ExxonMobil Corp., which posted a higher quarterly profit than expected on Friday, raised its quarterly dividend and is keeping its long-term forecast for rising natural gas and oil demand, the investor relations chief said Friday. Meanwhile, Chevron Corp. reported its second straight quarterly loss.
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ExxonMobil Ramps Up NatGas Production at Alaska’s Point Thomson
ExxonMobil Corp. said Friday it has started up production at Point Thomson, the first company-operated project on Alaska’s North Slope, where initial output is expected to be 5,000 b/d of condensate and 100 MMcf/d of natural gas.
ExxonMobil Ramps Up NatGas Production at Alaska’s Point Thomson
ExxonMobil Corp. said Friday it has started up production at Point Thomson, the first company-operated project on Alaska’s North Slope, where initial output is expected to be 5,000 b/d of condensate and 100 MMcf/d of natural gas.
Julia Ramps Up Ahead of Schedule in Ultra-Deepwater Walker Ridge
Production has ramped up under budget and ahead of schedule at the ultra-deepwater Julia field in the Gulf of Mexico, with a second well scheduled to begin producing in the coming weeks, ExxonMobil Corp. said Tuesday.
Julia Ramps Up Ahead of Schedule in Ultra-Deepwater Walker Ridge
Production has ramped up under budget and ahead of schedule at the ultra-deepwater Julia field in the Gulf of Mexico, with a second well scheduled to begin producing in the coming weeks, ExxonMobil Corp. said Tuesday.
ExxonMobil Says One Climate Change Probe ‘Chilling,’ Violates Constitutional Rights
ExxonMobil Corp. has asked a Texas court to quash a subpoena issued last month that is seeking decades of documents for an investigation into whether the supermajor covered up information about how its fossil fuels production may contribute to climate change.
ExxonMobil Says One Climate Change Probe ‘Chilling,’ Violates Constitutional Rights
ExxonMobil Corp. has asked a Texas court to quash a subpoena issued last month that is seeking decades of documents for an investigation into whether the supermajor covered up information about how its fossil fuels production may contribute to climate change.
Interior’s Sweeping Offshore Drilling Rule Designed to Improve Safety, But Draws Industry Ire
The Obama administration’s updated offshore drilling regulations issued Thursday, designed to overhaul safety practices and equipment to prevent another Macondo-like tragedy, were barely out of the gate before industry — and its critics — pounced. Producers said the costs are too high, while conservation groups say the rules don’t go far enough.
Interior’s Sweeping Offshore Drilling Rule Designed to Improve Safety, But Draws Industry Ire
The Obama administration’s updated offshore drilling regulations issued Thursday, designed to overhaul safety practices and equipment to prevent another Macondo-like tragedy, were barely out of the gate before industry — and its critics — pounced. Producers said the costs are too high, while conservation groups say the rules don’t go far enough.
Gore, State AGs Pushing to Reduce Industry Oil, NatGas Emissions, Defend CPP
Former Vice President Al Gore and New York Attorney General (AG) Eric Schneiderman are leading a coalition of states, cities and counties that will push for lower emissions by the oil and natural gas industry, in part to defend President Obama’s top initiative to combat climate change.