(WO) — ExxonMobil is advancing a dual-track upstream strategy in Angola focused on extending production from mature offshore assets while expanding exploration in frontier basins, underscoring the ...

West Texas Intermediate (“WTI”) crude is currently trading above $90 per barrel according to data from Oilprice.com. Although ...

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Bangladesh launched the offshore bidding round for a second time on 24 May, offering 26 hydrocarbon blocks – 11 in shallow ...

Morgan Stanley raised the firm’s price target on Exxon Mobil (XOM) to $185 from $177 and keeps an Overweight rating on the ...

For example, ExxonMobil spent almost $9 billion on “capital and exploration” from January to March this year (compared to $9.45 billion in profits), and almost $37 billion last year (compared to $41 ...

ExxonMobil and Turkish Petroleum (TPAO) on Thursday signed a memorandum of understanding covering exploration and development opportunities in the Black Sea and the Mediterranean Sea. The agreement ...

ExxonMobil will award $1 million to the Society of Exploration Geophysicists Foundation in support of the organization's mission to prepare students from around the world for careers in geophysics.

The latest exploration well offshore Newfoundland & Labrador, Canada, has been abandoned after failing to find commercial volumes of hydrocarbons. This failure off ExxonMobil’s Gale N-66 well means ...