HOUSTON, — Shell today announced the launch of the Shell Energy brand into the residential power market in the United States. Through Shell Energy Solutions (“Shell Energy”) the company now offers 100% renewable electricity plans to eligible customers in Texas, expanding its portfolio of offerings and giving residential customers access to renewable electricity plans while […]
IRVING, Texas – ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions at a global scale. The agreement has the potential to redefine methane detection and mitigation efforts and could contribute to broader satellite-based emission reduction efforts across a dozen industries, […]
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 […]