ABU DHABI, United Arab Emirates, Nov. 15, 2021 — Today at ADIPEC, IBM (NYSE: IBM) and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN) announced the two companies will combine the benefits of IBM Open Data for Industries for IBM Cloud Pak for Data and the AWS Cloud to serve energy customers. […]
SAN RAMON, Calif. and DEERFIELD, Ill., – Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Caterpillar Inc. (NYSE: CAT) today announced a collaboration agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power. The goal of the collaboration is to confirm the feasibility and performance of hydrogen […]
IRVING, Texas — Exxon Mobil Corporation has received notice of an unsolicited mini-tender offer by Ponos Industries LLC to purchase up to 1 million shares of ExxonMobil common stock, which represents approximately 0.024 percent of the shares outstanding as of the April 27, 2020 offer date. ExxonMobil recommends shareholders reject below-market mini-tender offer by Ponos […]
IRVING, Texas – ExxonMobil and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions. Research projects to-date have included CO2 capture, power generation and new innovative materials Research agreement for breakthrough energy technologies began in 2015, renewed in 2020 through 2025 The new, five-year agreement […]
SAN RAMON, Calif. Chevron Corporation (NYSE: CVX) today provided an overview of the company’s work to respond to the COVID-19 pandemic at its 2020 annual meeting of stockholders. This year’s meeting was virtual in place of an in-person event due to safety concerns related to the pandemic. “Our thoughts are with those affected by COVID-19 and […]
IRVING, Texas – ExxonMobil said today it has reconfigured manufacturing operations in Louisiana to produce medical-grade hand sanitizer for donation to COVID-19 response efforts in Louisiana, New Jersey, New Mexico, New York, Pennsylvania and Texas. ExxonMobil modifies facilities to produce medical-grade sanitizer for COVID-19 response Share Print Top Product to be donated to health care […]
IRVING, Texas — ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases, the company said today. ExxonMobil evaluating significant near-term capital and operating expense reductions share Print Top “Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce […]
IRVING, Texas – ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil-equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block. ExxonMobil ups Guyana recoverable resources to more than 8 billion oil-equivalent […]
IRVING, Texas – ExxonMobil said today that it has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates. The expansion project uses proprietary technologies to increase yields of higher-value products Integrated […]
IRVING, Texas–ExxonMobil said today that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is located 19 miles (31 kilometers) east of the Pluma-1 discovery in the southeast Stabroek Block. The Noble Tom Madden drillship is expected […]
