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With its import dependence rising to 85 per cent for meeting oil needs, India has been seeking technical and financial support from global oil majors to find newer resources and raise domestic production. ONGC, the nation's top oil and gas producer, has been in talks with ExxonMobil for several months now to explore a partnership

Exxon Mobil Profits Soar Despite $3.4 Bn Hit From Russian Exit

Including that loss, the oil giant reported profits of USD1.28 per share on Friday, which was well below expectations of analysts polled by Factset, who were looking for USD2.23 per share

Guyana Gets $106 Mn From Exxon For Oil From Newest Offshore Platform

The 1-million-barrel cargo of the new crude, called Unity Gold, was sold through a competitive bidding process that Exxon won with a bid of $106 per barrel, according to the Guyana Ministry of Natural Resources

Oil Firms Secure Injunctions To Stop UK Climate Protests

Environmental groups such as Extinction Rebellion and Just Stop Oil have been staging daily protests in London and across the country which have mainly been focused on oil facilities

ExxonMobil Eyes More Long-Term Gas Supply Deals With India

Companies are investing billions of dollars to build pipelines and gas import terminals to meet the rising demand in India

ExxonMobil Keen To Work With India To Make It Energy Independent By 2047

Energy & Infra Renewable Energy

I think the Prime Minister's objective, the target he set at the Independence Day speech of making India energy independent by 2047," on the country's 100th birthday, "is exactly the right target for energy security. And companies like Exxon Mobil are looking forward to working with India to find cleaner sources of energy to help meet that objective," said ExxonMobil leadership.

ExxonMobil Signs Pact To Supply Lubricants To Nissan Motor India PV Aftermarket Biz

The co-developed engine oils will be available through the Nissan service network for all variants of Nissan models from April 1

Nissan India & ExxonMobil Join Hands To Supply Lubricants For Passenger Vehicles Business

Companies & Markets Sector Reports Auto

The new range of engine oils is suitable for India’s latest BS-VI standards and is compatible with older generation BS-III or BS-IV Nissan models.

Exxon, Chevron CEOs Discussed Merger In Early 2020

Exxon and Chevron's shares nosedived last year after a Saudi-Russian price war and fallout from the novel coronavirus outbreak caused the value of oil to crater.

RIL overtakes ExxonMobil to become world's second most valuable energy company, market cap crosses USD 189 billion

Raj Kantak

RIL overtakes ExxonMobil to become world's second most valuable energy company, market cap crosses USD 189 billion

Senate Fight Looms After Trump Taps Exxon CEO As Top US Diplomat

Economy

Tillerson's 'cosy ties to Vladimir Putin and Russia would represent an untenable conflict at the State Department,' Representative Eliot Engel said in a statement

Donald Trump Picks ExxonMobil Chief Rex Tillerson As Secretary Of State, Say Reports

Economy

US President-elect Donald Trump has picked ExxonMobil CEO Rex Tillerson as his Secretary of State, media reports said on Tuesday amid speculation that the oil executive's close ties with Russian President Vladimir Putin could complicate his confirmation prospects

Global Glut Of Oil Products Threatens Crude Recovery

While the crude market has been plagued by world oversupply for two years, a global glut of refined products is a relatively new phenomenon

As Big Oil Shrinks, Boards Plot Different Paths Out Of Crisis