this month. In a release it was disclosed that the Guyana Minister of Natural Resources Robert Persaud, met with Chuck Calavan, ExxonMobil Vice President of US and Latin America and Jeff Simon, Country Manager, ESSO.

• Friday, May 23rd 2014 - 10:45 UTC

  YPF discovers shale in Chubut province, 1.000 km southeast of Vaca Muerta

  

  At least 15 more shale oil and gas wells will be drilled in Argentina's Patagonia Chubut province over the next three years, a provincial official said on Thursday, a day after its first shale discovery was made public.

• Friday, August 31st 2012 - 04:08 UTC

  YPF tempting global oil industry heavyweights with ‘Vaca Muerta’ shale formation

  

  Exxon-Mobil Corp. and Apache Corp. will hold talks with Argentina's YPF next month to discuss further investments in the country's Vaca Muerta shale formation, said a YPF official briefed on the matter.