Tag #Exxonmobil

Showing 13 to 19 of 19 results

elpais.com

🌐 85% Global Worthiness

Mar 2, 19:09

Venezuela-Guyana Maritime Dispute Escalates

A Venezuelan military vessel's proximity to a U.S. ExxonMobil oil platform off Guyana's coast Saturday sparked a diplomatic crisis, with Guyana accusing Venezuela of violating its territorial integrity and Venezuela rejecting Guyana's claims to the disputed Essequibo region.

Venezuela-Guyana Maritime Dispute Escalates

A Venezuelan military vessel's proximity to a U.S. ExxonMobil oil platform off Guyana's coast Saturday sparked a diplomatic crisis, with Guyana accusing Venezuela of violating its territorial integrity and Venezuela rejecting Guyana's claims to the disputed Essequibo region.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of the Venezuelan military ship's presence near the Guyanese oil platform on the territorial dispute between Venezuela and Guyana?

A Venezuelan military ship sailed near a Guyanese oil platform, prompting Guyana's president to accuse Venezuela of threatening its territorial integrity. This incident, involving a U.S. ExxonMobil platform in waters Guyana claims as its exclusive economic zone, has escalated tensions between the two countries, leading to diplomatic protests and military responses from both sides.

theguardian.com

🌐 85% Global Worthiness

Jan 9, 07:05

ExxonMobil Sues Over Alleged Smear Campaign Linked to Andrew Forrest

ExxonMobil filed a defamation lawsuit in Texas against California's attorney general and environmental groups, alleging a smear campaign linked to Australian mining magnate Andrew Forrest's charity, the Intergenerational Environment Justice Fund (IEJF), over criticism of ExxonMobil's plastics recycl...

ExxonMobil Sues Over Alleged Smear Campaign Linked to Andrew Forrest

ExxonMobil filed a defamation lawsuit in Texas against California's attorney general and environmental groups, alleging a smear campaign linked to Australian mining magnate Andrew Forrest's charity, the Intergenerational Environment Justice Fund (IEJF), over criticism of ExxonMobil's plastics recycl...

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Climate Action

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What are the immediate implications of ExxonMobil's defamation lawsuit against environmental groups and the alleged connection to Andrew Forrest's charity?

ExxonMobil has filed a defamation lawsuit in a US court against California's attorney general and several environmental groups, alleging a smear campaign orchestrated, in part, by Australian mining magnate Andrew Forrest's charity. The suit claims the defendants made false statements criticizing ExxonMobil's plastics recycling technology. Forrest, while not a defendant, welcomes the lawsuit, viewing it as an opportunity for cross-examination.

welt.de

🌐 85% Global Worthiness

Dec 14, 00:36

ExxonMobil Exits German Refining, Citing EU's Burdensome Regulations

ExxonMobil will divest from its 25% stake in Germany's MIRO refinery, exiting German oil refining due to the EU's complex regulatory environment, high compliance costs, and stringent disclosure requirements, hindering investment and competitiveness.

ExxonMobil Exits German Refining, Citing EU's Burdensome Regulations

ExxonMobil will divest from its 25% stake in Germany's MIRO refinery, exiting German oil refining due to the EU's complex regulatory environment, high compliance costs, and stringent disclosure requirements, hindering investment and competitiveness.

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Industry, Innovation, and Infrastructure

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What are the primary factors driving ExxonMobil's decision to exit German oil refining, and what are the immediate implications for the European energy sector?

ExxonMobil plans to divest from its 25% stake in Germany's MIRO refinery and exit German oil refining, citing numerous factors influencing this decision. The EU's complex and ever-changing regulatory environment, including high compliance costs and stringent disclosure requirements, is a significant deterrent to long-term investment. This bureaucracy discourages investment in research and development, hindering growth and competitiveness within the EU.

apnews.com

🌐 65% Global Worthiness

Nov 22, 13:04

India Eyes Guyanese Oil for Energy Security

India seeks to secure a long-term oil deal with Guyana to enhance its energy security, facing challenges related to ExxonMobil's involvement and logistics.

