ExxonMobil

ExxonMobil’s latest Singapore facility signals that innovation can continue amid global challenges: DPM Gan

The move comes even as the company is set to lay off 10% to 15% of its Singapore workforce by end-2027

Exxon has in the past two years gradually scaled down term contract volumes with customers in Singapore.

ExxonMobil to permanently shut one steam cracker in Singapore from March: sources

The closure of the plant, which opened in 2002, is expected to be completed by June

The suspension of the project, which had already experienced delays, reflects a wider slowdown in efforts by traditional oil and gas firms to transition to cleaner energy sources as many of the initiatives struggle to turn a profit.

Exxon freezes plans for major hydrogen plant amid weak customer demand

[HOUSTON] Exxon Mobil has paused plans to build what would be one of the world’s largest hydrogen production facilities due to weak customer demand, CEO Darren Woods told Reuters in an interview on Fr...

Until now, Chandra Asri has not revealed financial details of the transaction, which includes nearly 60 petrol stations along with associated supply agreements.

Chandra Asri gets US$750 million from KKR to buy ExxonMobil’s Singapore petrol stations

The Indonesian conglomerate says that it plans to retain the Esso branding

Exxon has highlighted its portfolio of prolific assets and technology, which it says can improve oil recovery rates, allowing it to reap profits even during periods of lower crude prices.

ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production

Adjusted earnings during the quarter are US$8.1 billion, or US$1.88 per share

Chandra Asri has signed a sale and purchase agreement to acquire the fuel stations through a special purpose vehicle under a wholly owned subsidiary of the group.

Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations

[JAKARTA] Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its US$1 billion purchase of Esso-branded service stations ...

Refineries use their safety flare systems to burn off hydrocarbons that cannot be processed normally.

Exxon restarts FCCU at Texas refinery, sources say

[HOUSTON] Exxon Mobil restarted the gasoline-producing fluidic catalytic cracking unit on Thursday (Oct 9) at its 612,000-barrel-per-day refinery in Beaumont, Texas, people familiar with plant operati...

ExxonMobil said changes in gas prices could affect its quarterly upstream earnings from a negative US$200 million to as much as a positive US$200 million.

ExxonMobil expects up to US$300 million boost to Q3 upstream earnings from oil prices

EXXONMOBIL said on Monday changes in crude oil prices over the third quarter could impact the company’s upstream earnings from negative US$100 million to as much as a positive US$300 million.

ExxonMobil is making “tough decisions” that build upon a years-long effort to improve competitiveness, says chief executive officer Darren Woods.

ExxonMobil to cut 2,000 workers as oil sector job losses mount

The reductions represent about 3% to 4% of ExxonMobil’s global workforce