India Eyes Guyanese Oil for Energy Security

India seeks to secure a long-term oil deal with Guyana to enhance its energy security, facing challenges related to ExxonMobil's involvement and logistics.

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Affordable and Clean Energy

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What are India's objectives in its pursuit of an oil deal with Guyana?

India is interested in securing a long-term oil deal with Guyana to bolster its energy security, viewing Guyana as a crucial energy source.

elmundo.es

🌐 90% Global Worthiness

Mar 1, 22:09

Venezuelan Warship Approaches Guyanese Oil Platform, Escalating Essequibo Dispute

A Venezuelan warship approached a Guyanese oil platform on Saturday, prompting Guyana to activate its defenses and seek aid from allies like the US, which condemned the action as a violation of Guyana's internationally recognized maritime territory, further escalating the long-standing border disput...

Venezuelan Warship Approaches Guyanese Oil Platform, Escalating Essequibo Dispute

A Venezuelan warship approached a Guyanese oil platform on Saturday, prompting Guyana to activate its defenses and seek aid from allies like the US, which condemned the action as a violation of Guyana's internationally recognized maritime territory, further escalating the long-standing border disput...

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Peace, Justice, and Strong Institutions

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What were the immediate consequences of the Venezuelan warship's approach to the Guyanese oil platform?

On Saturday, a Venezuelan warship, the ABV Guaquerí, approached the Prosperity FPSO oil platform off the coast of Guyana. Guyana's government responded by deploying its air and naval defenses and requesting aid from allies including the US, UK, and others. The US condemned the action as a violation of Guyana's maritime territory, warning of consequences for further provocations.

allafrica.com

🌐 85% Global Worthiness

Dec 14, 00:36

Seplat Completes $800 Million ExxonMobil Asset Acquisition, Expanding Nigeria's Energy Production

Seplat Energy finalized its $800 million acquisition of ExxonMobil's Nigerian assets, incorporating 1,000 staff, 500 contractors, and significantly expanding its oil and gas production and reserves, thereby creating Nigeria's leading independent energy company.

Seplat Completes $800 Million ExxonMobil Asset Acquisition, Expanding Nigeria's Energy Production

Seplat Energy finalized its $800 million acquisition of ExxonMobil's Nigerian assets, incorporating 1,000 staff, 500 contractors, and significantly expanding its oil and gas production and reserves, thereby creating Nigeria's leading independent energy company.

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Decent Work and Economic Growth

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What is the immediate impact of Seplat's acquisition of MPNU on Nigeria's energy production and Seplat's operational capacity?

Seplat Energy Plc completed its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil for $800 million, significantly increasing Seplat's oil and gas production and reserves. The deal includes 1,000 MPNU staff and 500 contractors transitioning to Seplat, and the creation of Seplat Energy Producing Nigeria Unlimited (SEPNU).

forbes.com

🌐 85% Global Worthiness

Dec 11, 19:12

ExxonMobil to Boost Oil Production by 18% While Investing $30 Billion in Low-Carbon Projects

ExxonMobil announced plans to increase oil production by 18% to 5.4 million barrels per day by 2030, investing $28-$33 billion annually, with a further $30 billion allocated to low-emission projects in carbon capture, hydrogen, and lithium production, aiming for significant earnings growth in both s...

ExxonMobil to Boost Oil Production by 18% While Investing $30 Billion in Low-Carbon Projects

ExxonMobil announced plans to increase oil production by 18% to 5.4 million barrels per day by 2030, investing $28-$33 billion annually, with a further $30 billion allocated to low-emission projects in carbon capture, hydrogen, and lithium production, aiming for significant earnings growth in both s...

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Climate Action

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What is ExxonMobil's plan to increase oil production and what are the key financial and environmental implications?

ExxonMobil plans to increase oil production by 18% to 5.4 million barrels per day by 2030, investing $28 to $33 billion annually. This expansion will focus on the Permian Basin and Guyana, aiming for an additional $9 billion in annual upstream earnings by 2030. The company will also invest $30 billion in low-emission projects.

Showing 13 to 19 of 19 results